Ep 05 – Zao Wu, Koby Karp, William Malek – Asia Insurance Review – How Will InsurTechs Disrupt Distribution

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Michael Waitze has been podcasting with some of the best investors and business builders globally and discussing all things startup with them from an Asian perspective. Michael worked in Global Finance for more than 20 years, employed by firms like Citigroup, Morgan Stanley, and Goldman Sachs, primarily in Tokyo. Michael always maintained a particular focus on how technology could be used successfully to make businesses more efficient and to drive P/L growth. Michael is quite skilled at connecting people and capital to innovative ideas and is a trusted advisor to both investors and founders. Michael is a leader in the digital media space, having pioneered the concept of a podcast network in Asia while building the biggest and fastest-growing listener base in the region. His flagship website, AsiaTechPodcast.com, has listeners in over 100 countries and is available on virtually every podcast player that supports RSS feeds.

Guest
Koby Karp

Koby managing Data & Analytics engagements in Asia. Before joining RGAX he was leading Data Science teams and developing initiatives at AXA, Swiss Life and CXA Group.

This episode is brought to you by:

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.

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