In this web session, we discuss present trends relating to life insurance products and the development of life insurance products. We will deal with savings, retirement as well as risk products.
With respect to savings and retirement products, we will tackle the challenge of combining safety and performance opportunity in the low interest environment. In this context we will also discuss investment-linked risk products.
With respect to the development of life insurance products, we talk about how a modular product development approach and cooperation can accelerate and innovate the development process which finally will also help at sales.
Risk products as term life, income protection and long-term care are important parts of the portfolio of a life insurer. Beside the well-known occupational disability cover, essential ability covers have seen an enormous development e.g., in Germany over the last 10 years as an inexpensive, but nevertheless powerful disability cover. Insurtechs and startups offer additional benefits and improve processes as underwriting and claims management. A short look at machine learning tools to derive best estimate rates will complete the web session.
If you are looking for insights into the latest product trends in life insurance, then joining this we session is a must!
Organised by the EAA – European Actuarial Academy GmbH