From pandemic to endemic, COVID-19 is presenting the industry a rare silver lining to reinvent travel insurance – which has indisputably been the most affected product.
Read More
Ancileo sent out a survey questionnaire to 400 participants from the United States to understand how consumer sentiments towards travel insurance have changed in the endemic. The insights gathered from this one is part
Read More
Traditionally, insurance has been regarded as a separate, and complementary or add-on purchase to a core product or experience that was already purchased. It’s been perceived as being sold “in your face.”
Read More
By now, we’d have known insurance to be one of those products that take more than its core function, aka price, to sell itself. What happens in the post-purchase experience (PPX) especially in the claims process
Read More
Where emerging industries and businesses become part of shared economies, we see an increasing shift from competition to collaboration in the strategies adopted by businesses to adapt and grow their revenue sources.
Read More
As travel is here to stay and we are still in COVID times, consumers would want to reduce as much uncertainty and as many risks as possible to optimize their travel experience by leveraging upon flexibility in travel bookings and insurance to recoup as much losses and expenses if the unexpected happens.
Read More
Tourism players have been on the edge since the travel sector has been stalled by the endemic. How are they spurring innovation, in the regard of technology solutions and revenue models, to lift tourism out of COVID-19 and beyond?
Read More
Insurtech upstarts and VCs aren’t the only ones making a splash in the global insurance landscape today.
Read More
From traditional insurers to insurtech upstarts, Big Tech firms are buddying up to crack the insurance market.
Read More
COVID-19 has created an unprecedented crisis for airlines, as revenues are headed for a crash landing should uncertainty persists for the travel industry… Hold up on that conclusion! There hasn’t been clouds of gloom for all airlines, as we recently came across this article by Skift
Read More
Given intermittent eruptions of the pandemic, border measures are constantly evolving and no doubt the uncertainty of travel has reached its all-time high today. It wouldn’t surprise us should there be a (re)emergence of hotspots leading to snap border closures and cancelled flights.
Read More
They say there’s music for every occasion. Our occasion is to celebrate insurance and its past and ongoing transformation. Read on and find out what we learnt by combining our insurance knowledge and endless jamming to pop songs in one insightful article.
Read More
Insurance M&As are rising despite the heavy toll on world economies from the pandemic. In this piece, we talk about the rise of insurance M&As globally, their impact, the driving forces, and the way forward for insurance in Asia and the rest of the world.
Read More
As more industries digitise, cyber insurance partnerships are steadily emerging in unexpected places around the world.
Read More
These best practices can help OTAs ensure a higher conversion rate and convince users to buy travel insurance, thus boosting revenue from one of their key ancillary streams.
Read More
Insurance partnerships with neobanks yield benefits for both insurers and insurtech firms, but concerns over their sustainability linger.
Read More
The impact of COVID-19 on aviation losses has been catastrophic. What does this mean for carriers and insurers when it comes to risk management and insurance premiums moving forward?
Read More
Digital payments systems are on the rise, but few are as popular – or polarising – as e-wallets. Despite its naysayers, the e-wallet market is expected to balloon more than fivefold in the next four years, with as much as 1 in 2 people using one by 2025.
Read More
Movies are omnipresent around us. And after watching many, many movies for research purposes obviously, we found some takeaways to learn and imbibe that we believe can be essential for insurers to apply into legacy firms to adapt with the digital transformation and evolving customer needs.
Read More
The article provides a guide to introducing what parametric insurance is, where parametric applies in both B2B and B2C insurance, examples of how parametric is being embedded in the product and partnerships, as well as its relevance in the future of the industry.
Read More
As the bedrock technology for digital currencies, blockchain is enabling the creation of value beyond cryptocurrencies. From banking to e-commerce, every industry is researching
Read More