Could digital insurance as a service turn the industry upside-down?

CINDY LEE | May 5, 2018

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Digital disruption has been rife in many industries often catching established players unaware. Only with the benefit of hindsight are we able to pinpoint the turning point and appreciate how the new players changed the game. In the last few years, we have all come to know the stories of the “Ubers,” the “Amazons” and the “Spotify” that turned their industries on their heads. Digital Insurance as a Service has the same potential to turn insurance upside down. Digital Insurance as a Service is, basically, digital insurance right out of the box. It is an integrated, end-to-end approach to insurance technology that leverages a partner to seamlessly bundle together industry-leading insurance applications, infrastructure, and business process services into a single solution. It’s a consumption-based approach to digital insurance transformation, making it ideal for insurers adjusting to a more consumption-based market environment.

Spotlight

Bupa Global

We offer premium medical insurance plans for globally-minded individuals and businesses, as well as single-trip and annual travel insurance. Health Insurance Plans. Our health insurance plans offer direct access to private medical healthcare and the freedom to choose treatment from some of the best facilities and medical professionals worldwide. We aim to give you access to the medical provider of your choice – and if you select from our network of 1.2m independent medical providers, we can usually pay them directly.

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