As the world transitions towards endemicity, the insurance industry faces rising inflation & fuel prices, low investment yields, supply chain issues, workforce disruption, all of which make this one of the most challenging times to run a business in recent memory.
KGiSL took the opportunity to participate as one of the sponsors to exhibit at the 26th Indonesia Rendezvous held in Bali, Indonesia from the 12th-15th of October. It was a unique chance for us to show how we can demonstrate value to the 552 insurance delegates attended to counter the broad range of risks they face in this dynamic world.
Some of the highlights of the participation was we were able to learn, interact and share the industry trending’s like the future of digital insurance, how to manage insurance business under the new IFRS17 standard and how insurers could quickly tackle evolving customer needs as it is critical to winning in today’s insurance industry.