👏The Fadata team has wrapped up a successful event in Amsterdam by Fleming Insurance Events discussing all things insurance. Here are the main trends shaping the insurance sector. Next stop: London, May 22-23, see you there! #SaaS #Insurtech #Insurance #LifeAndHealth
Global Head of Pre-Sales / Sales Director UKI @ Fadata Group | Insurance | Technology | Strategy
Day 1 completed at Flemings Life & Health Summit in Amsterdam. An excellent day with insightful content coming from both Insurers and innovative tech solutions alike. Key takeaways: ✅ The existing protection gap is seen as a growth opportunity, particularly in developing markets. ✅Health is the fastest growing line of business with >5% CAGR YoY. ✅Customers expect agility, fluidity and 24/7 service. ✅Multiple backend operations cause numerous problems both internally and in turn passed onto the customer. ✅Long segmented processes cannot be passed onto the customer. ✅As we progress through life different needs occur from a coverage perspective. I think it is fair to say whilst the industry is progressing their is still a lot of work to do. Through a combination of deep industry knowledge and leveraging market leading technology, Insurers have a great opportunity to create relevant dynamic policies, improve the distribution model and in turn leverage the protection gap to not only broaden their market footprint but also provide policyholders with exactly what they need. Next stop London where Fadata will be in attendance at Digital Transformation in Insurance. Kirsten Skarnvad Neyko Bratoev Jens H. #insurance #continuouslearning #customercentric #innovation
