We attended the 20th Asia Conference on Bancassurance and Alternative Distribution Channels organized by Asia Insurance Review at the Millenium Hilton in Bangkok. We sat down with conference speakers Zao Wu, Analyst at Celent, a division of Oliver Wyman, Koby Karp, the Executive Director Decision Science at RGAX APAC and conference chairman William Malek, Senior Executive Director for Leadership and Innovation at SEAC.
Get a glimpse into the conference topics and listen to an energetic discussion on how InsurTech platforms and artificial intelligence are impacting insurance distribution. Will new InsurTech players like GRAB succeed as a new distribution channel? What lessons can be learned from Alibaba entering the insurance industry in China or the distribution model of e-commerce giant PinDuoDuo.
The panel discusses how insurers can target customers more effectively using insight from data analytics and debate about hard limits, as well as regulatory and ethical boundaries. The discussion gets highly controversial and experts give their personal opinion on the future of data sharing and the Consumer to Business trend.