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10 February 2011Wenli Yuan
Insurance in the Asia-Pacific region faces its own set of business challenges, and insurance technology has evolved along a distinctive path. Celent recognized 18 Asian insurance technology initiatives as "Model Insurer Components" in a recent Celent report "Model Insurer Asia 2011: Case Studies of Effective Technology Use in Insurance". These best practices in the use of technology span key areas of the product and policyholder lifecycle, including product definition, distribution, underwriting, policy administration, service, claims, and infrastructure. Celent held a Model Insurer Asia Award Ceremony on January 13th in Singapore. During the ceremony, I introduced trends in Asian insurance business and technology, then Michael Fitzgerald, Celent Senior Analyst, introduced the Model Insurer concept, after that, Neil Katkov, Senior Vice President, Head of Asia, and I introduced the Honored Initiatives and presented the Awards. In the afternoon, Michael Fitzgerald gave a presentation on Innovation in Insurance, then insurance companies attended Insurer Roundtable. The event was a great success. If you have missed the oppotunity to be with us in Singapore, join my webinar on either: February 23, 2011 (North America): 5:00 p.m. EST / 2:00 p.m. PST, or February 24, 2011 (Asia/Europe): 10:00 a.m. CEST / 6:00 p.m. JST In the 30 minutes webinar, I'll give a brief introduction to the 18 initiatives. The content of two webinars are the same. Choose the one that suits your time best and register now by clicking the link above.