The African Insurance Organisation, the International Association of Insurance Supervisors (IAIS), the Access to Insurance Initiative (A2ii) and the Microinsurance Network (MIN) are pleased to invite you to the next Consultative Forum on the topic:
Mobile Insurance and InsurTech: rising to the regulatory challenge
Afternoon of Wednesday, 9th May and morning of Thursday, 10th May 2018
Digital technologies have experienced rapid growth in recent years. In particular, mobile insurance – which uses mobile phones for distribution, servicing or payments – has seen rapid growth, especially in Sub-Saharan Africa. A large number of individuals are now benefiting from insurance coverage for the first time.
More broadly, digital technologies are changing the insurance landscape by paving the way for new players and business models with the potential to expand coverage faster than ever before, while enhancing efficiencies and lowering costs across the product life cycle.
The forum will explore salient topics that face the industry and regulators alike:
- how new technologies and actors are changing the insurance landscape;
- stimulating innovation: how can supervisors create the best environment to facilitate innovation that encourages market development and enhances customer value;
- creating customer value: what value do these technologies bring to the consumer and how can the supervisor ensure consumer and data protection;
- new regulatory considerations: how can these new players and business models be supervised appropriately in ways that allow for cross-disciplinary cooperation between regulators.
The Consultative Forum will take place alongside the 45th AIO Conference and Annual General Assembly. Approximately 60 high-ranking representatives from African insurance supervisory authorities, the industry and the public sector will attend the event. The Forum aims to stimulate the dialogue that is critical to fostering knowledge and sound regulatory environments in the field of inclusive insurance.
To participate in the Consultative Forum, please register here by 13 April 2018, close of business, Central European Time.