Despite multiple currencies and government systems there is a major business opportunity not only in the region itself but also as a hub for Mainland China.
Developed with insurtech Kanopi, the platform will offer streamlined insurance solutions for the retirement living sector at launch, with new lines of business being added within the next year.
The Taiwanese insurer has utilised AI and data analytics to transform underwriting and claims processing in Taiwan’s highly competitive insurance market.
The application of AI can allow benefits including hyper-personalisation of products, but guardrails are key, experts said during an SAP Fioneer webinar.
