Despite economic turbulence and sector-wide risks, S&P Global Ratings has improved the sector's outlook, from negative, attributing the upgrade to underwriting performance and strategic pricing.
The integration of technology including AI, Machine Learning, and parametric will reshape the insurance industry and are key to its growth, according to Debasish Panda.
Ng has been promoted to Division Head of Consumer and Bancassurance and Kwan promoted to Division Head of Property & Casualty (P&C) and Head of Independent Distribution Partners (IDP).
This year's scholarship takes on the theme of AI applications within the industry and provides the opportunity for future leaders to win NZ$10,000 (US$5.9k) towards professional development.
Apex Insurance New Zealand was founded in 1999 and has grown to become one of NZ's largest privately-owned insurance brokers, serving the mid-market and SME segment.
12 insurtechs join the 11th cohort of Lloyd's Lab, with Fermat CO. LTD, Floodbase, Proto Labs, and Renew Risk selected for the Asia Pac regional theme.
