LAUNCHING A NEW INSURER IN A NEW MARKET:
|
|
- Homer Sutton
- 5 years ago
- Views:
Transcription
1 LAUNCHING A NEW INSURER IN A NEW MARKET: IMPLEMENTATION INSIGHTS Bruce Sahd 7 th Insurance Distribution & Insurtech Conference, 1 September 2017, Cape Town
2 CASEJOHNSON IS AN INNOVATION PARTNER How we help o Strategy & Implementation o 3P approach Plan, Pilot, Profit What we specialise in o 3D strategies - Data, Direct, Digital o Emerging markets - Africa & ME Where we have worked o SA, Ghana, Nigeria o UAE, Lebanon o India, Sri Lanka
3 text Setting the scene.. Are insurers good innovators?
4 INSURERS ARE USING PARTNERS TO INNOVATE KPMG s global survey* notes that almost seven-in-ten respondents say that they believe partnerships, not in-house efforts, will characterize the future of innovation for their organization. Fiftynine percent of respondents say they already work with external advisors and consultants to drive innovation. too many in the insurance world are focused on operational innovation rather than strategic growth-oriented innovation The potent combination of data and digital is driving increased innovation within the sector Respondents from the Property & Casualty (P&C) sector reported being more focused on innovation-led growth than their Life & Health peers * Source:
5 DIGITAL INSURANCE IS STILL IN EARLY DAYS EY in their digital insurance survey* notes that Insurers ambitions are high, but are constrained by digital capabilities and by traditional culture Insurers want more direct control and better customer experience, but are faced with channel conflict Data analytics is critical to future digital success * Source: EY "Insurance in a digital world: the time is now"
6 EXISTING TEAM IS OFTEN LEAST PREFERRED Source: The Digital Insurer, Poll 2015
7 text CASE STUDIES: 1- Launching a new STRATEGY which is very different from 2- Launching a new INSURER
8 text Case Study No. 1 Launching a new STRATEGY
9 C A S E S T U D Y 1 LAUNCHING A NEW STRATEGY First ever tele-bancassurance project in Ghana launched in early 2017 Responsible to plan strategy and steer implementation of the pilot campaign Selling a simple life product to bank customers over the phone Regulators approved electronic signature but with strict conditions Outsourced sales to a local contact centre
10 C A S E S T U D Y 1 LAUNCHING A NEW STRATEGY Local experience was lacking Learning curves were steep Tactical interventions were needed! Target was achieved!
11 W H Y SUCH INNOVAT ION PROJECTS OFTEN FAIL In my experience, failure is because of Vision: Not a clear enough vision nor commitment to see it though Strategy: Launched on the wrong strategy Structure: Run by existing team not by a separate accountable business unit Priority: Under-prioritised and derailed by core business priorities Skills: Unable to secure the right specialist skills who ve done it before Urgency: Lack of urgency without clear goals and deadlines Planning: Badly planned, poorly budgeted, unrealistic timelines Risk management: Faces risks that were never identified in planning Resources: No devoted resources, focus & leadership
12 text Case Study No. 2 Launching a new INSURER
13 C A S E S T U D Y 2 LAUNCHING A NEW INSURER Doozy Insurance created in May 2017 First direct insurance brand in Lebanon (possibly ME) Lebanon is a small market but a leader in the ME region Quest Global is the key driver & manages operations Arope Insurance is brand owner, underwriter and key partner
14 C A S E S T U D Y 2 LAUNCHING A NEW INSURER
15 C A S E S T U D Y 2 LAUNCHING A NEW INSURER o planned the strategy o built the technology o designs the products o provides the call centre o administers the policies o operates the venture A DIRECT INSURANCE BUSINESS BY AROPE, OPERATED BY QUEST o owns the brand o underwrites the products o pays the claims o funds the venture
16 C A S E S T U D Y 2 LAUNCHING A NEW INSURER Started with Motor lines of insurance Market has a big gap between upper end & lower end New products were designed to fill the affordability gap Distribution strategy is also to target the better risks Aims to grow the market & take a share TP Compulsory Only (bodily) TP Liability (bodily & material) TPGR Guaranteed Recovery COLAR Collision All Risk CMP50 Comprehensive 50% adv bonus Comprehensive All Risk $ 65 $ 120 $ 200 $ 350 $ 600 $ k 600 k 300k 10% 5% 2% 5% 60k 30k 12k 15k = 117k sales = 1.2m total
17 C A S E S T U D Y 2 LAUNCHING A NEW INSURER LEAD SOURCING SALES CONVERSION data data data data data data data data data A 3-D strategy is underpinned by DATA, DIGITAL & DIRECT
18 C A S E S T U D Y 2 LAUNCHING A NEW INSURER Every insurer should have a data strategy first, and a digital strategy second, even if they don t necessarily have a direct strategy Over H. Eard
19 text Implementation Insights
20 Insight No. 1 Innovation is easy to talk about but difficult to do!
21 Insight No. 2 Data, Direct & Digital are implemented together we saw obvious synergies between the 3D s
22 Insight No. 3 Data is always at the core we launched with data-driven technology platforms
23 Insight No. 4 Direct delivers quickly we set up a small telesales team to bring in some early sales
24 Insight No. 5 Digital is a journey we started patiently using SEM & Facebook
25 Insight No. 6 Choose your partners carefully we sold the strategy to an insurer with vision & courage
26 Insight No. 7 Lean on an old brand to build a new one we leveraged our partners brand at every turn
27 Insight No. 8 Don t launch new ventures with old cultures we agreed on the need to operate separately from our partner
28 Insight No. 9 Navigate carefully around regulation we leaned heavily on our local insurance partner
29 Insight No. 10 Don t skimp on planning we involved the core team and wrote it all down
30 Insight No. 11 Manage every campaign as a project we used a strict project management approach to track & learn
31 Insight No. 12 The project manager rules we appointed one person to be the central driver
32 Insight No. 13 Be guided by specialist advisors we sourced a multinational panel of experts who d done it before
33 Insight No. 14 Embrace startup culture we hired a team that is comfortable with uncertainty
34 Insight No. 15 Piloting is about testing & learning only we kept reinforcing that making money is not the initial goal
35 Insight No. 16 Technology must remain a tool of strategy we didn't allow the techies to take over
36 Insight No. 17 Find a media agency that loves science we insisted on only buying media if ROI is measurable
37 Insight No. 18 Don t aggravate intermediaries we only point out that distribution economics will change
38 Insight No. 19 Make a splash with an innovative product we launched with a flagship product that had instant appeal
39 Insight No. 20 Reporting must be real-time we covered the walls with dashboard screens
40 text Thank You & Good Luck!
Data, Digital, Direct
Data, Digital, Direct Innovation insights in a face to face world Bruce Sahd Managing Director, CaseJohnson 6 th African Insurance Distribution & Bancassurance Conference, 12-13 October 2016, Johannesburg
More informationConference Summary Report: CIO
Conference Summary Report: CIO The theme of this year s Gartner Symposium/ITxpo was Focus. Connect. Lead. A nexus of four disruptive technologies social, mobile, cloud and information is revolutionizing
More informationDIVYA PILLAI, SUBJECT MATTER EXPERT, LIFE & HEALTHCARE INSURANCE THROUGH THE LENS OF AGILE SYSTEMS THINKING
DIVYA PILLAI, SUBJECT MATTER EXPERT, LIFE & HEALTHCARE INSURANCE THROUGH THE LENS OF AGILE SYSTEMS THINKING INSURANCE THROUGH THE LENS OF AGILE SYSTEMS THINKING DIVYA PILLAI, SUBJECT MATTER EXPERT, LIFE
More informationRemote Advice in Life Insurance: A New Route to the Customer
Remote Advice in Life Insurance: A New Route to the Customer Financial Services Practice Remote Advice in Life Insurance: A New Route to the Customer 1 Introduction Faced with slow growth, an aging agent
More informationSchemes spotlight 2016 First Edition
SCHEMES SPOTLIGHT 2016 Schemes spotlight 2016 First Edition The UK schemes market insight: An in-depth review of the schemes market Published by The number 1 UK brand for schemes 1 A foreword from UK General
More informationCASUALTY ACTUARIAL SOCIETY STRATEGIC PLAN
CASUALTY ACTUARIAL SOCIETY STRATEGIC PLAN Adopted August 7, 2017 Contents 1 Overview... 1 2 10- to 30-Year Planning Horizon: Core Ideology... 2 3 Envisioned Future... 4 4 5- to 10-Year Planning Horizon:
More informationBusiness Plan
Business Plan 2017-2019 Contents Executive Summary 3 Introduction 4 1. Market trends 5 2. Member survey 6 3. Strategy 2017-2019 9 Key Priorities 2017-2019 1. Professional 11 2. Research 12 3. Market Information
More informationALLFINANZ Digital New Business & Underwriting
Digital New Business & Underwriting Transform underwriting into a sales enabler and profit driver Life Group Health Disability www.munichre.com/automation-solutions Digital New Business and Underwriting
More informationSome lessons and observations from the Peer Review of the Bulgarian Research & Innovation System. Horizon 2020 Policy Support Facility
Some lessons and observations from the Peer Review of the Bulgarian Research & Innovation System. Horizon 2020 Policy Support Facility Karina Angelieva Ministry of Education and Science about the PSF,
More informationMutual & Federal rebranding to OLD MUTUAL INSURE
Mutual & Federal rebranding to OLD MUTUAL INSURE Rebranding was not a decision that we took lightly, as Mutual & Federal has been a proud name in the South African insurance industry for many decades.
More informationGet Smarter. Data Analytics in the Canadian Life Insurance Industry. Introduction. Highlights. Financial Services & Insurance White Paper
Get Smarter Data Analytics in the Canadian Life Industry Highlights Several key findings emerged from the SMA research: The primary focus for sophisticated analytics in L&A has traditionally been in the
More informationAXA. Nicolas Moreau Member of the AXA Management Committee Chairman & Chief Executive Officer of AXA France
AXA Nicolas Moreau Member of the AXA Management Committee Chairman & Chief Executive Officer of AXA France 14th edition of The Premium Review Société Générale Corporate & Investment Banking December 2,
More informationTHE TRANSFORMATION OF INSURANCE
Allianz Global Corporate & Specialty SE THE TRANSFORMATION OF INSURANCE Insurance Institute of Gauteng Broker Leadership Forum Michele Williams, Head of X S E 17th May 2018 THREE PREDICTIONS FOR THE FUTURE
More informationQ&A with Antonio Derossi & Mahendra Nambiar
JUNE 2018 V OL. 6 ISS U E 195 Q&A with Antonio Derossi & Mahendra Nambiar Co-Founders of Fair Insurer Principle Series: R E P O R T Please join Family Office Insights for this luncheon on Wednesday, June
More informationAXA. Jean-Laurent Granier. Chairman & CEO of AXA Global P&C CEO of the Mediterranean and Latin American Region Member of the Management Committee
AXA Jean-Laurent Granier Chairman & CEO of AXA Global P&C CEO of the Mediterranean and Latin American Region Member of the Management Committee March 27, 2014 Morgan Stanley European Financials Conference
More informationHow the C-suite view and use thought leadership
TODAY S AGENDA How the C-suite view and use thought leadership A survey of 210 senior executives (CEOs, FDs, HR Directors, CROs, CIOs, CTOs and Sales & Marketing Directors) at FTSE 350 firms What content
More informationPresented by: Kent Griffin, Chief Financial Officer, TAL Date: 7 September 2018
TAL and Australian Life Insurance Market Presented by: Kent Griffin, Chief Financial Officer, TAL Date: 7 September 2018 The life insurance market in Australia A$17.2b (1) in-force premium, distributed
More informationOUR SOLUTIONS. We Design Solutions to Simplify Insurance
OUR SOLUTIONS We Design Solutions to Simplify Insurance www.insurity.com 866.476.2606 Simplifying the Insurance Experience Our scalable, highly secure and reliable cloud-based solutions provide cost-efficiency,
More informationRunning Your Business for Growth
Accenture Insurance Running Your Business for Growth Could Your Operating Model Be Standing in the Way? 1 95 percent of senior executives are not certain their companies have the right operating model
More informationMarket Research Report
Bancassurance Market Research Report MARCH 2018 African e-development House, 604 Next to Austrian Embassy Limuru Road, P. O. Box 49475-00100, Nairobi Phone: 0704482677/0710319566 Email: info@insightwells.co.ke
More informationBROKER/DEALER SCORECARD YOUR GUIDE TO CHOOSING THE FIRM THAT S RIGHT FOR YOU FOR FINANCIAL PROFESSIONAL USE ONLY. NOT FOR USE WITH THE PUBLIC.
BROKER/DEALER SCORECARD YOUR GUIDE TO CHOOSING THE FIRM THAT S RIGHT FOR YOU FOR FINANCIAL PROFESSIONAL USE ONLY. NOT FOR USE WITH THE PUBLIC. JOINLPL.COM eciding to affiliate with a different broker/dealer
More informationInsurance 2020 & Beyond
Insurance 2020 & Beyond México November, 2015 By. Stephen T. O Hearn Leader of the Global Insurance Practice Transformación del Sector Asegurador, más allá de la Regulación Research assessed 32 distinct
More informationChairman Chen 1, distinguished guests, ladies and gentlemen. Good Morning.
13 th Annual Meeting & Conference of the Asian Forum of Insurance Regulators (AFIR) 7 June 2018 Welcome Remarks by Dr Moses Cheng Chairman of the Insurance Authority Chairman Chen 1, distinguished guests,
More informationData Driven Decision Making
Data Driven Decision Making Hatim Maskawala October 19, 2017 1 How many of you believe that investing in Social Media is the way forward And how many companies have kept this as part of their strategy
More informationInsurance Technology and Longevity Risk. Jennifer Li-Ling Wang Vice President of National Chenghgchi University Chairman of Fintech Research Center
Insurance Technology and Longevity Risk Jennifer Li-Ling Wang Vice President of National Chenghgchi University Chairman of Fintech Research Center The Impact of InsurTech WEF FinTech report in 2015 state
More informationInvestment Online Submission Declaration form
Submission Declaration Investment Online Submission Declaration form About this form Please use black ink and write in CAPITAL LETTERS or tick as appropriate. Any corrections must be initialled by the
More informationJUELMIN INSURANCE SERVICES
JUELMIN INSURANCE SERVICES Customised protection for the things that matter most. Motor Medical Travel Life Property Marine Engineering Accident & Liability www.juelmin.com THE FUTURE. INSURED. A NOTE
More informationFuture of Claims Management. Steven Girvan, Melissa Yan
Future of Management Steven Girvan, Melissa Yan The future of claims Future of claims research In early 2016, EY undertook research to understand how industry executives, thought leaders and analysts view
More informationInnovation Hubs and Accelerators. IAIS-A2ii Consultation Call, 22 March 2018
Innovation Hubs and Accelerators IAIS-A2ii Consultation Call, 22 March 2018 Technical expert Jeremy Gray Engagement Manager Cenfri Presenters IAIS representative Peter van den Broeke International Association
More information401(k) FIND OUT ABOUT
PLAN SPONSOR GUIDE FIDELITY Advisor-Delivered 401(k) FIND OUT ABOUT (SEE PAGE 5) THE VALUE OF AN ADVISOR. THE STRENGTH OF FIDELITY. Sponsoring a retirement plan can be complex. What you want from your
More information// New Mission and Vision Statements
April 2, 2015 Dear Shareholders, Last year, I ended my letter to you by sharing our goals for 2014: I let you know we would invest in growing our core businesses, opportunistically acquire financial assets
More informationClassify: Leveraging an Intuitive Database for Investor Targeting Shivi Kumar
Classify: Leveraging an Intuitive Database for Investor Targeting Shivi Kumar EXECUTIVE SUMMARY Investor targeting has always been a high priority for publically traded companies and while there are many
More information9M2019 Performance Review
9M2019 Performance Review Agenda Company Strategy Financial Performance Industry Overview Agenda Company Strategy Financial Performance Industry Overview Strategy: Market leadership + Profitable growth
More informationFUNDAMENTALS. A Guide for Reviewing Your Fund Information
FUNDAMENTALS A Guide for Reviewing Your Fund Information Welcome! Lipper is proud to offer you the information you ll need to make informed decisions when selecting from your plan s investment options.
More information9M2018 Performance Review. January 16, 2018
9M2018 Performance Review January 16, 2018 Agenda Company Strategy Financial Performance Industry Overview 2 Agenda Company Strategy Financial Performance Industry Overview 3 Strategy: Market leadership
More informationFit Life Covered A case study in Digital Life Insurance Distribution
Fit Life Covered A case study in Digital Life Insurance Distribution Todd Seabaugh VP Business Initiatives, RGAx September 26, 2017 WHO IS RGAx is a wholly owned subsidiary of Reinsurance Group of America
More informationMEDIA KIT. Connecting Members. Building Careers. insuranceprofessionals.org
MEDIA KIT Connecting Members. Building Careers. insuranceprofessionals.org CONNECTING & BUILDING CONNECTING MEMBERS. BUILDING CAREERS. The International Association of Insurance Professionals is an association
More informationAccenture Business Journal for India Digital Insurance: How new technologies are changing the rules of the game for a traditional industry
Accenture Business Journal for India Digital Insurance: How new technologies are changing the rules of the game for a traditional industry The traditional business model for insurance, though still a reliable
More informationTHE ANALYTICAL INSURER SAS AZERBAIJAN ANALYTICS SUMMIT, FEBRUARY 3RD
THE ANALYTICAL INSURER SAS AZERBAIJAN ANALYTICS SUMMIT, FEBRUARY 3RD AGENDA Analytical Insurance Understanding Customer Life Time Value Managing Call Centres Interactions The Digital Insurer AGENDA Analytical
More informationTailored and experiential training for the insurance industry
Tailored and experiential training for the insurance industry We believe in learning by doing. Our experiential approach to learning helps engage participants at a deep level and ensure they gain practical
More informationUBS 20 TH ANNUAL SOUTH AFRICA FINANCIAL SERVICES CONFERENCE. The blurring of lines between insurance and banking
UBS 20 TH ANNUAL SOUTH AFRICA FINANCIAL SERVICES CONFERENCE The blurring of lines between insurance and banking STANDARD BANK GROUP / OUR JOURNEY 155 YEAR OLD START UP Group strategic positioning Wealth
More informationUPDATER ANNOUNCES NEW MARKET PENETRATION GOAL ACCELERATES BUSINESS PLAN, AND ESTABLISHES INSURANCE DIVISION
ASX Announcement 30 August 2017 UPDATER ANNOUNCES NEW MARKET PENETRATION GOAL ACCELERATES BUSINESS PLAN, AND ESTABLISHES INSURANCE DIVISION Highlights: New market penetration goal set at 35%, which will
More information93% 50% It started with attribution & uncovered an unknown call center problem. Results at a Glance
CASE STUDY It started with attribution & uncovered an unknown call center problem. Results at a Glance Reduction in Ring-to Numbers 50% Increase in Call Connection Rate CHG Healthcare started using Invoca
More informationNAVIGATING THE INSURANCE CAREER PATH: Strategies for Success. Assistant Vice President The Jacobson Group
NAVIGATING THE INSURANCE CAREER PATH: Strategies for Success Presented By: Alicia Morris Assistant Vice President The Jacobson Group TODAY S TALENT LANDSCAPE UNEMPLOYMENT RATE Insurance Overall 12% The
More informationEconomic and Social Council
United Nations E/ICEF/2011/AB/L.1 Economic and Social Council Distr.: Limited 6 December 2010 Original: English For action United Nations Children s Fund Executive Board First regular session 2011 8-11
More informationH12018 Performance Review. October 17, 2017
H12018 Performance Review October 17, 2017 Agenda Company Strategy Financial Performance Industry Overview 2 Agenda Company Strategy Financial Performance Industry Overview 3 Strategy: Market leadership+
More informationLiberty Holdings Ltd. Thabo Dloti Group Chief Executive 16 October 2014
Liberty Holdings Ltd Thabo Dloti Group Chief Executive 16 October 2014 Liberty Holdings Limited - today A leading financial services holding company in sub-sahara Africa that provides wealth creation and
More informationGLOBAL FINTECH HACKCELERATOR
GLOBAL FINTECH HACKCELERATOR Industry Problem Statements Version 2018.05.21 Organised by In partnership with In collaboration with Global FinTech Hackcelerator Powered by 80 Problem statements The global
More informationIT TAKES THREE TO TANGO
IT TAKES THREE TO TANGO Structural Collaboration Between Carriers, Providers and Consumers A HEALTHSCAPE ADVISORS EXECUTIVE BRIEFING This HealthScape Advisors Executive Brief discusses a more comprehensive
More informationFinding the capital you need to help your private business grow
Finding the capital you need to help your private business grow As your private business grows, your capital needs will evolve. Whether it s introducing new products or services, expanding into new markets,
More informationHSBC Expat: Helping you achieve your ambitions
HSBC Expat: Helping you achieve your ambitions Choose a bank that s in tune with your lifestyle 2 It takes ambition, drive and courage to move to another country. It s a big step for most people and you
More informationOutsourcing options for your investment program
Fiduciary solutions for HOSPITALS AND HEALTHCARE SYSTEMS Outsourcing options for your investment program INVESTED. TOGETHER. Managing complexity Hospitals and healthcare systems face some of the most complex
More informationThe purpose of this communication is solicitation of insurance; an insurance agent or producer may contact you. S TX (9/10)
The purpose of this communication is solicitation of insurance; an insurance agent or producer may contact you. S2-374-410-TX (9/10) W H Y M E D A M E R I C A About MedAmerica Vision When MedAmerica Insurance
More informationSANLAM EMERGING MARKETS INVESTOR DAYS
SANLAM EMERGING MARKETS INVESTOR DAYS 16 th & 17 th October 2018 Agenda Our Vision Our Pan-African opportunity The Saham rationale How we will deliver on the Pan-African opportunity The SEM business model
More informationAccessing capital to start or grow your business.
ATB Entrepreneur's Edge Transaction Advisory Solutions Issue: February 2018 Accessing capital to start or grow your business. You ve safely navigated your company through the oil price meltdown. You re
More informationIncrease career awareness Build the pipeline Foster retention and development in the career Improve and strengthen the organization
2 0 1 7 S T R AT E G I C I N I T I AT I V E S INTRODUCTION Over the past few years, we have focused on a long-term strategic plan that was carefully carved out to help us live up to the mission of our
More informationQ1 FY2019 Performance Review. July 17, 2018
Q1 FY2019 Performance Review July 17, 2018 Agenda Company Strategy Financial Performance Industry Overview 2 Agenda Company Strategy Financial Performance Industry Overview 3 Strategy: Market leadership
More informationPRIVATE CAPITAL ADVISORY SERVICES EXPERTS WITH IMPACT TM
PRIVATE CAPITAL ADVISORY SERVICES EXPERTS WITH IMPACT TM IMPACTING CHANGE ACROSS THE BUSINESS CYCLE About FTI Consulting FTI Consulting is an independent global business advisory firm dedicated to helping
More informationSelling an Insurance Agency
Selling an Insurance Agency Financing for insurance professionals a complimentary whitepaper for agents and brokers How to get the right price from the right buyer As a wave of consolidation readies itself
More informationStock Exchange of Mauritius: Newsletter
Stock Exchange of Mauritius: Newsletter December 2017 INSIDE THIS ISSUE: 1 EXCHANGE NEWS: The Stock Exchange of Mauritius launches the SEM Bond index (SEM- BI) 2 INSIGHT: SEM interviews Kee Chong Li Kwong
More informationFOURTH MEETING OF THE OECD FORUM ON TAX ADMINISTRATION January Cape Town Communiqué 11 January 2008
ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT FOURTH MEETING OF THE OECD FORUM ON TAX ADMINISTRATION 10-11 January 2008 Cape Town Communiqué 11 January 2008 CENTRE FOR TAX POLICY AND ADMINISTRATION
More informationHELP WHEN YOU NEED IT MOST
HELP WHEN YOU NEED IT MOST 02/ 03 CRONER TAXWISE ABOUT US Croner Taxwise Limited is authorised and regulated by the Financial Conduct Authority (Financial Services Register number 304970). CRONER TAXWISE
More informationOLD MUTUAL EMERGING MARKETS
OLD MUTUAL EMERGING MARKETS Capital Markets Day Ralph Mupita, Chief Executive 11 October 2016 INVESTMENT SAVINGS INSURANCE BANKING DISCLAIMER This presentation may contain certain forward-looking statements
More information42 % 33 % Many small business owners understand the actions needed to plan for transition (based on transition-focused owners, ratings of importance)
Building a Template for Transition Four best practices to tackle transition, retirement and succession Small business owners often combine vision and hard work to build companies that support them in their
More informationHSBC Expat: Helping you achieve your ambitions
HSBC Expat: Helping you achieve your ambitions Choose a bank that s in tune with your lifestyle 2 It takes ambition, drive and courage to move to another country. It s a big step for most people and you
More informationRetirement Simplified
403(b) Retirement Simplified The guide to long-term financial freedom. Where do you stand? Are you investing enough to secure long-term financial freedom? Investing for retirement has never been more important.
More informationAnnual Meetings Remarks May 3, Paul Mahon. President and CEO Great-West Lifeco Inc.
Annual Meetings Remarks May 3, 2018 Paul Mahon President and CEO Great-West Lifeco Inc. Paul Mahon President and CEO Great-West Lifeco Inc. Contents Overview 1 Financial performance highlights 1 Creating
More informationPriorities of a Capital Markets Union
Date: 12 May 2015 ESMA/2015/854 Priorities of a Capital Markets Union Luxembourg Stock Exchange Day Steven Maijoor Chair European Securities and Markets Authority Ladies and gentlemen, I am delighted to
More informationKeynote Address by Mr John Leung, CEO, Insurance Authority 12th Asian Insurance CFO Summit th May 2018, Hong Kong
Keynote Address by Mr John Leung, CEO, Insurance Authority 12th Asian Insurance CFO Summit 2018 24th May 2018, Hong Kong Recent Developments of the Hong Kong Insurance Industry and the Insurance Authority
More informationIntroduction. I hope you find it helpful. Do get in touch if you have any other questions, or want to give Vestd a try. Thanks,
Introduction There are so many great reasons to set up a company share scheme. Distributing equity is a fantastic motivator for your team, and helps underpin a strong company culture. The problem is that
More informationReprinted from REVIEW THE VOICE OF THE GLOBAL ALTERNATIVE INVESTMENT INDUSTRY THE MYTHMAKERS Kairos Partners seizes the moment
Reprinted from THE VOICE OF THE GLOBAL ALTERNATIVE INVESTMENT INDUSTRY REVIEW Issue 173 THE MYTHMAKERS Kairos Partners seizes the moment September 2015 1 Seizing the moment Kairos Partners, a multiple
More informationCisco Insurance Whitepaper Fall 2016
White Paper Cisco Insurance Whitepaper Fall 2016 Technology Helps Insurers Unleash the Possibilities of Digitization It s no secret that InsureTech investment is on the rise. According to the Pulse of
More informationGLOBAL IFRS 17 READINESS ASSESSMENT Q4 2017
GLOBAL IFRS 17 READINESS ASSESSMENT Q4 GLOBAL IFRS 17 READINESS ASSESSMENT NOVEMBER CONTENTS Introduction & Survey Highlights 3 At the time the new IFRS 17 standard was ratified in May, our insurance customers
More informationT.C. Suseel Kumar. Executive Director (Bancassurance)
T.C. Suseel Kumar Executive Director (Bancassurance) 1 A topic of relevance & significance.. 2 3 why at all bancassurance? 4 bank insurance bancassurance 5 Insurer s advantage huge customer base Brand
More informationEUROPEAN MARKETING AND SALES ORGANIZATIONS 2017
EUROPEAN MARKETING AND SALES ORGANIZATIONS 2017 Winning Strategies for Asset Managers Overview & Methodology The fourth iteration of this report analyzes the structure of European marketing and sales teams
More information2014 EY US life insuranceannuity
2014 EY US life insuranceannuity outlook Market summary Evolving external forces and improved internal operating fundamentals confront the US life insurance-annuity market at the onset of 2014. Given the
More informationClaims Corporation Network
IIF- Insurance in a DIGITAL World Conference, 14 November 2017, Vienna, Austria Claims Corporation Network Claims Management in the Digital Age InsurTech: International practices in digital claims handling
More informationSTRATEGIC PLAN of the SAVA RE GROUP for the period
STRATEGIC PLAN of the SAVA RE GROUP for the period 2017 2019 #NEVER ALONE WE ARE CREATING A MODERN, DIGITAL, SOCIALLY-AND SUSTAINABLE- ORIENTED INSURANCE GROUP. SCOPE OF STRATEGY ON THE GROUP LEVEL SAVA
More informationEMPLOYEE BENEFITS. Retirement funds and group risk solutions for your employees
EMPLOYEE BENEFITS Retirement funds and group risk solutions for your employees DISCOVERY FOR BUSINESS 01 EMPLOYEE BENEFITS The global retirement savings gap is expected to grow to $400 trillion in 2050
More informationNN Group Netherlands. David Knibbe, CEO Netherlands Insurance. Capital Markets Day 19 November 2015
NN Group Netherlands David Knibbe, CEO Netherlands Insurance Capital Markets Day 19 November 2015 1 2 NN Group is well placed in its home market to drive value Netherlands Life is well positioned to grow
More informationFROM 12 TO 21: OUR WAY FORWARD
FROM 12 TO 21: OUR WAY FORWARD MESSAGE FROM THE BOARD Weldon Cowan, chair of the board of directors The board of directors shares the corporation s excitement about the next phase of the From 12 to 21
More informationINSURANCE INNOVATION EXECUTIVE BOARD
INSURANCE INNOVATION EXECUTIVE BOARD STATE OF INSURTECH Tim Hoying October 26, 2017 UPDATE ON INSURTECH INVESTMENT $USD, in millions THE INSURTECH LANDSCAPE IS GROWING WITH CLOSE TO $7.1 BILLION INVESTED
More informationInsurance and Financial Services
Insurance and Financial Services 2016 1 Risk Transfer gives you the tools to grow and the resources to mitigate your costs. 2016 2 Your Team of Industry Experts Risk Transfer Insurance Agency is a full
More informationCreating value in Private Equity
Creating value in Private Equity KPMG s Target Value Platform May 2018 kpmg.com/uk Introduction In today s highly competitive market, spotting value creation opportunities as well as understanding pre-acquisition
More informationCorporate & Investment Banking
Corporate & Investment Banking Overview Our strategy CIB s strategy is aligned to the group s strategy. The consistent execution of our strategy is moving us closer to our medium-term aspiration to be
More informationOur team have invested more than $150M, especially in FinTech / Blockchain / Internet / IT / MedTech projects.
Page 0 / 10 CONTENT ABOUT CRYPTON VENTURE CAPITAL... 3 GOALS... 3 EXPERIENCE... 3 AWARDS AND CERTIFICATIONS... 4 CRYPTON VC PARTNERS... 4 THE MAIN ADVANTAGES OF THE CRYPTON VC... 5 TEAM... 5 BOARD OF INVESTORS
More informationExceeding insurance boundaries to be a better insurer
Exceeding insurance boundaries to be a better insurer Unipol s approach to innovation with some examples Andrea Pezzi Innovation & New Business Solutions Director London, 19 th October 2017 The key forces
More informationIntroduction. The Assessment consists of: A checklist of best, good and leading practices A rating system to rank your company s current practices.
ESG / CSR / Sustainability Governance and Management Assessment By Coro Strandberg President, Strandberg Consulting www.corostrandberg.com September 2017 Introduction This ESG / CSR / Sustainability Governance
More informationDECEMBER INSURTECH STARTUP SPECIAL. insuranceciooutlook.com. Jason Keck, Co-Founder & CEO, Broker Buddha
DECEMBER - 2017 INSURTECH STARTUP SPECIAL insuranceciooutlook.com Jason Keck, Co-Founder & CEO, Broker Buddha Benji Markoff, Founder & CEO, Founder Shield $ 15 1 C O V E R S TO R Y Jason Keck Co-Founder
More informationREPORT FROM THE BUY SIDE: THE POWER OF INTANGIBLE FACTORS ON INVESTMENT DECISIONS
REPORT FROM THE BUY SIDE: THE POWER OF INTANGIBLE FACTORS ON INVESTMENT DECISIONS BACKGROUND & METHODOLOGY This research was conducted to determine how, and the extent to which, communications influence
More information2016 INSURANCE SYMPOSIUM
2016 INSURANCE SYMPOSIUM DLA Piper, No. 1 Martin Place, Sydney, Australia Wednesday, 24 February 2016 www.dlapiper.com 2016 Insurance Symposium Wednesday, 24 February 2016 0 1 Dr Now and when: Digital
More informationBudget Engagement That Works
As you wait for the session to start, please go to the conference app and click Budget Engagement that Works so you can engage in the session. Budget Engagement That Works Gary Kent, City of Mississauga,
More informationALFI 2020 Ambition: Serving the interests of investors and the economy
ALFI 2020 Ambition: Serving the interests of investors and the economy ALFI commits to further enhance Luxembourg s position as the international fund centre of reference, recognised as open, reliable
More informationthe sanlam group impact of data on strategy: the sanlam emerging markets africa growth story august 2014
impact of data on strategy: the sanlam emerging markets africa growth story august 2014 Insurance Financial Planning Retirement Investments Wealth agenda Brief overview of strategy and strategic positioning
More informationPRESS RELEASE CATTOLICA GROUP BUSINESS PLAN KEY TARGETS FOR 2010
Società Cattolica di Assicurazione - Società Cooperativa Sede in Verona, Lungadige Cangrande n.16 C.F. 00320160237 Iscritta al Registro delle Imprese di Verona al n. 00320160237 Società iscritta all'albo
More informationDigital Strategy
Digital Strategy 2018 2020 2 Digital Strategy About us, with gross premium of over EUR 16 billion, is the third- largest reinsurer in the world. We transact all lines of property & casualty and life &
More informationTRANSFORMING INSURANCE THROUGH INNOVATION. Global Best Practices Reveal New Models and Approaches
TRANSFORMING INSURANCE THROUGH INNOVATION Global Best Practices Reveal New Models and Approaches INTRODUCTION Large traditional insurers and dynamic start-ups alike are turning to artificial intelligence
More informationFinancing for Energy & Sustainability
Financing for Energy & Sustainability Understanding the CFO and Translating Metrics This resource was completed with support from the Department of Energy s Office of Energy Efficiency and Renewable Energy
More informationWHAT IF THERE WAS A TOTAL END-TO-END P&C SOLUTION FOR POLICY, CLAIMS AND BILLING?
Solution brief Thunderhead.com AND GUIDEWIRE INTEGRATION WHAT IF THERE WAS A TOTAL END-TO-END P&C SOLUTION FOR POLICY, CLAIMS AND BILLING? CENTERS OF EXCELLENCE, OR ISOLATED SILOS? Historically, Property
More informationFMI UPDATE ADVISER Q&A
FMI UPDATE ADVISER Q&A May 2014 Contents A. AN INTRODUCTION FROM BRAD... 2 Quick Facts... 2 B. IN GENERAL... 3 1. When will this be effective and what should I look out for?... 3 2. Does the FMI brand
More information