As you probably already know, I’ve created InsurTechAsia as a vehicle to drive positive impact through the much needed changes in insurance. Focused on Asia as its the region that I’ve been immersed throughout my corporate insurance career. I fell in love with its diversity, vibrancy and people. Now I’m on a quest to help fix insurance here! Over the last year I’ve been travelling extensively across Asia as part of the activities to build foundation for the InsurTech ecosystem in the region. Among others, I’ve visited and spend time in Singapore, Malaysia, Indonesia, Vietnam, Thailand, Philippines, and Hong Kong,…
Author: George Kesselman
I’m excited to share with you an outcome of past few months of effort. Its a compilation of all things Insurance-Tech (InsurTech) in Singapore with an aim at proving an extra transparency and boost the collaboration between Startups and Insurance Corporates. As always, appreciate your help in spreading the word by liking and sharing this post! INSURTECH IS COMING… AND SINGAPORE IS AT THE HEART OF IT 2016 has seen an explosion of interest in Insurance-Tech (InsurTech) globally and its not showing any sign of slowing down, unlike its much better known FinTech cousin. The world is waking up to…
Imagine a time when oil lamps dimly lit up streets. If you had a privilege of having one of those contraptions outside your home, you would be forgiven for not feeling overly joyous, majority of the time. While it certainly had a purpose, it was difficult to service and oil had a nasty tendency to catch fire during transport. Moreover, it needed someone to light it up and put it out on a daily basis, apart from regular cleaning. At that time, while manufacturers were coming up with ever better and safer oil lamps, it remained a relative rarity…
What is the best way to drive innovation in insurance? In the last post, we’ve scratched the surface around the various corporate innovation models that exist in insurance industry. In the nutshell, the conclusion that we’ve arrived at is that collaboration with startups is the secret sauce for most innovative corporates. Furthermore, a combination of innovation models is needed to achieve the maximum impact. In this post, we’ll cover five practical innovation enablers: – Have a mission that matters = Make risk transfer as easy as taking an Uber – Be transparent, share and contribute back = InsurTechAsia Community -…