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Podcast: CXOInsights by CXOCIETY
Episode: PodChats for FutureCIO: Innovations transforming insurance in Asia
Description: It is said that modern insurance can trace its roots at the Greater Fire of London in 1666, and the first accident insurance became available in the late 19th century. But as they say… that is ancient history.These days, the insurance industry is under siege not by customer looking to buy insurance but by outsiders taking the business and with that – its clients.In a nutshell, the insurance industry is discovering what banks have learned years ago, digital technology is empowering non-traditional insurers to capture marketshare and potentially make insurers obsolete at their own game.