InsurTech: taking life insurance to the next plane | FinTech | Enterprise Innovation

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Guy Mills, Chief Executive Officer, Manulife (International)

Life insurance policies are traditionally taken for the purpose of ensuring the policyholder's loved ones remain financially secure should unforeseen circumstances occur.

However, present-day insurers recognize that it is no longer business as usual. It is hardly enough to have an insurance policy to protect against typical causes of death – be it accidents, illness or old age. Consumers wish to enjoy life for "the moment", and insurers who recognize and tailor insurance products for this need will benefit.

via www.enterpriseinnovation.net