This program seeks to update directors on the latest in fintech developments and its implications for the insurance industry. Directors will be provided with examples of fintech’s disruptive technology in content delivery, distribution and payments of insurance products; and how it is changing the entire ecosystem of how insurance businesses are done.
At the end of this program, participants will be able to:
• Articulate the latest fintech developments and how it affects the insurance industry;
• Explain the threat of insurtech should insurance companies ignore these developments;
• Learn the benefits of adopting fintech and/or partnering with fintech providers in the face of these challenges to improve insurance services;
• Explain the current regulatory framework for fintech under Bank Negara Malaysia.