Winning Strategies in Life Insurance New Business

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24 July 2014

Winning Strategies in Life Insurance New Business

Munich Re held business briefings about automated underwriting in Singapore and Jakarta.

Munich Re Automation Solutions Ltd, a provider of new business and automated underwriting solutions to the life insurance industry, held briefing events in Singapore and Jakarta in late May, on how to transform new business underwriting to create long-term sustainable growth for life insurers.

 

The events were hosted by Munich Re’s newly appointed Senior Vice President for Asia Pacific Ex. Japan, Raphael P Young who made the welcome address and chaired the panel discussions. The invited insurers included ACE, AIA, Aviva, Cigna, FWD, Great Eastern, HSBC, SunLife,Tokio Marine, Transamerica and others. The audience represented a good balance of executives from different parts of the value chain in marketing, distribution, underwriting, customer service, operations and IT.

Speakers From left to right: Raphael P. Young & Rakesh Kaul (Munich Re Automation Solutions), Cyrus Daruwala (IDC Financial Services), Eoin de Burca (Asteron Life), Chan Keng Hong (Munich Re Singapore)

The event featured leading Australian Insurer ASTERON LIFE, who shared their experience of cutting sales times and costs while increasing revenue using underwriting automation.



Also featured was leading independent research firm, IDC Financial Insights, who shared their knowledge and expertise on the latest trends in innovation and technology for the industry.

 

To view the other presentations, please visit our VIMEO video channel

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