Willis Re's Johnston: Singapore, China Becoming Centers of Insurance Innovation

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Andrew Johnston, global head of insurtech, Willis Re, said insurers in China are not burdened with legacy IT systems, while insurers in Singapore are benefitting from a regulatory sandbox that encourages new approaches to insurance.

 

Legal & General America's Holweger: To Sell, Simplify and Seek Partnerships

Mark Holweger, president & chief executive officer, Legal & General America's insurance division, said insurers should focus on avoiding jargon, building trust through partnerships and engagement, and leverage advancing technology.

 

InsurTech Investor Panel: It's About Finding Pain Points, Trimming Fat

A panel of insurance investors and market researchers report that investing in insurtech firms has reached an inflection point as investors and insurers build out early ventures and look to new technologies and risk sectors.

 

Munich Re's Kuczinski: 'Not Any One Company Can Do Everything'

Anthony Kuczinski, chief executive officer, Munich Reinsurance America, said insurers at times must put aside their industry competitiveness and explore partnerships and collaboration with companies that have advanced capabilities.

 

New York Life Ventures' Albarella: Look Beyond Insurtech for the Future of Life Insurance

Joel Albarella, senior vice president and head of New York Life Ventures, said he's focused on "lifetech," an ecosystem of enabling and adjacent technologies that address the specific challenges of life insurers.