Insurtech Integrated – Dubai

The inaugural edition of InsurTech Integrated will be a one-day dedicated stream focused on the impact of disruptive technologies on the insurance industry. The stream aims to highlight the importance of developing digital proficiency amongst insurance operators in the light of stiff competition by facilitating thought-provoking discussions, producing quality research and generating actionable insights.

InsurTech Integrated aims to reinvent the way forward for insurance operators by fostering an environment for innovation, and in turn facilitating greater customer value through the application of digital technologies.

According to Accenture, investments into insurance technology sector – Insurtech tripled to $2.6 Billion in the year 2015, 30% of which went into startups that provide insurance services in competition with the incumbents. These startups take many forms such as price/value comparison websites and applications, peer-to-peer insurance services and social brokers.

The disruption of the global insurance industry is already underway and is picking up pace in the GCC. Against this backdrop, the discussions at InsurTech Integrated will aim to assess the digital proficiency of insurance operators in the region and provide recommendations as to how operators can adopt and integrate digital tools and processes swiftly to address the growing threats to their profit margins whilst staying competitive.