InsurTech
What you'll learn
- • The basic concept of InsurTech
- • InsurTech Vs. Traditional Insurance
- • What are the key InsurTech startups?
- • Understanding financial inclusion and the role of InsurTech in financial Inclusion
Requirements
- Open for all!
Description
Programme title: InsurTech
Programme Outline:
On the completion of the course, participants will be able to understand:
• The basic concept of InsurTech
• InsurTech Vs. Traditional Insurance
• What is included in InsurTech?
• The advantages of InsurTech
• The disruption of InsurTech to Insurance company
• How does InsurTech benefit its customers
• Understanding Singapore Dynamic InsurTech Map
• What are the key InsurTech startups?
• Understanding InsurTech in the Singapore market
• What is microinsurance? Waves of microinsurance
• Understanding financial inclusion and the role of InsurTech in financial Inclusion
How does InsurTech benefit to consumers
- Personal safety and privacy Using
-Blockchain smart contracts
-AI
-Autonomous driving technologies
to protect consumer identity and coverage of new risks
- Always connected, always protected
Deliver a personalised and tailor-made coverage by engagement through
- IOT
- data analysis
- mobile innovations
- More benefits from sharing economy
Leverage the expertise and scale of strategic partners to anticipate changing consumer behaviours
-
- Additional on demand service
Provide customers with added services through their smart phone
MICROINSURANCE
• Protect low-income people against risk
• Relevant to around 50% of the world’s population
• Up to 80% in some countries
• Introduced in the late 1990s
Role of InsurTech in Financial Inclusion
• Simplify products so that they are easy to understand, enroll in and claim
• Find new distribution channels to connect with low-income customers
• Leverage digital channels and technology innovations to connect and serve low- income customers
• Implement new business models and products to provide risk mitigation solutions
Who this course is for:
- Fintech enthusiasts
Instructor
- 3.3 Instructor Rating
- 20 Reviews
- 92 Students
- 6 Courses
Femtech Partners was founded in 2019 by Neha Mehta when she realised the disparity in the number of women present in the FinTech industry. She decided to quit the corporate world to create a level playing field for women and flatten the curve. We specialise in FinTech, financial inclusion and promoting women in finance industry. We strive to mentor young female talent and aim to work closely with development agencies in the UK and Singapore. Fast forwarding to 2021, we have expanded our services into 7 countries as seen in the map below and we hope to continue our efforts in sharing information about the FinTech industry across the globe!