Insurance technology efforts should be about customer-driven outcomes, not just technology-driven solutions. GR and Charles Taylor InsureTech hosted a roundtable debate in Dubai to discuss how insurance firms can do better.
This year’s DWIC event featured a number of themes, including the need for product innovation, the rise of insurtech, pricing competition in health and motor markets, steps towards insurance penetration, progress for Takaful products, Dubai’s continued importance as the Middle East regional re/insurance hub, and reinsurers under continued pressure
As a massive growth region, the past decade has seen a construction and engineering boom across the Middle East and North Africa. However, with growing assets at risk and a worsening loss experience, a correction is underway in then famously-competitive MENA and GCC re/insurance market, driving a