This month’s InsurTech Insights looks at cyber security and its implications for the insurance industry.Vincent Maret, Partner and Head of Cyber Security Services, from KPMG France, provides a good overview on how a variety of different corporates are handling the cyber threat.Rick Huckstep, in his article, reminds us how cyber cannot be viewed and treated by (re)insurers like other more
traditional lines of insurance. | | This month we examine an emerging mutual insurance model that merges the ubiquitous Chinese social media and messaging app WeChat, which is developed by Tencent, with a group buying ethos. We also examine a hardware/software initiative from
Allianz China and speak to Hui Zhang from Answern Online about the state of digital insurance in China and the emergence of renewed mutual health insurance. | | Traditional insurers
face a growing array of digital competitors armed with new tools capable of delivering more agile, customer‑focused solutions. This report from KPMG outlines how incumbents can get on a path to co-opting these tools to build winning digital strategies themselves.. |
