The insurance sector is undergoing significant changes globally, and Asia is no exception. A wave of regulatory changes is sweeping across most Asian markets, focused on two common themes: promotion of a sound insurance system to protect policyholders, and ensuring a strong risk management framework among insurers.
The benefits of diversifying funding go beyond mitigating risk. The recently-held 2015 Falcon Group Dubai forum explored how the rise of specialist financing can also help corporates seize opportunities for growth.
The chief executive of the International Underwriting Association (IUA) - a membership organisation for authorised international insurance and reinsurance businesses operating in or through London - looks at how the risks of the future could develop and how the insurance industry might respond.
In this exclusive interview with gtnews, Andy Davies, CEO of CloudMargin, explains why treasury and finance professionals are moving on from relying solely on spreadsheets and are favouring more dedicated systems.