In my recent LinkedIn post I’ve explored why Singapore is one of the best locations for Insurance innovation and InsurTech. In summary, it has a lot of good things going for it: stability, strategic location within the region, and a nurturing entrepreneurship ecosystem. The ecosystem that includes VCs, regulator and a concentration of insurers innovation centers keen to bring in concepts that will help them remain competitive and drive down their operating costs.
Location is one pillar and ties back into the other key pillars of innovation: Mission and Transparency.
- Have a mission that matters = Make risk transfer as easy as taking an Uber;
- Be transparent, share and contribute back = InsurTechAsia Community;
- Location location location = Brexit and Singenter;
Check out my full post here and hope to hear your feedback: