In today’s dynamic landscape, insurance brokers play a pivotal role in navigating the complex terrain of risk management. With an ever-expanding array of insurance products and services, brokers act as trusted advisors, guiding individuals and businesses towards tailored coverage solutions.
Speakers at the 12th Asia Insurance Brokers’ Summit discussed how the broking industry needs to embrace digital transformation, optimise efficiencies of processes, the value of client experience and to recognise that brokers are not merely providers of insurance but partners in safeguarding the financial well-being of clients.
Marsh Asia president James Addington-Smith shared his insights on risk importance, risk concerns among executives, assessing and mitigating such risks and the future of technology shaping and supporting ideas.
“Environmental risk has gotten more challenging than before. Climate change is evolving and the world is getting hotter. Yet, environmental risks seem to be falling off the priorities of the executives. In 2015, the task force for climate-related financial disclosures (TCFD) was initiated and companies came under scrutiny to compare and improve their…
