July 18, 2019

Features

Features
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Disrupting the insurance industry

With InsureTech being the buzzword for this year, Michael Ilyas explains the various stages involved in setting up an online insurance aggregator and what it means for the industry. Digital transformation in the insurance industry is on the verge of catching up with the transition in other industries like retail...

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Missing the Opportunity to Modernise

Reducing the regulatory burden on the technological platform, would be likely to encourage more development and investment in InsurTech in the UAE, observes Wayne Jones. InsurTech is upending and disrupting traditional models of distribution for insurance products across the world. But, how is the UAE facilitating this technological evolution? In...

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Hearing Is Believing

Voice technology will affect the future of financial services and can move the industry forward, with valuable applications across the customer experience, observes Alison F. Salka. If there is one universal theme in insurance and financial services today, it is change – relentless, more rapid than ever, and coming from...

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A Collaborative Approach to Blockchain

Blockchain technology is evolving as a means of sharing authentic, real time information between entities while swiftly catering to the needs of the policyholder, writes Walid Dib. The past couple of years have showcased numerous blockchain pilot projects around the globe testing out possible use cases from blockchain in healthcare...

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Partnering for a Healthy Future

The patient-payer-provider triangle is the key to success and ushering in change, writes Georges Chidiac. The healthcare industry is experiencing a paradigm shift towards a patient-empowered model. Technological advancements in the medical field and better access to information have allowed patients to take a more active role in their own...

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The Profitability of Life Insurance

Life Insurance is based on the generic principle of Insurance. How can it remain profitable over the years? Satish Sharma discusses his views. The Good Luck of the Many pays for the Bad luck of the few. Life insurance companies capitalise by spreading the risk of the deathof few by...

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Personalised Healthcare

The approach to healthcare is now moving away from a macro, population-level perspective to a micro, one-person-at-a-time approach, observes David Healy. When it comes to employee productivity, the return on investment employers can achieve through wellness in the workplace initiatives has been gaining momentum in recent years. Research has shown...

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Partnering for a healthy future

The patient, payer, provider triangle is the key to success and ushering in change, writes Georges Chidiac. The healthcare industry is experiencing a paradigm shift towards a patient-empowered model. Technological advancements in the medical field and better access to information have allowed patients to take a more active role in...

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Gamification in Insurance

Suresh Nair takes a look at the efforts of regional insurers to introduce gamification. Life is more fun if you play games – Roald Dahl The insurance industry has often had the mortification of the word ‘traditional’ being tagged onto it in a not-so complimentary way. The critics mainly attribute...

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Marketing the Business

While the recently circulated draft law on insurance producers is a positive step in diversifying distribution channels and increasing penetration, it does bring to the fore a number of issues, writes Peter Hodgins. Continuing the trend of regulating the distribution channels available to insurance companies, the UAE Insurance Authority has...

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