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Insurance reboot: 2018 Financial Times Insurance Innovation Summit report

Insurance reboot: 2018 Financial Times Insurance

Building a digitally enabled blueprint for the future and managing the industry’s current challenges

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Insurance reboot: 2018 Financial Times Insurance Innovation Summit report

“Technology is not the answer. Management is the answer.” This poignant statement shared by Hank Greenberg, chairman and chief executive officer of C.V. Starr Insurance, during his keynote presentation, underscores the challenge facing companies looking to embrace innovation in the insurance sector.

The Financial Times Insurance Innovation Summit, held on April 11, 2018 in New York City, brought together leading executives and industry experts to provide insights on how insurers should balance growth, customer satisfaction, agility and innovation in order to stay ahead and remain successful in the rapidly evolving insurance industry.  

KPMG’s view is that insurers:

  • Focus on the future
  • Simultaneously seek top and bottom line growth opportunities
  • Adopt revolutionary methods to interact in real time with customers

We believe that technology by itself is not the only answer to a new era in insurance. The future state of the industry will be shaped by how powerful technologies are leveraged and managed by people in the industry.

To read more on the KPMG point of view shared in our keynote and panel presentations, as well as the key takeaways and perspectives shared by presenters at the summit, please download the paper.

 

 

 

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