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Insurance protection gaps and the role of technology - Interview with Fabian Sommerrock

Dr Fabian Sommerrock, co-author of the report 'Harnessing Technology to Narrow the Insurance Protection Gap', discusses the impact of technology on the insurance industry and the role technology can play in addressing global protection gaps, presenting some key findings from his report.

Watch the Protection Gap playlist on YouTube.

 

What is the 'global insurance protection gap'? Interview with Dr Kai-Uwe Schanz

Dr Kai-Uwe Schanz, co-author of the report 'Harnessing Technology to Narrow the Insurance Protection Gap', discusses some causes of insurance protection gaps and why it is crucial to address them, presenting some key findings from his report.

Watch the Protection Gap playlist on YouTube.

 

Press Release: Harnessing Technology to Narrow the Insurance Protection Gap

Leading think tank of the international insurance industry, The Geneva Association has published a new report that describes how digital and other modern technologies can be harnessed by the insurance industry to narrow insurance protection gaps in mature, and especially in developing insurance markets, by enhancing the awareness, affordability and attractiveness of insurance products and solutions.

The Global Insurance Protection Gap: Assessment and Recommendations

This report presents an overview assessment of the current state of underinsurance in non-life, life and pensions insurance. It also proposes specific actions by the insurance industry in collaboration with governments that can help close the protection gap and thereby add to their contribution to economic development.

Harnessing Technology to Narrow the Insurance Protection Gap

The global protection gap is one of the most pressing issues facing the insurance industry. It goes far beyond missed commercial opportunities. The more threatening aspect is a severe lack of societal resilience in many developing and emerging countries, where insurers hardly play any role when it comes to mitigating the impacts of natural disasters or pandemics, for example.
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