Insurance Market Growth Prospects
Development of the insurance industry with reference to economy and society. Opportunities and challenges within the framework of the new digital economy
- Consumers’ reduced purchasing power is considered the main reason behind the insurance industry’s crystallized market share on the country’s GNP. However, there are many more relevant explanations. Companies’ self-criticism on their responsibilities relating to this problem.
- What is needed in order to achieve more extroversion? Ways to raise insurance awareness.
- Relationship between the State and the insurance market today. Measures already taken and problems that need to be fixed. New mechanisms for tracking down uninsured vehicles.
- Insurance Innovation – Digital transformation. From traditional approaches to new applications. Hurdles and opportunities.
- Insurance companies’ imprint on Corporate Social Responsibility.
- Job opportunities: which market sectors are in more need of human resources.
The 3 insurance pillars and the future of Professional Funds. Burning issues related to healthcare and pensions. Successful PPP (Public & Private Partnerships) models and prospects of new synergies in various insurance sub-sectors
- Assessments and first findings of the research on Pensions and Growth conducted by IOBE (Foundation for Economic and Industrial Research).
- Pensions: how will pension insurance plans evolve in the current domestic and international landscape?
- Pan-European Personal Pension Product (PEPP).
- How are health insurance premiums calculated? What factors affect them? Future prospects.
- Partnerships between insurance companies and clinics/medical centers.
- Further prospects in the healthcare sector, potential synergies in dealing with natural disasters.
- Incentives that the State needs to offer to households and businesses for the promotion of insurance products.
Natural Disasters: Insurance companies as “dei ex machina”
International trends & the Greek reality. Measures for tackling emergencies and natural disasters.
- Insurance coverage of natural disasters: is it costly or cheap? Myths and realities.
- Deadly floods in Mandra, Attica, and the tragedy in Mati area, Attica. How did insurance companies react? Has anything changed in the way citizens view natural disasters now?·
- Real estate market and compulsory insurance. What can be achieved in these sectors? The role of the State.
- Earthquakes: an enduring threat for Greece – Fire: are we ready for another “hot” summer?
- The global “big picture” and insurers’ losses. Urbanization and the increase of “secondary risks”.
- What is the current landscape in the area of catastrophe bonds (cat bonds)? Trends and projections related to developments in the global market.
- How could the utilization of new technologies provide solutions for the complexity of insurance policies?
- What are the latest products developed by insurance companies? How can the latter and the State work together?
New Challenges in Insurance Mediation
Insurance Brokers vs Agents: what measures have been taken, the next steps and the distinct role of each insurance professional
- The role of the IDD (Insurance Distribution Directive) and the Code of Conduct: what are the benefits?
- Results of application of the Single Insurance Registry.
- Consumers protection. Fraudulent practices and the market’s response.
- The new landscape after re-structuring of the sector through portfolio acquisitions and mergers.
Sales and innovative products – New trends
Which insurance products do consumers need? Which products and solutions add value to the insurance market?”
- Products or ecosystems? From traditional ways to find customers to sales professionals and consultants.
- Clients’ demands. What do customers seek nowadays? Cross selling.
- Contract transparency: what changes need to be made?
- Ways to approach customers. Payment and compensation. The correct way to use lists.
- The role of technology and education in effective information and product development.
- Successful product models in the sectors of healthcare, pensions and savings, property and car insurance. Insurtech and retail products.