Insurtech Panel : Risk & Rewards of Digitising Insurance
June 23rd 2017, 6:00-9:00pm
Mettā Nairobi, Riverside
Mettā Members enter for FREE Ksh. 500.00 for non-members. Mpesa till no. 737416 Nest Group Africa Instructions: Go to M-PESA & select Buy Goods In the 21st century, not only has Tech impacted the financial industry (Fintech) but it has also successfully disrupted services in the industry sector! The insurance industry's traditional structure of insurance is these four areas : Product design | Pricing & Underwriting | Distribution & Admin | Claims Management.Today Today, Insurers are moving towards customised, usage based, real time coverage models & moving away from risk-based underwriting approach to an interesting risk management approach. Consumers of today want to be able to get educated, get a quote and buy a policy from the comfort of their home (or cell phone) in less than 15 minutes! This panel will discuss the following: Risk & Rewards for digitising insurance Pace of innovation in Insuretch of Kenya as compared to other countries How insurtech companies focus on 3 areas of augmenting, expanding and disrupting the insurance industry What are the barriers to scaling insurance in Kenya? What key innovations are needed in the insurance value chain to target the mass market? The new threat of cyber security What do you think the insurance industry in Kenya will look like in 3-5 years? The panel consists of: Moderator: Martin Kimani, Manager Risk Consulting ITA at KPMG Patrick Matu, Associate Director at Control Risks Isaac Kamau, Innovation Manager at Jubilee Insurance Elias Omondi, Actuarial Associate at Insurance Regulatory Authority RSVP as limited seats are available!
Refer to the Member Newsletter for registration