In this episode, AIP founder Theresa Blissing recorded at Insurance Innovators Indonesia in Jakarta. She is joined by Tom Duncan, the head of insurance at Grab, Mike Eksteen, the VP of Digital at Chubb Asia Pacific and Hendra Tan, the President Director (CEO) at PT. OneConnect Financial Technology Indonesia.
The panel is discussing the importance of partnerships and ecosystems. Chubb has a strong partnership with Grab in Southeast Asia. While all agree that partnerships with ecosystem players and startups can mean massive opportunities and access to new customers, they also bring lots of challenges for legacy insurers.
Pak Hendra gives insights into PingAn’s partnership and ecosystem strategy. In their home country, PingAn has built a large and very successful ecosystem with AutoHome and Good Doctor. Internationally, their Global Voyager Fund is investing in startups around the globe and via OneConnect they offer their tech solutions to insurers and banks in Southeast Asia.