EY's Yen and Connolly: Expensive Tech Doesn't Automatically Solve Business Challenges

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Sophia Yen and David Connolly, partners, EY, said insurers should take a deliberate approach to digital change, starting with identifying fundamental business needs.

 

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

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.
 

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.

 

Startupbootcamp InsurTech's VanderLinden: More Startups Targeting Life, Health, Annuity

Sabine VanderLinden, CEO, Startupbootcamp InsurTech, said most of the startups she's seeing currently are designed to collaborate with large enterprises, rather than build stand-alone operations.
 

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.