This event brings together distinguished personnel from banks, government bodies and technology companies to discuss and address crucial issues on how to seize new opportunities in retail banking and wealth management while making it beneficial for all stakeholders.
An interview with Frederik Bisbjerg (Qatar Insurance Company - Head Of Group Retail & Executive Vice President)
Frederik Bisbjerg Shares his view on "Innovation in Insurance"
Qatar Insurance Company
Head Of Group Retail & Executive Vice President – MENA, Qatar
1) Which innovations in the insurance sector do see becoming major industry disruptors?
For the GCC given the nature of the market, disruption will most probably be an evolution instead of a revolution.
The aggregators will be gaining much more market share that we see today going forward and we might see newcomers established as pure digital insurers.
2) What are the key drivers for innovation in the insurance industry today?
GCC, again drivers are innovations that focus on costs savings and convenience.
3) What latest insurance products do you see becoming popular in GCC in the near future?
The aggregators and online direct sales channels.
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