Ep 15 – Dr Woody Mo, Trevor Lok, Nicolas Faquet, and David Henderson- Asia Insurance Review Roundtable II – Insurance Fundamentally Is About Having Randomness


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.

Woody Mo

2000 to now, eBaoTech 1995 to 2000, McKinsey & Co 1991 to 1995, IBM T.J. Watson Research Center

David has more than 20 years of expertise across Asia, Europe and Australia. David let the roll out the largest Telematics program in Australia with Intelematics Australia. He found DRVR in 2015 and has led it winning numerous awards and customers across 6 countries.

Essec MBA, Actuary, 25 years of insurance experience in Asia and Europe, mainly in Motor and Health insurance, with AXA Singapore, AXA France, AIG Europe. A founding member of DirectAsia in 2009 as Group COO in charge of product, pricing, claims, call center, reinsurance and Hong Kong CEO. Sold DirectAsia to Hiscox for 55MUSD in March 2014. Started Roojai in December 2014.

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At the 7th Asia Motor Insurance and Claims Management Conference organized by Asia Insurance Review, we recorded a podcast roundtable with conference speakers Trevor Lok, CEO – Merimen Group, Dr. Woody Mo, President and CEO – eBaoTech Corporation, Nicolas Faquet, CEO and Founder – Roojai.com and David Henderson, Co-Founder & CEO – DRVR

The experts gave us insight into trends in motor insurance with a focus on emerging Asia as well as Singapore and China as game-changers. What implication has the rise of ride-hailing services in terms of product creation but also as a distribution channel and even as a threat of becoming a competitor when entering the underwriting space? 

The panel is discussing the digitization of the entire motor insurance value chain including trends like digital distribution as well as the adoption of new technologies such as Blockchain, Telematics, and Vehicle-to-Vehicle-Communication. Is Asia ready for usage-based and peer-to-peer insurance (UBI) and what are the regulatory constraints?

Other companies we mentioned in this episode: Grab, DirectAsia, FairDee, CarPool, General Insurance Association Of Singapore (GIA), Zhong An, Ping An, Ant Financial, Alibaba, Trust Mutual Life

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