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 have the first in our three-part series on China’s BAT – the tech giants Baidu, Alibaba, Tencent, and consider the digital insurance activities currently underway at Alibaba. As China’s biggest eCommerce destination, Alibaba has amassed more than 500 million active users across ecommerce, mobile payments and O2O services.
| | 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.. |