Regional Insurance Meet Set to Spur Growth in Indochina Markets Next Week

SINGAPORE - May 19, 2022 - PRLog -- The 3^rd INTO INDOCHINA Insurance Virtual Summit 2022 is set to launch online next week on May 25 & 26 (Wednesday and Thursday) as the emerging economies of the Indochina region – Cambodia, Laos, Myanmar and Vietnam, along with Thailand – ready themselves for their gradual re-opening for business since the onset of the COVID-19 pandemic over two years ago.

The global pandemic not only provided an impetus to the growth of the market – especially for life and health insurance – it also brought about a major transformation in the way we live, work and relate to one another.  With digitalisation and technological innovations revolutionising the industry, the theme of this year's online gathering is on "Winning Strategies in a New Digital Economy".

The Virtual Summit will deep dive into several pressing themes most-relevant to the regional industry: "Unlocking Market Opportunities – Digitalisation, Partnership and Collaboration"; "Re-Imagining Service Innovation and Digitalisation Priorities"; "Building Cutting-Edge Insurance Products and Delivering Growth"; "Enhancing Customer Experience and the Future of Agent Distribution Channels"; "The New World of InsurTechs – From Threat to Opportunity"; and "Embedded Insurance – Hype or Game Changer?"

Regional and International thought leaders and industry professionals leading discussions and sharing their insights include: Dr Sovathana Hor, Deputy Director General, Insurance Regulator of Cambodia (IRC); U Thant Zin, Deputy Director General, Financial Regulatory Department, Ministry of Planning and Finance (MoPF), Myanmar; Arup Chatterjee, Principal Financial Sector Specialist, Asian Development Bank (ADB); Conor Donaldson, CEO, Global-Asia Insurance Partnership (GAIP), Singapore; Manoj Pandey, Advisor, Access to Insurance Initiative (a2ii), Germany; Kim Am, Asia Regional Coordinator, Microinsurance Network, Luxembourg; Robert Drysdale, Head of Southeast Asia, Descartes Insurance Asia, Singapore; and many other distinguished speakers and panellists  from the insurance eco-system.

Maggie Tan, CEO of the conference-organizing company, Magenta Global (Singapore), said: "There is a lot of disruption in the financial services sector. This is a real opportunity to bring new ideas into insurance, and spur creativity and innovation. The insurance penetration in South East Asia is low, hence there is plenty of room for growth. We are very thrilled to host this summit."

Industry Partners of this Virtual Summit include Parametric Insurance Underwriting Sponsor Descartes Underwriting along with Industry Partners Cambodian Association of Finance and Technology (CAFT), Myanmar Insurance Association (MIA), and Lao Insurance Association (LIA).

Enquiries on the Virtual Summit and how to register can be addressed to organizers at jose@magenta-global.com.sg.