Asia InsurTech Podcast

22/01/2024

"The impact of flooding goes well beyond just the financial side, to be flooded is a devastating experience." - Dr Avi Baruch

The Asia InsurTech Podcasts welcomed Avi Baruch who shared his insights on the important global issue of flooding, emphasizing its far-reaching impacts beyond just financial loss.

He described how his journey from academia to entrepreneurship led to the development of innovative flood forecasting technology at Previsico.

This technology, born from his team’s research at Loughborough University, aims to minimize the impact of flooding worldwide by providing early warnings and enabling preventative actions.

The Asia InsurTech Podcast recently spoke with Dr. Avi Baruch, a co-Founder and COO of Previsico. Avi shared his insights on the important global issue of flooding, emphasizing its far-reaching impacts beyond just financial loss. He described how his journey from academia to entrepreneurship led to....

09/01/2024

Shaun Quincey, co-founder and CEO of Simfuni, is a self-proclaimed “payments geek” who has dedicated his career to building elegant payment experiences. His initial experience in payments led him to start a successful buy now, pay later business, which was later sold to Latitude in 2019.

Driven by a desire to continue to innovate in the payment space, Quincey co-founded Simfuni, aiming to revolutionize the payment experience in the insurance industry. Simfuni’s goal is to digitize payment processes, making them more efficient and user-friendly for both consumers and internal stakeholders. This involves understanding customers’ payment preferences, offering flexible payment options, and integrating payment systems with industry-specific software to improve the overall experience.

Shaun Quincey, co-founder and CEO of Simfuni, is a self-proclaimed “payments geek” who has dedicated his career to building elegant payment experiences. His initial experience in payments led him to start a successful buy now, pay later business, which was later sold to Latitude in 2019. Driven ...

22/06/2023

Asia InsurTech Podcast had an amazing conversation with Jonathan Rake from Swiss Re Corporate Solutions.

Check out this short snippet before the full episode is released this coming Monday.

07/03/2023

spoke with Arvind Swami, a Director of APAC at Red Hat, about the importance of and the many opportunities advanced unlock.

While data analytics is not a new topic, especially for the , how leading organizations use it has shifted to enable hyper-personalization in response to a dramatic change in customer expectations.

Arvind talks about how organizations can use data to identify customer DNA and create hyper-personalized products and services. He covers the challenges involved including compliance, regulation, data privacy, and security and explains how to handle the data so it can be used to generate true insights.

Arvind believes the amount of data traditional insurers have collected gives them a strong competitive advantage over newly launched InsurTechs.



Listen here --->

We spoke with Arvind Swami, a director of FSI APAC at Red Hat, about the importance of data and opportunities advanced data analytics unlock.

28/02/2023

We Want Healthier Indonesians

enjoyed having Evan Tanotogono, a co-Founder and the CEO of Rey.id back on the show.

Some of the topics Evan covered included:

- The integration of curative and preventive health care with its financing
- Changing people’s habits and starting with hydration
- Behavioral economics and the power of rewards
- Optimizing clinical pathways
-The importance of primary care and where telehealth fits in
- Member centricity versus policy centricity

Some other titles we considered for this episode:

1) What Problems Do We Solve?
2) I Am Just Going to Click It Nine Times
3) Habits are Buildable



https://bit.ly/3IZAt72

Asia InsurTech Podcast enjoyed having Evan Tanotogono, a co-Founder and the CEO of Rey back on the show. Some of the topics Evan covered included: Please read the best efforts transcript below: Michael Waitze 0:10Hi, this is Michael Waitze. And welcome back the Asia InsurTech Podcast. Today we are j...

30/12/2021

2021 has been another record year in InsurTech. According to Willis Towers Watson’s Quarterly InsurTech Briefing – October 2021, InsurTech investments in 2021 could reach the entirety of 2018 and 2019 added together.

But InsurTech is no longer just about startups. The Asia InsurTech Podcast has closely followed the trend of insurance incumbents partnering with startups as a means to accelerate digital transformation. Over the past year, we have spoken to many amazing industry leaders in order to understand how technology is reshaping the insurance industry and what the future of insurance might look like. Having those meaningful conversations was not only a lot of fun but we also learned a ton. We hope you did too.

Wrapping up 2021, we have ranked the top episodes of the year. To ensure episodes published later in the year didn’t have a disadvantage, we looked at the number of listeners of an episode in its first 7 days after publishing. This allowed us to include all episodes published between January 4th and December 13th, 2021.

Find out who our top 10 episodes are and where our listeners are coming from in our top 10 countries ranking.

https://bit.ly/3EqgjNI

As 2021 comes to an end, the Asia InsurTech Podcast reveals the top ten episodes of the year as well as the top 10 countries.

06/12/2021

We spoke with Rob Schimek, the Group CEO at InsurTech unicorn bolttech, about the power of embedded insurance and how bolttech is aiming to be the rails that the insurance industry builds itself on.

Listen on iTunes 👉 https://bit.ly/2vERzAi and Spotify 👉 https://bit.ly/2qQ8aSN



https://bit.ly/3lCqVTf

We spoke to bolttech's group CEO about embedded insurance and to power of enabeling the customer to get a yes answer.

04/10/2021

We spoke with Roopa Malhotra, the head of digital APAC at Chubb Insurance, about embedded insurance and how to build an innovation cultur that embraces digital.

Find the episode here: https://bit.ly/2YnRuD5

Make sure to join Roopa’s keynote panel at the much-anticipated FinTech Connect Asia (5-7 October, SGT): ‘Digital led business models in Insurance – How are start-ups and incumbents innovating and re-imagining the Insurance business?'

Register now to attend: https://lnkd.in/dTywYbX8



https://bit.ly/2YnRuD5

We spoke with Roopa Malhotra, the head of digital at Chubb, about embedded insurance and how to build a cultur that embraces digital.

30/08/2021

We spoke with Benny Fajarai, a co-founder and CMO at Lifepal, about their latest funding round and how the company is leveraging social media to increase financial literacy in Indonesia and increase insurance pe*******on.

We spoke with Benny Fajarai from Lifepal about how to leverage social media to increase financial literacy and insurance pe*******on.

16/08/2021

We spoke with Jonas Piela, the host of the Digital Insurance Podcast in Germany. Since April 2020 Jonas has published podcasts around digital transformation and speaks with C-level executives in the German insurance market.

Michael Waitze and Theresa Blissing took the opportunity to discuss with Jonas the differences between a mature, European market compared to Emerging Asia. The three discuss trends including blockchain technology, ecosystems, and embedded insurance.

Listen to the episode now👉:https://bit.ly/3siLrdP

The Asia InsurTech Podcast spoke with Jonas Piela, the host of the Digital Insurance Podcast in Germany. Since April 2020 Jonas has published podcasts around digital transformation and speaks with C-level executives in the German insurance market.  Michael Waitze and Theresa Blissing took the oppor...

02/08/2021

We spoke with Romil Turakhia, Head of Markets at Azentio Software and former co-founder at Candela Labs, about the cloud revolution in insurance and the new freedom insurers will experience with SaaS for cloud.

Romil shares how he and his team are planning to democratize technology for all insurance players and enable larger and smaller insurers to quickly and efficiently move to the cloud without the hassle of running and maintaining the tech in-house. With cloudflow, everything will be hosted in the cloud with best-of-breed technology and all of the processes and local regulatory frameworks for insurance already configured. In addition, a brand new marketplace will be created allowing 3rd party plug-in developers to offer their services.

Go check out cloudflow.insure and just try for 30 days.

https://bit.ly/3jh4ZLz

The Asia InsurTech Podcast spoke with Romil Turakhia, Head of Markets at Azentio Software and former co-founder at Candela Labs, about the cloud revolution in insurance and the new freedom insurers will experience with SaaS for cloud. Romil shares how he and his team are planning to democratize tech...

12/07/2021

We spoke with Dominique Roudaut, Head of Asia InsurTech Partnership and Innovation Solutions at Hannover Re, about the major trends in InsurTech, namely embedded insurance. Listen here: https://bit.ly/2T3WvOC

The Asia InsurTech Podcast spoke with Dominique Roudaut, Head of Asia InsurTech Partnership and Innovation Solutions at HannoverRe, about the major trends in InsurTech, namely embedded insurance, parametric insurance, and becoming a risk partner. Find the transcript of our conversation below:  Mich...

05/07/2021

Michael I. Waitze was catching up with Amarit Franssen, a co-founder of Thai InsurTech AppMan to talk about the impact of Covid, the future of motor insurance, and Appman’s latest funding round.

The Asia InsurTech Podcast was catching up with Amarit Franssen, a co-founder of Thai InsurTech Appman to talk about the impact of Covid, the future of motor insurance, and Appman’s latest funding round. Find the full transcript of our conversation below:  Michael Waitze   Hi, this is Michael W...

07/06/2021

The Asia InsurTech Podcast spoke with Russell Higginbotham, the CEO of Reinsurance Asia at Swiss Re about changing consumer behavior, the latest consumer trends and the new role of insurance.

https://bit.ly/2TNxZBt

18/05/2021

The spoke with Rahul Nawab, Practice Leader – Insurance Analytics at EXL about data analytics, digital transformation, and how InsurTech is impacting the insurance industry as a whole.



https://bit.ly/3uTpWAt

The Asia InsurTech Podcast spoke with Rahul Nawab, Practice Leader – Insurance Analytics at EXL about data analytics, digital transformation and how InsurTech is impacting the insurance industry as a whole.  Michael Waitze   Is that working? Okay, we’re on. Hi, this is Michael Waitze, and welc...

12/04/2021

Sherry Du, Managing Director of RGAX APAC, recently joined Asia InsurTech podcast for an informative conversation on:

- Using new data streams to drive better products and services

- Closing the coverage gap with personalization

- The importance of customer engagement and education

- COVID’s impact on the speed of Digital Transformation in the life insurance industry



Throughout the conversation, we also learned about the important role startup companies play in RGAX’s ecosystem. Listen to the full podcast here: https://bit.ly/3dVz3cP

Asia InsurTech Podcast had the pleasure of speaking with Sherry Du, a Managing Director of RGAX APAC at Reinsurance Group of America in Hong Kong. We had a great conversation during which we discussed: How access to new data streams can provide better products and services Sherry’s extensive exper...

06/04/2021

CIO vs Chief Digital Officer - Do Companies (or any companies) Really Need Both?

Listen to this incredible round table discussion with Romil Turakhia, Rohit Nambiar, and Reid Bailey hosted by the Asia InsurTech Podcast.

One of my favorite phrases from this conversation was, "Do we need a Chief Electricity Officer?"



https://bit.ly/3mvCaMF

We had a dynamic conversation about how insurers can connect the dots between legacy enterprise systems and emerging digital solutions.

05/04/2021

We had a roundtable discussion with Romil Turakhia, an Executive Director of Innovation at Candela Labs, Rohit Nambiar, the Group Chief Executive Officer at Tune Protect Group, and Reid Bailey, the Transformation Director at Bupa in Hong Kong.

We had a dynamic conversation about how insurers can connect the dots between legacy enterprise systems and emerging digital solutions and build an insurer for the digital world.

Listen on iTunes 👉 https://bit.ly/2vERzAi and Spotify 👉 https://bit.ly/2qQ8aSN

Or on our website: https://bit.ly/3mvCaMF

The Asia IsnurTech Podcast had a roundtable discussion with Romil Turakhia, an Executive Director of Innovation at Candela Labs, Rohit Nambiar, the Group Chief Executive Officer at Tune Protect, and Reid Bailey, the Transformation Director at Bupa. We had a dynamic conversation about how insurers ca...

23/03/2021

The spoke with Rohit Nambiar, the group Chief Executive Officer at Tune Protect Group about what it takes to be an innovator and what role technology plays.



http://bit.ly/3vNTC32

We spoke with Rohit Nambiar, the group CEO at Tune Protecy Group about what it takes to be an innovator and what role technology plays.

22/03/2021

We spoke with Rohit Nambiar, the group Chief Executive Officer at Tune Protect Group about what it takes to be an innovator and what role technology plays.

Listen to the episode here: http://bit.ly/3vNTC32

10/03/2021

We spoke with Arsh Maini about transforming and reimagining insurance.

Find the full episode here: https://bit.ly/3bueT8E

Michael Waitze

08/03/2021

Happy International Women's Day!

We are super excited to have power woman Kanpassorn Eix on the show for and talk about another important topic, mental health.

Kanpassorn Eix is an army dentist turned tech entrepreneur. She is the CEO and co-founder of ooca - Telemedica Co., Ltd, the anonymous video-call platform to help people go through stigma and help connect with psychiatrists and psychologists through online video call- it’s the first telemedicine that focuses on mental wellness app for people in Thailand. With more than 90,000 users on the platform and numerous corporate clients with 172,584 users as customers; OOCA signed an MOU with the Ministry of Public Health, Department of Mental health through the Wall of Sharing Project to provide free counseling service for university students around Thailand. She was awarded as one of 100 most inspiring and influential women from around the world for 2018 as one of BBC100 women.

Find the episode here: http://bit.ly/2OxH3HM

We spoke with the CEO and co-founder of OOCA, the anonymous video-call platform to help people go through mental health issues.

01/03/2021

We spoke with Steven Tannason, a co-founder of Amanco.id about what we can learn from social media platforms like TikTok for InsurTech and how Amanco.id is planning to change employee benefits in Indonesia.

Listen to the episode here: http://bit.ly/3uJPVL2

The Asia InsurTech Podcast spoke with Steve Tannason, a co-founder of Amanco.id about what we can learn from social media platforms like TikTok for InsurTech and how Amanco.id is planning to change employee benefits in Indonesia.   See the full transcript below: Michael Waitze 0:00Okay, we’re on...

25/02/2021

A few weeks back we spoke with John Brisco, co-founder and CEO of Coherent.

Find the full episode here: https://bit.ly/381Nn0n

22/02/2021

We spoke with Arsh Maini, the Chief Executive Officer of Candela Labs about the wave of Digital Transformation in the Insurance Industry and the fact that it is definitively here to stay. We discussed how data helps drive micro-targeted and personalized products and the impact that the move to cloud computing will have on the industry and Candela Labs. Finally, we discussed Candela Labs’ growth last year and what is likely to move the industry forward this year.

Listen to the episode here: http://bit.ly/3bueT8E

We spoke with Arsh Maini, CEO of Candela Labs about the wave of Digital Transformation and data analytics in the Insurance Industry.

15/02/2021

We spoke with Yannick Even, Global Analytics Business Partner at Swiss Re, about the use of data in (re)insurance. Data has the power to transform insurance as we know it and enable insurers to offer better, more personalized products and help close the protection gap. Yannick shares how data allows insurers to cover new risks, such as type II diabetes. and enable better service to customers.

"Insurers have worked hard in the last five years to digitalize the entire value chain and processes. They have now access to much more touchpoints, digitally, and also, offline, with their customers throughout these processes. And they can collect throughout all of these touch points, where things goes wrong."

Listen to the episode on iTunes 👉 https://bit.ly/2vERzAi and Spotify 👉 https://bit.ly/2qQ8aSN

We spoke with Yannick Even, Global Analytics Business Partner at Swiss Re, about the use of data in (re)insurance.

18/01/2021

We spoke with Samdarshi Sumit, the President Director, and CEO at PFI Mega Life in Indonesia. Samdarshi shares how life insurance has changed due to the global outbreak of Covid-19 and how digital transformation has accelerated. When it comes to transformation in general, some of the biggest challenges are changing behavior, mindset, and culture.

The pandemic has forced agents to adopt new ways of selling insurance. While investment-linked products have traditionally been sold face-to-face, they are now sold virtually using video calls. The advantage compared to traditional sales channels, virtual meetings make it easier to add subject matter experts to a conversation if needed which lifts the quality of advice making sales conversations more powerful and dynamic.

Samdarshi shares his views on platforms and their importance for distribution and reaching new customer segments offering micro and bite-size insurance solutions. While micro-insurance is often targeted at low-income groups, bite-size insurance products are designed for any income group, solving a specific need.

Listen to the epsidoe here: https://bit.ly/2XPC6vw

Asia InsurTech Podcast spoke with Samdarshi Sumit, the President Director, and CEO at PFI Mega Life in Indonesia. Samdarshi shares how life insurance has changed due to the global outbreak of Covid-19 and how digital transformation has accelerated. When it comes to transformation in general, some of...

23/11/2020

We talked to Andy Ann, co-founder of YAS Insurtech. In the past decade, Andy has worked on digitisation with a range of different industries and understood the need of the insurance industry to change. Insurers are lagging behind when it comes to personalised products and the use of technology. With YAS Andy aims to develop a regional insurtech venture and microinsurance marketplace.

In Hong Kong, YAS is currently working with four insurers and is holding an insurance broker license. Outside of Hong Kong, the startup is offering their technology solutions, including API’s, GPS tracker and Blockchain. With these three components, YAS aims to build a micro-insurance marketplace operating similar to an app store with open APIs ready to plug and play on-demand insurance solutions. For example: YAS will use location-based technology to map out all hiking trails. If the customer decides to use the auto-on feature within the app, the insurance coverage will automatically turn ON when the user is on the trail and turn OFF when the user leaves the trail.

Listen to the episode here: https://bit.ly/3389WyL

We talked to Andy Ann, founder of hk-based YAS which uses API, GPS and Blockchain to make micro-insurance more accessible and scalable.

09/11/2020

We spoke to Victor Roy, the Founder of Bindcover. The inspiration for BindCover was built out his own experience. Victor did the job of a broker, which he describes in simplified terms as going to see his clients face to face, understanding their coverage needs and after reaching an agreement, he then goes and does a placement. For his corporate clients, a typical quotation can not be made off-the-shelf because every situation has its own nuances and is unique. This process requires a lot of manual documentation, particularly if the risk is split amongst multiple underwriters. Victor was convinced the manual processes and the multiple pain-points could be solved with technology and make this placement process more efficient and less costly.

Victor discussed the impact of COVID-19 on the broker business and he noted that he and his team were trying to implement video meetings over a year ago and got a lot of pushback. COVID-19 has obviously changed that dramatically, with the use of Zoom and other virtual meeting tools.

We talked to Victor Roy, founder of BindCover, about how technology can make the broker business more efficient and less costly.

26/10/2020

We spoke to Ashish Kenath, the Regional Lead of Digital Ecosystems at Prudential. Ashish has 15 years of experience in the insurance industry including a posting in the US where he worked for Aetna in Hartford, CT. He received his MBA in HK and then joined Prudential.

Insurance pe*******on still remains problematic in Asia and we asked Ashish what types of things needed to change, besides the distribution mechanisms to attack this issue. Bite-size products is one thing for sure, but more importantly, overall product innovation that simplifies the policy terms and makes it easier for clients to understand the products they are buying. On top of that, it is also necessary to raise awareness of insurance products in general.

Trust and engagement also matter. As it stands now, most insurance clients feel like there is a sales process, a policy purchase and a claims process and nothing in between. Insurance companies are trying to build engagement with their clients to close that gap and also hope that that leads to higher pe*******on numbers through increased trust.

Listen on iTunes 👉 https://bit.ly/2vERzAi and Spotify 👉 https://bit.ly/2qQ8aSN

What Happens To an Insurance Company As It Goes Through Digital Transformation?