Join the SMA Summit 2017 Afternoon Session
Revolutionizing Insurance Distribution
Monday, September 18, 2017 | 2:00 - 2:45 pm
Speakers: Ilya Bodner, Founder & CEO, Bold Penguin | Miguel Edwards, Vice President of Strategy & Operations, Allstate | Asaaf Wand, CEO and Co-founder, Hippo | Anant Iyer, Chief Product Executive, ValueMomentum
Insurance distribution is being redefined by the evolving customer expectations, emergence of non-traditional distribution channels, and innovative insurtech distribution models. Today, customers are increasingly getting accustomed to the ease of doing business and personalized buying experiences extended by the digital leaders across industries. So, the conventional insurance distribution models are fast becoming inadequate to meet the changing customer & agent expectations.
Besides, disruption of the insurance distribution space is a key business strategy for the new entrants to differentiate in the market. According to SMA, approximately 25% of the InsurTechs that they track, have one specific target, the insurance distribution model. Join this session to find out how the distribution space is being revolutionized by rethinking the customer experience, introducing new business models, and building new types of partnerships.
Topics to be covered in the session:
- Challenges incumbents face today in the insurance distribution space
- Understanding implications of disruption on traditional insurers' business
- Technologies driving the disruptions
- Strategies incumbents need to adopt to support innovations in insurance distribution