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Future of Insurance - Keynote Speaker on Risk
* Patrick Dixon has advised many of the world's largest insurance companies on global trends, opportunities, customer behaviour, fund management strategies and risk management. He has given Futurist keynotes at many of their largest corporate events, covering many global trends and their impact on the insurance industry.
Insurance is as fundamental to a stable and prosperous society as banking, hospitals and schools. Yet more than 3 billion people have never heard of insurance, do not know how it works, and have no idea how to get hold of it. Most insurance today is sold to a mere 1% of the global population who own 50% of all the wealth.
Expect rapid growth, therefore, of basic insurance in emerging markets where 85% of humanity lives, targeted mainly at the emerging middle class. Health insurance will lead the way, after insurance types that people are forced by law to buy, such as motor insurance. Expect a boost in many nations in sales of life or health products from tax rebates, especially where they are structured to contain an element of saving. Many who are unbanked today will gain their first insurance cover using a smartphone, or through micro-loans associations. Extract from The Future of Almost Everything....
Read more: Future of Insurance Industry - and re-insurance risks. Where will future growth in insurance be, what regions, nations and which will be the most important insurance products in these markets. Summary recent keynotes on Future of the Insurance Industry