Munich Re at
InsureTech Connect Asia 2023

Revolutionising the future of underwriting
30th May to 1st June

Sands Expo & Convention Centre

Introducing Next Generation AI-Augmented Underwriting

In today's insurance landscape, providing a seamless, personalised, and digitally-enabled customer experience is paramount for meeting customer needs and ultimately sales. Traditional underwriting processes however can be inconvenient, time-consuming, and intrusive, deterring customers and impeding sales.

Additionally, insurers are exposed to costly non-disclosure or fraudulent behaviour. Munich Re's artificial intelligence (AI)-augmented underwriting solution is designed to address these challenges.
To do so, we combine deep domain knowledge, responsible AI, data, modern technology, and risk acceptance to significantly improve the customer experience, operational efficiency, risk selection, and ultimately sales and profitability for life and health insurers.

Read our whitepaper and datasheet to discover the potential of Next Generation AI-Augmented Underwriting

Download now

Transform your customer experience, efficiency, and distribution while managing risk and technology complexity

Munich Re’s next generation AI-augmented underwriting solution offers point-of-sale risk assessment that improves automation (instant decisioning, higher STP), streamlining (of application forms, medical requirements, etc.) and customer triaging to improve the customer experience and reduce underwriting costs while also quantifying and managing the risks posed to insurers’ future claims from AI model errors.

It is the first AI-augmented solution that brings insurers the best of underwriting engines, data, AI, and other technologies.

Munich Re Participation at ITCA 2023

31 May, Wednesday

Session 1 : 1:30pm - 2:00pm: Reaching Towards the Future of Underwriting

Panellists:

Nadia Suttikulpanich, Head of Fuchsia Innovation Centre - Muang Thai Life Assurance
Vincent Shi, Head of Greater China and SEA - Remark
Saswat Das, AVP, Head of Asia Underwriting and Claims Practices - Manulife
James Tait, CEO - UnderwriteMe
Tobias Frenz, CEO Munich Re Singapore Branch and
Head of Digital Solutions Life & Health, Asia Pacific Middle East & Africa at Munich Re (Group)

Session 2 : 2:00pm - 2:20pm: Next-generation Underwriting powered by AI, Data and Technology

Joint Presentation Session

Session 3: 2:20pm - 2:50pm: Next-generation Underwriting: Perspectives from the Life Insurance Industry

Panellists:

Lee Sarkin, Chief Analytics Officer, Asia-Pacific, Middle East and Africa (Life & Health) – Munich Re
Ryan Gaughan, Senior Data Scientist, Asia-Pacific, Middle East and Africa (Life & Health) – Munich Re
Dr Zhao Jingyuan, Group Chief Data Officer - Great Eastern
Dr Saswat Das, AVP, Head of Asia Underwriting and Claims Practices – Manulife