FS Brew- Insurtech and insurance in the Middle East

In this insightful episode of FS Brew, Arijit shares his diverse experience spanning from being a corporate lawyer to leading InsurTech ventures. Discover: ✅ The story behind CoverGenius' cutting-edge embedded insurance solutions for digital giants like Booking.com, eBay, and Shopee. ✅ How CoverGenius leverages AI, NLP, and data science to revolutionize pricing, product innovation, and claims pr...

In this in-depth podcast interview, insurance legal expert Anand Singh from Al Tamimi & Co. discusses the major new insurance regulations introduced in the UAE in 2023. He provides insights into the context, impacts and implications for insurers, brokers and the overall insurance ecosystem. Key Topics: 1. The 2023 UAE insurance regulations cover basic governance, risk management, business planning...

🔥 Insider Insights: Marsh McLennan CEO Unfiltered 🔥 Renée McGowan, CEO of Marsh McLennan for the Middle East, India & Africa, gets candid about leadership, Gen AI's impact on insurance, and tackling climate risks. 🌟 Highlights Include: - Her transparent leadership style that empowers teams - How their innovative 'Len AI' is transforming client solutions - Navigating the diverse regulatory lands...

Hosts, Vidya Veerapandian and Renjit Philip review four news pieces from the UAE insurance industry: - HAYAH Insurance's app called TRIBE BY HAYAH- a great move by the team, creating a more comprehensive 'fintech' proposition starting with term life, medical insurance, and savings-linked investment products - Sukoon Insurance and WAX partnership- opening up a whole new way of segmenting target aud...

This episode provides an in-depth look at the journey of Mohab Aboueita, co-founder and CEO of Amanleek, a digital insurance brokerage in Egypt, and his insights into the insurance and InsurTech industry. The discussion covers Mohab's accidental entry into the insurance sector, the foundation of Amanleek, challenges faced in scaling the business, strategies for customer acquisition, co-founder...

A wide randing conversation with Shady El Tohfa, the CEO of Amenli, a digital broking company in Egypt. Key learning opportunities for an Insurtech founder in the Middle East include: 1. Recognizing the low insurance penetration in the region as an opportunity for digital disruption. 2. Understanding the importance of regulatory compliance and adapting to local insurance laws. 3. Leveraging existi...

In this episode, we spoke to Rob Schimek, the Group Chief Executive Officer of bolttech, the fast-growing international insurtech. He is responsible for the company’s development and growth around the world. Before starting bolttech, he held leadership roles with AIG, FWD, and Deloitte, and has an MBA from Wharton School. Rob spoke about the evolution of bolttech, and the varied strategic decision...

In this episode of FS Brew, we explore trending insurance sector stories in the United Arab Emirates (UAE) and Saudi Arabia (KSA). Topics include significant employee benefit changes in the UAE, developments in unemployment insurance, the implications of the BOTIM app acquisition, and the introduction of e-monitoring for car insurance in KSA. The episode also gets into a discussion on the exciting...

🔍 Exploring Corporate Venture Capital with SE Ventures In a recent episode of the FS Brew podcast, Harald, the head of Venture Building at SE Ventures, shared some insightful perspectives on the role of corporate venture capital in shaping the future of FinTech. SE Ventures, the corporate venture-building arm of Standard Chartered Bank, operates independently, focusing on areas that complement th...

Here's the podcast drop of our interview with  Preeti Mundhra , CEO of Tree 🌳, a digital insurance company based in KSA.  Deep dive into the burgeoning Saudi Arabian market, its young consumers, and the impact on the insurance industry.  We spoke with Preeti at length on many aspects, including:  💡 the customer insights that went into creating Tree 🌳and how Millennials and Gen Zs are drivin...

Sure, here are some more details about the key highlights and learnings from the interview with Avinash Babur: Focus on the customer.  Avinash says that InsuranceMarket.ae has built a strong reputation by listening to customers and constantly improving their products and services. For example, the company regularly surveys its customers to get feedback on their experiences. This feedback is then u...

FS Brew  has been speaking to  #venturecapital  firms interested in  #insurance and  #insurtech  space to know more about what it takes to pique their interest. In this episode, we spoke with  Shwetank Verma , Co-Founder and Managing Partner at  Leo Capital  and Co-Founder of  India Insurtech Association .  He is passionate about insurance and has been championing the cause of insurtechs in his cu...

The emergence of Chat GPT and AI technologies has brought about a revolution in the insurance industry. These tools offer promising solutions to the complexity of data-driven insurance operations. Chat GPT, a large language model, can create chatbots that can process claims, answer customer inquiries, and even underwrite policies. AI, on the other hand, can assist insurers in analyzing data, ident...

FS Brew has been speaking to #venturecapital firms interested in #insurance and #insurtech space to know more about what it takes to pique their interest and get the fund in! In our first chat with a #venturecapital firm, we spoke with Ahmed Elgabri, an investment professional from Shorooq Partners, a leading #abudhabi based #vc firm with offices across #MENA and #pakistan. It was a super insightf...

Here's our latest podcast episode with Gautam Datta from Watania Takaful! When we interviewed him a few weeks back, the freshly merged Dar Al Takaful PJSC and #Watania entity were on the verge of revealing their new name, which he makes reference to in the interview. We had a great time speaking to him about a no. of things, ranging from: 🕰️ the timeline of this seemingly complex merger; how i...

Happy Women's Day! 👩🏻‍💼 To commemorate this year's international women's day, we spoke with three leaders from the UAE insurance industry. We asked them about their approach to advancing gender diversity and inclusion within the industry, navigating complex situations, and their leadership style. We also discussed in detail some of the common challenges women face in the insurance i...

In our latest episode, we spoke with Mohamed Seghir, CEO of HAYAH Insurance, UAE's recently branded insurance company that specializes in life, medical, and savings.   It was a delightful chat as we dug deeper into how Mohamed Seghir went about rebranding and redesigning the organization which was previously AXAGreen Crescent, before AXA Gulf's exit from the region. We spoke about HAYAH&#3...

FS Brew spoke with Lars Gehrmann from QIC Digital Venture Partners and got exclusive details about the #MENA-wide #startup challenge they recently launched!   We also spoke to him about the gaps in the insurance ecosystem in the region for innovative insurtechs to take shape here and what is QIC Digital Venture Partners doing to fill those gaps. Through this #startup challenge leading up to a summ...

In our first episode of #FSBrewInternational for 2023, we speak with the passionate and exuberant, Rohit Nambiar, Group CEO of Tune Protect, based in KL Malaysia! This interview was a playbook on how to run an insurance company that is 'fit-for-purpose' in all aspects- customer, employee, business strategy, culture, partnerships...you name it, Rohit had clear views on what it takes to run...

UAE Insurance Market: 2022 Roundup and 2023 Predictions. Today we have a very special episode on how 2022 has been for the insurance companies in the UAE so far and potentially what that means in terms of how we will be ending the year and setting the tone for 2023. Has 2022 been one of the worst years for the insurers? Will 2023 be any different? To answers some of the burning questions, we have...

In FS Brew's latest HYPE episode, we deep dive into Open Insurance to understand:   - What is open insurance? - Who are the suitable partners who can benefit from open insurance - International examples & use cases - Business and technology readiness to build open insurance capabilities - Product lines and sectors that make sense for the region to benefit from open insurance  - Finally, th...

Here's our interview with Walid Daniel Dib, Co-founder, and CEO of Hala Insurance, the OG millennial insurtech founder from the #UAE!  We spoke with Walid on many nuances and factors involved in running an agile insurance start-up brand like Hala:  🎯Hala's business model- tech seems like the starting point...surprisingly, it is not!  🔍Test & learn culture- using hypotheses versus ass...

Here's our #newswithanalysis episode after long! 💃🏻 In this episode, we've picked trending #news pieces from the #uae market exclusively, because there's just SO MUCH going on!  🎂Shory - (we had to start with this!), our review about the Shory digital experience so far, their 'socially invested' angle and more   📄Policybazaar UAE - tie-up with Adamjee Insurance UAE to provi...

Here's our #FSBrewInternational interview with Andy Ann, CEO of YAS MicroInsurance based in #HongKong. Fascinating conversation and a must-watch for all #insurers aspiring to target or innovate to attract #genz and #millennials as their audiences.  We spoke extensively on many aspects of a customer lifecycle and innovation including:   🔬Extensive customer research to understand the psyche of...

We spoke to Roopa Malhotra- Head of Customer & Digital, APAC, Zurich Insurance Group  LinkedIn: https://www.linkedin.com/in/roopamalhotra  APAC is a hugely diverse, exciting and complex landscape to manage with each country having its unique strengths and opportunities. We dug deeper into what it takes to drive digital transformation in the region, building on insurtechs innovation and incumbe...