BFM 89.9
The Business Station
Digital Insurance: Cheaper, Better, and Faster?
36 mins·12:00, 16 Mar 2023
Digital Insurance: Cheaper, Better, and Faster?
36 mins
·
12:00, 16 Mar 2023
·
Recommended
7 mins
9 mins
10 mins
Guest: Ravi Kittane, Partner, Ernst & Young Consulting
Digitalisation has been a key tenet for businesses and industries over the last few years, especially so for financial services, especially with the rise of fintech.
We’ve seen Digital Investment Managers - roboadvisors - introduced in 2018 and last year we saw the issuance of 5 digital bank licenses. Up next, the insurance industry. In November, Bank Negara finally published the long-awaited exposure draft on Digital Insurer and Takaful Operators (DITOs) and in 2023 we could see up to five licenses issued to successful applicants.
Today on BizBytes, we explore the potential of digital insurance, what that means for individuals and business, and whether they’ll be able to compete with the sizable incumbents.
Helping us with this discussion is Ravi Kittane, Partner at Ernst & Young Consulting. Ravi specialises in the financial services sector, focused on digital and technology led transformation at incumbents and challengers in the banking and insurance space.
Presenter: Roshan Kanesan, Lily Chai
Producer: Roshan Kanesan
Share:
Recommended
May 9
·
7 minsTariffs Heighten Recession Risk For Thai Economy
May 8
·
10 minsChina And Russia Reinforce Steely Friendship
Recent episodes
0
Latest stories
Podcasts · May 9 · 7:30AM
Symphonic Image
23 mins
Podcasts · May 9 · 23 mins
Symphonic Image
Podcasts · May 9 · 7:00AM
The Nutcracker
20 mins
Podcasts · May 9 · 20 mins
The Nutcracker
Videos · May 9 · 7:00AM
Anak Tertinggal Dalam Kereta
2 mins
