ASM Webinar Series 2021 – Actuary’s Impact Through Lifestyle Products
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ASM Webinar Series 2021 – Actuary’s Impact Through Lifestyle Products

By March 31, 2021 April 27th, 2021 No Comments

Start Date: 20/04/2021 @ 11.00 a.m.
End Date: 20/04/2021 @ 12.00 p.m.
Venue: Microsoft Teams
CPD Hours: 1.0
Member Charge: RM 0
Non-Member Charge: –
Max No. Attendees: –
Invitation Type: Members Only
Sign up link:
Sign Up Start Date: 02/04/2021
Sign Up End Date: 16/04/2021
Write-Up File Download: Not available.
Presentation Slides: Not available.
Synopsis: “Lifestyle products” such as smart watches, shoes, weighing scale etc. are very informative about one’s behavior, as a part of a technology company, coupled with insurance capabilities, the company can completely understand the consumer in a seamless and efficient way.

Apart from improving pricing accuracy, these lifestyle products could also enhance many other parts of the value chain, like:

  • Distribution through micro-moment, e.g. notify dengue risks based on location
  • Product development and innovation, e.g. Holdall-policy
  • Underwriting, e.g. simple medical underwriting with health IoT
  • Claim automation and control, e.g. automatic and real-time claim based on flight status

Actuaries, who are high skilled in risk management with domain insurance knowledge, would be the perfect bridge to understand and prioritise customer’s protection. Then, we find ways to make the journey seamless, instead of force-fitting insurance into a digitalized ecosystem.

The Speaker

Mr. Lim Chong Sheng (Sirius)

Head of SEA

Mi Global Insurance

Learn More

  • Mr. Lim Chong Sheng (Sirius)

    Head of SEA, Mi Global Insurance

    Mr. Lim Chong Sheng (Sirius), a qualified actuary responsible to develop insurance strategy, capabilities and products/service offering within the Xiaomi Group, in regions across the globe including China, India, South East Asia, and other parts of Europe.

    Before Xiaomi, Sirius has previously worked in Audit/Consulting firms and regional insurance company. Experience mainly surrounds IFRS17, reserving/reporting, and other actuarial engagements within Asia (such as Greater China, Taiwan, Hong Kong and South East Asia).