Bancassurance has undergone a fundamental change over the last decade. The pandemic has accelerated digital transformation and banks are in a unique position to utilise their digital infrastructure to capture more of the expanding online insurance business as they are at the forefront of digital advances. Digital tools hold the key for bancassurers to grow their sales in life or non-life products. With new agile players like InsurTechs, neo-insurers and neo-banks adapted to digital native generations, what option do banks and insurers have to remain competitive and catch up? How are distribution models going to change with the new digital reality?
This year’s virtual Asia Conference on Bancassurance and Alternative Distribution Channels will set the stage for banks, insurers, strategic partners and international top leaders to foster strategic alliances and harness the power of partnership with dynamic distribution channels and digital ecosystem. The two-day conference will also look at what cutting-edge technologies like augmented and virtual reality, artificial intelligence, telematics, blockchain and the Metaverse can bring to bancassurance and how they can open doors to new possibilities. Let’s reimagine bancassurance together.
“Who leads bancassurance today: Customer? Banks? Insurers? Digital?”