INSURTECH SUB-COMMITTEE

Vision

The SFA InsurTech Sub-Committee is formed to promote the adoption of technology and new digital business models as well as foster collaboration between start-ups, ecosystem participants, Insurance Industry and regulators. Represent the interests and be the voice of InsurTech ecosystem in Singapore and help represent the SG InsurTech outside of Singapore.

Promote the adoption of inclusive and unbiased standards and frameworks when developing InsurTech solutions and advocate fair collaboration between InsurTech’s and Financial Initiations.

Mission

To foster the development and growth of broad InsurTech ecosystem in Singapore by working collaboratively with various stakeholders in the Industry in 4 key areas of focus:

1. Engagement with Regulators

2. Engagement with the Industry

3. Nurture the Development of Insurtech companies and ecosystem

4. Talent Development

Key Areas of Focus

Asset 10@4x

ENGAGEMENT WITH REGULATORS

a) Represent the InsurTech community in Singapore and engage with regulators in a constructive discussion regarding current and future state regulation, market structure and practices of Insurance Industry and the role of InsurTech.

b) Be the independent voice and bridge between the InsurTech ecosystem and the regulators.

Asset 11@4x

ENGAGEMENT WITH THE INDUSTRY

a) Organise events to promote InsurTech innovation, solutions, companies and latest thinking and collaboration between InsurTech’s, Financial Services and the broader ecosystem.

b) Support InsurTech ecosystem by providing market insights, opinion on current and future market and industry development.

c) Foster the mutual understanding of needs and key challenges faced by the Insurance Industry and the capabilities of InsurTech.

Asset 9@4x

NURTURE THE DEVELOPMENT OF INSURTECH COMPANIES AND ECOSYSTEM

a)  Work with other associations in Singapore and elsewhere to broaden the application of InsurTech and growth of broad InsurTech ecosystem.

b)  Facilitate the development of the partnerships, collaboration and growth of InsurTech ventures.

c) Support the development of the ecosystem through collaboration with other associations and provide a platform for collaboration and building connections through formal and informal events and activities

Asset 8@4x

TALENT DEVELOPMENT

a) Work with tertiary institutions in Singapore to promote the concept of InsurTech.

b) Facilitate the adoption of international expertise in Singapore through the exchange of knowledge (and attracting capabilities and talent).

c) Facilitate connecting industry experts to advise and mentor InsurTech companies.

InsurTech Sub-Committee 2020

Tomasz

Tomasz Kurczyk

Chairman, Insurtech Sub-Committee

Chief Transformation and Digital Officer, AXA

Executive Committee Member, Singapore FinTech Association

Chia Hock Lai

Chia Hock Lai

CEO, Switchnovate

President, Singapore FinTech Association

WhatsApp Image 2020-06-17 at 11.49.46 PM

Subhajit Mandal

Head of Products, Symbo Insurance

Namrata Jolly

Namrata Jolly

Senior Advisor, pinbox Solutions, Singapore

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Hugh Terry

Founder, The Digital insurer

Woody Mo

Woody Mo

CEO, eBaoTech Corporation

Asset 1@4x

Michael Cheng

Head of Business Technology, AON