VIETNAM INSURANCE SUMMIT 2019

Hosted by the Ministry of Finance, the Department of Insurance Supervisory and Management, the IEC Group and the Vietnam Insurance Association co-organised the Vietnam Insurance Summit 2019 with the theme” Breakthrough strategy for the development of Vietnam’s Insurance Industry in the 4th industrial revolution” on November 13-14, 2019 at InterContinental Hotel Saigon, HCMC. Ho Chi Minh. The event was proposed to be organised every year with the participation of state management agencies in the insurance industry, domestic and foreign promotion organisations, insurance enterprises and IT solution providers for the industry. Insurance.

Vietnam Insurance Summit 2019 includes 01 High – level, 02 conference sessions and International Exhibition. The event successfully attracted more than 800 delegates from the Government, different sectors of Vietnam’s economy, and financial institutions…

With the theme “Breakthrough strategy for the development of Vietnam’s Insurance Industry in the 4th industrial revolution”, Keynotes brought participants a panoramic view of the situation. Vietnam Insurance Market in 2019 and development trends in the context of the 4th Industrial Revolution and the Digital Transformation period. The leading experts in the field of domestic and international insurance shared experiences on the implementation of development projects, technology applications in the business of the industry. In particular, the highlight of the event was the Plenary Session with the participation of senior leaders who are CEOs from leading insurance groups in Vietnam such as Bao Viet, Generali, Bao Minh…

At conference session 1, representatives of Insurance Administration and Supervision Department, Department of Financial Informatics and Statistics, Ministry of Finance and representatives of typical businesses, insurance groups and technology discussed solutions “Application of technology to improve operational efficiency and risk management for insurance enterprises before the request of digital transformation”. In addition, breakthrough technological solutions for the development and transformation of the insurance industry were introduced by speakers from FWD, Aviva, MAYO Human Capital, RDS … At the same time, discussion section gave participants the opportunity to listen and talk about the difficulties and challenges in the technology application process, and then propose solutions to support the deployment.

Concurrently with Session 1, conference session 2  focused on “Modernising distribution channels – improving the quality of products and services towards customers” created a space for security experts. experienced insurance from Bao Viet Life, Cathay Life, Qoala, Appman, … presented solutions in building payment channels, innovating payment methods, new distribution channels as well as developing insurance products to get customers.

In addition, the Vietnam Insurance Exhibition 2019 brought together nearly 20 booths of typical insurance enterprises, leading domestic and international technology corporations, and consulting and solution providers. : Manulife, Prudential, Bao Viet, Generali, Dai-ichi, PJICO … presented practical experiences about digitised insurance products and solutions.