EVENT: 'Digitalization' in the Insurance sector takes spotlight at the Fourth edition of InsureTek 2022.

21 February 2022 —
Schedule from 9th - 10th Febuary 2022, the fourth edition of the InsureTek 2022, successfully concluded in Dubai. Organized by Biz Events Management, the event brought together top industry stakeholders, decision makers and experts under a single roof. Dr. Haidar Al Yousuf, Managing Director Al-Futtaim Health, Ex CEO Health Funding - Dubai Health Authority and Ali Fareed Lutfi, Head of Payer Regulation, Dubai Health Authority were the esteemed guests at the event. PRIMM supported the event as a Media Partner.

From underwriting to Claim management everything in the insurance market is undergoing a reformation. With increasing risk claims, insurance companies are taking effective measures to strengthen their foothold and provide a modest resolution to their claim issues. While the tradition method tends to be complicated, intricate and needlessly overwhelming, it has become critical for the insurance providers to find a middle ground to provide an accurate yet breezy service to their customers. Studies reveal that digital-driven claims settlement process may improve customer satisfaction by as much as 20% while reducing claims expenses by 25-30% by increasing efficiency.

The two day conference majorly focused on the recent tech trends that are reshaping the insurance sector. Engrossing panel discussions were organized during the event where the experts discussed on how the industry is adapting to the new dawn and integrating the latest tech trends to enhance their customer experience. AI also took the spotlight as experts from the industry reflected on how automation is reinventing the basic processes in the sector. They also contemplated on how digitalization facilitating greater opportunities for data collection and fraud detection that can lead to better risk identification and mitigation measures.

The awards - The Golden Shield Awards 2022 recognized the 'Bravehearts' of Insurance industry who have made a significant contribution to the industry and demonstrated innovative and visionary leadership. Industry veterans Mohammad Mazhar Hamadeh, General Manager - Al Ain Insurance Co. and Jason Light, CEO - Emirates Insurance Company were bestowed with the LifeTime Achievement Award in Management and Leadership respectively. Talal Bayaa, CO - Founder & CEO - Bayzat was honored with the InsureTek Young Leader of the Year - Technology award; Zahir Sharif, CEO - Now Health International was bestowed with the InsureTek - Excellence in Professional Services award and Mohamed Seghir, CEO AXA Green Crescent was presented with the InsureTek Young Leader of the Year - Insurance award.

To register or know more about the event, please visit https://www.insuretek.org/



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