AIP News RoundUp – EP 52 – Hugh Terry and Simon Phipps – There Is a Whole New Landscape Emerging

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Michael Waitze worked in Global Finance for more than 20 years, employed by firms like Citigroup, Morgan Stanley and Goldman Sachs, primarily in Tokyo.  Michael lived and worked in Tokyo from February 1990 until December 2011.  Michael always maintained a particular focus on how technology could be used to make businesses more efficient and to drive P/L growth. Michael is a leader in the digital media space, building one of the biggest and fastest-growing podcast listener bases in the region.  His AsiaTechPodcast.com show has listeners in more than 130 countries and his company, Michael Waitze Media produces some of Asia’s most popular podcasts.

Guest
Hugh Terry

Hugh Terry, the founder of The Digital Insurer, is an experienced insurance professional with more than 30 years’ experience in the insurance industry covering insurance companies, business consulting as well as successful set-up and exit from his own businesses. Hugh is an actuary by profession. The Digital Insurer is the world’s largest knowledgebase and online community of more than 40,000 professionals who share a common purpose of working together to accelerate the digital transformation of insurance. The TDI Academy launched in 2020 is dedicated to providing best in class learning and development on digital insurance to help as many people as possible be part of our digital future.

Guest
Simon Phipps

Simon Phipps, Founder of The Digital Insurer, has over 30 years experience across Life, GI and Asset Management businesses within insurers, consulting firms and start-ups. He started his career in intermediated distribution. Previously Aviva MD & KPMG lead partner for Insurance Advisory & Digital Innovation in HK. The Digital Insurer is the world’s largest knowledgebase and online community of more than 40,000 professionals who share a common purpose of working together to accelerate the digital transformation of insurance. The TDI Academy, launched in 2020, is dedicated to providing best in class learning and development on digital insurance to help as many people as possible be part of our digital future.

Hugh was still in the UK after attending InsurTech Insights’ conference in London and gave the lay of the land that included a huge focus on embedded insurance. While embedded insurance is not a new idea, technology is making it a lot easier to implement in a way that is even more contextual and relevant.

One can not get through the Insurance and InsurTech landscape in March without mentioning Bolttech…twice. Bolttech announced a partnership in the Philippines with PayMay in which they launched Buyer Protect, an online shopping protection product.

Bolttech also made a strategic investment into Sherpa as part of a collaboration to expand Sherpa Score internationally.

Swiss Re and dacadoo announced a partnership to help SwissRe enhance its MyWellLife product offering, incorporating lifestyle factors to help give a more holistic view for risk assessment purposes.

We noted that NTUC Income announced that they are now a corporate partner of Plug and Play’s InsurTech program in Asia Pacific. We discussed the ‘outsourcing of innovation’ as a positive sign for the ecosystem as a whole and a potentially big benefit for end-users.

We also noted that EaseMyTrip and Toffee Insurance announced a partnership as travel begins to come back globally.

Don’t forget about TDI’s “World Digital Insurance Awards“…which has a slightly extended deadline for entry and voting.

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