LB's Toftegaard: The Future of Insurance Is Services

1:56

Anne-Mette Toftegaard, CEO, LB Group (Denmark), said better use of technology is allowing insurers to better identify risks and prevent claims, moving them from a focus on products to a future in which services play larger roles.

 

Lloyd's Beale: Microinsurance Is a Opportunity for Mutuals, Reinsurers

Inga Beale, chief executive officer, Lloyd's also said that Lloyd's has tallied more than $4.5 billion in initial storm losses, with more claims to be paid as natural catastrophes continue around the world.

 

AFM's Shaw: UK Mutuals Less Affected by Brexit

Martin Shaw, chief executive, Association of Financial Mutuals, said U.K. mutual financial organizations have seen exceptional growth since the global 2008 financial crisis.
 

Thrivent's McKinney: Mobile, Blockchain Key Tools in Reaching Developing Markets

Bill McKinney, vice president, strategy and long-term development, Thrivent Financial, said the same tools that are changing the insurance environment in the developed world can be deployed in developing regions.

 

ICMIF's Vernaillen: Working in Developing Markets Teaches Insurers About Tech

Hilde Vernaillen, chairwoman, International Cooperative and Mutual Insurance Federation, said many insurers are limited in their home markets by legacy technology.

Copyright © 2017 A.M. Best Company, Inc. and/or its affiliates ALL RIGHTS RESERVED.