Insurance disruption fuelling customer-centric innovations
Major insurers setting up Singapore innovation labs as technologies like artificial intelligence, blockchain drive industry changes
Singapore
DRIVEN by the rapid advances in technology, insurers in Singapore have been taking steps to be more customer-centric in an attempt to retain loyalty and attract new policyholders.
Front-end disruption in the sector will continue in 2017, as will the rise of unions between innovation-starved insurers and technology-related start-ups, industry players and observers echoed in unison.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
RBNZ has limited scope to cut cash rate this year: OECD
Crypto.com wants to sponsor more sports after Formula One Miami
Philippine central bank tightens dirty money risk reporting rule
It is time to put idle cash back into the market
Singapore Savings Bond 10-year average yield hits year-to-date high of 3.33%
Gold dips as US dollar edges higher, investors seek more Fed cues