Insurance innovation still guided by fundamental principles
The life insurance industry must keep insurance fundamentals ‘top of mind’ when designing and implementing technology-backed risk solutions. This was among the messages shared by Munich Reinsurance Company of Africa Limited (MRoA) during its 2018 Life Client Seminar, hosted at venues in Johannesburg and Cape Town in September. In a presentation on emerging trends in global insurance markets a team from MRoA also reflected on how technology-backed innovation enhanced the outcomes of tried-and-tested insurance principles and practices.