Shows & Events: ITC Asia Announced for June 2020, Suntec Singapore Venue

Not another insurtech show you say? Yes, but there some good reasons why the Far Eastern markets are well worth a look. Here’s the word from the organisers of the Insurtech Connect (ITC) Asia show, scheduled for June 2020.

A look at the numbers also helps explain why Asia and the broader APAC region are so compelling:

  • $3.8 Billion – The amount already Invested in Asia-Pacific insurtechs
  • $1.69 Trillion – The combined net premiums for APAC
  • 42% – The percentage of Global net premiums expected to be generated by APAC by 2029
  • 6x – The number of Millennials in the region compared to the United States and Europe… combined

Analog and Digital Unite.
One factor that makes Asia so compelling is that unlike many other markets where it is either analog (agents) or digital (direct to consumer), Asia is and will be both for the foreseeable future. Offline distribution is only increasing, and online distribution is only increasing. The agent of the future is very much alive and well, and at the same time Asia has pioneered some of the most innovative online distribution models, e.g., when it comes to embedded insurance, no other market is even close.

Mark Your Calendars for ITC Asia 2020.
Upwards of 1,500 people will attend ITC Asia, 2 – 4 June 2020 at the Suntec Convention Centre in Singapore. For more information, visit InsureTech Connect Asia

About InsuranceEdgeEditor (2209 Articles)
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: