【 BTIR Insights Unleashed: Syfe & Bowtie Seminar Sparks Financial Independence ??】 Embarking on an exhilarating journey through the intricate landscape of "Buy Term Invest the Rest" (BTIR), the recent collaborative seminar hosted by Bowtie Life Insurance Company and Syfe illuminated a pivotal shift in financial paradigms. Once dominated by salesmen, the realms of investment and insurance now witness a remarkable transformation. Recent research by Edelman underscores a significant trend: over 50% of Gen Z individuals opt for independent research, boldly shunning traditional agent reliance! ?? That's why we decided to team up with Syfe - when the need arises, we deliver! Over 100 eager participants joined us for an enlightening BTIR session, sparking numerous insightful conversations and paving the way for financial empowerment! ?? A heartfelt shoutout to the incredible Syfe team - Kevin Li, Mila Yuen, Morton LO - for joining Mingo Tsang. It was truly uplifting to collaborate with partners who share our unwavering belief in the paramount role of education in shaping the realms of Insurance and Financial Planning! ?? Let's continue to delve into the realms of BTIR together and pave the way for a brighter financial future! ??? #DigitalInvestment #DigitalInsurance #WealthTech #InsurTech #BTIR #RateCut #MarketOutlook #FintechAdoption #Syfe #Bowtie
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Listen to Michael Keating's recent conversation with Macaii on their podcast 'Changing the Conversation: The people in insurance', as he explores: ? - Market dynamics and capacity in the UK and globally - The growth of #MGA incubators, market entry, and the challenges and opportunities for new #MGAs in the UK market. - Education, diversity, and future talent You can listen to the full episode here – https://lnkd.in/ePW9Buim #InsuranceIndustry #Insurance
July has been a busy month for the Macaii team, earlier this month we interviewed Michael Keating, CEO Managing General Agents’ Association (MGAA) shortly before covering their conference! Here’s a reminder of what we covered and why the MGAA is such an important voice in the insurance community. This episode covers ·???????Market dynamics and capacity in the UK and globally ·???????The growth of MGA incubators, market entry, and the challenges and opportunities for new MGAs in the UK market. ·???????Education, diversity, and future talent You can listen to the full episode here – https://lnkd.in/ePW9Buim Don’t forget to subscribe to "Changing the Conversation" now! https://lnkd.in/dupyWrSE #changingconversations #community #macaii #insuranceindustry #industryleaders #insurance
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I love working with Graham and his brokers at WTW Networks. Writing a blog is a brilliant way insurers and brokers can engage their audiences, by explaining the insurance their customers need and why, without sounding like a robot (but still keeping the compliance team happy)! If you want to find out more DM me. #insurancebroker #insurer #mga #insuranceblogger #insurancecopywriter
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Insurance Times?rounds up the biggest stories from day one of Biba’s conference. Stay updated with all the latest news, analysis and interviews by checking out our exclusive #Biba2024 page! #UKGI #InsuranceNews #News #BrokerNews #BIBA2024
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I am participating in a case competition by Institute and Faculty of Actuaries (IFOA) which requires to design an innovative insurance solution for vulnerable and disadvantaged communities which is both sustainable and financially viable. It would be a great help if you could suggest which community we should target and how we can draw out an innovative insurance plan around it. If you are someone or know someone who can help us navigate some key nuances, please reach out ASAP in comments/DM. Your guidance will be invaluable. Even if you can't help us directly, please support this post for better reach. #casecomps #casecomp #NationalCaseComp #competitions #insurance #innovation
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You should consider partnering with old-age homes & orphanages to offer children & elderly people innovative insurance plans. Connecting the beneficiaries through the trusts or institutions who manage them you will gain their trust which would have not happened if you had directly sold them insurance plans and obviously other reason is there's no one to tell them about 'insurance'. You can also get in touch with local government body. This way you can help many underprivileged children & our dearly grandfathers and grandmothers under one roof. For children you can tailor insurance plan as : Donations received by the trust/institution can be invest in safer asset classes on behalf of every kid in the orphanage such that there is regular income flow which is invested in the education of every kid. And upon completion of term( which should be the time when the kid is of 18 years of age) the maturity amount is given to them for their higher education or to begin entrepreneurship or anywhere they want to use it. For elder people it could work as : It would be regular life insurance plan but with some adequate income stream which could be used for their medication and treatment or they can also use it however they want. Improvements in this idea will be appreciated !
AMFI registered, NISM Certified Mutual Fund Distributor | IRDAI Certified Insurance Agent | CA Inter Student | LinkedIn Content Creator | 59,000+ impressions |
I am participating in a case competition by Institute and Faculty of Actuaries (IFOA) which requires to design an innovative insurance solution for vulnerable and disadvantaged communities which is both sustainable and financially viable. It would be a great help if you could suggest which community we should target and how we can draw out an innovative insurance plan around it. If you are someone or know someone who can help us navigate some key nuances, please reach out ASAP in comments/DM. Your guidance will be invaluable. Even if you can't help us directly, please support this post for better reach. #casecomps #casecomp #NationalCaseComp #competitions #insurance #innovation
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MGAs are a growing force in the #insurance market. They embody speed to market, innovation, and entrepreneurship. So what are you waiting for? You know your product, you know the market, let's make it happen! ?? 7 days left to join 200+ members of the insurance community for a unique webinar on everything you need to launch an MGA...
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For this week's #EditorsChoice shines a light on what broker except from BIBA's 2024 conference. ?’I want brokers to get the opportunity to meet people that they otherwise could not reach,’ says chief executive Click on deputy editor James Cowen's story below to find out more. ?? #UKGI #InsuranceNews #ITexclusive #News #BrokerNews
What do brokers want from 2024’s Biba conference?
insurancetimes.co.uk
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Proud to have written a guest article about embedded insurance in a recent edition of the renowned St. Galler #trendmonitor.? Are you interested in developing your own embedded insurance proposition? Whether as a risk carrier, enabler, embedder or MGA/TPA, there is still untapped potential on the embedded insurance playground. Don't hesitate to get in touch with us to get innovative ideas and actionable insights from our embedded insurance practice. #embddedinsurance #neoinsurance #digitaltransformation #FutureOfInsurance #ivwtrendmonitor
Our NEOINSURANCE? Team's insightful article has been published in #Trendmonitor by the Institute of Insurance Economics at University of St. Gallen! "Overcoming Cannibalization – Unleashing the True Potential of Embedded Insurance" examines the transformative impact of #EmbeddedInsurance (EI) in the #InsuranceIndustry. As markets continually evolve, EI stands out as a pivotal innovation, embedding seamlessly into the customer's purchasing experience and offering hyper-personalized solutions. We address the challenges and possibilities associated with EI, focusing on how traditional insurers can overcome the fear of cannibalization. We present various strategies for harmonizing EI with traditional channels, aiming for a brighter, innovative future in insurance. ??Make sure to check out this insightful article! Silvan Stuessi, Lukas Diener, Matthias Blum, Sarah Kull #Neoinsurance #DigitalTransformation #FutureOfInsurance #ivwtrendmonitor
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As an ex-life insurance agent, I feel the tension between intermediated and direct distribution, particularly for embedded and technology-enabled products. Ongoing innovations like parametric implementations will only exacerbate this, offering a compelling value proposition versus traditional products. How might a carrier bridge this gap? Shout out to my colleagues on the #NEOINSURANCE team who have written an interesting article highlighting strategies to overcome this hesitation!
Our NEOINSURANCE? Team's insightful article has been published in #Trendmonitor by the Institute of Insurance Economics at University of St. Gallen! "Overcoming Cannibalization – Unleashing the True Potential of Embedded Insurance" examines the transformative impact of #EmbeddedInsurance (EI) in the #InsuranceIndustry. As markets continually evolve, EI stands out as a pivotal innovation, embedding seamlessly into the customer's purchasing experience and offering hyper-personalized solutions. We address the challenges and possibilities associated with EI, focusing on how traditional insurers can overcome the fear of cannibalization. We present various strategies for harmonizing EI with traditional channels, aiming for a brighter, innovative future in insurance. ??Make sure to check out this insightful article! Silvan Stuessi, Lukas Diener, Matthias Blum, Sarah Kull #Neoinsurance #DigitalTransformation #FutureOfInsurance #ivwtrendmonitor
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?? Did you spot us in the month's issue of the BDMA newsletter? We're proud to be gold sponsor of the BDMA (British Damage Management Association) and the work that they do across the damage management industry. ?? If you're not subscribed, you can see the latest edition in the link below. #sponsor #damagerestoration #insuranceclaims #bdma
**The BDMA's February Newsletter** ? Are you subscribed to the BDMA's monthly newsletter? Our monthly newsletters contain business updates, industry news and member spotlights, and encompass a whole range of damage management sectors.? ? Why not take a read of our latest edition here: https://lnkd.in/dQM44i_c ? Email [email protected] to subscribe! ? #bdma #damagemanagement #disasterrestoration #insurance #propertyrestoration #bdmanewsletter Aspray Ltd AIM Building & Maintenance Services Ltd Paul Grant Jerry Gibbs Tria Prima Training
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