Tuesday, February 14, 2017

Insurance Institute, "IoT, will lead healthcare and insurance industry Artificial Intelligence"



[Korea gimmingyeong financial newspaper reporter] Insurance Institute held its 43rd insurance executive and CEO Breakfast Meeting at Seoul Plaza Hotel in 14 diamond holes.

In the breakfast room the day deulmyeo insurance industry representatives shared the whereabouts of a hundred are attending. In particular gimseokyoung Insurance Institute announced the "4th industrial Revolution and the Future of Insurance" and suggested ways to go to match the insurance industry in a variety of industrial revolution penetrated into various industries.

Gimseokyoung researcher defines the Fourth Industrial Revolution as "manufacturing information and communication technology (ICT) convergence describe the 'naenwatda and the outlook for consumer-oriented production system.

First analyzed IoT ecosystem is connected to a new growth model will be presented to the insurance industry. Life insurance companies will provide services for managing the daily lives of consumers through the IoT, accordingly IoT businesses to connect with consumers insurer was expected to launch a new insurance industry.

Also it said that the expansion of health care services in accordance with the protection-type insurance is expected to work closely with the hospital. Only between the insurer and the hospital also said that there is a danger of collision with medical insurance and additional services.

High alpha and Watson artificial intelligence was also mentioned in the insurance industry to bring change. In particular, AI expects to accelerate product and service competition by alternative sales channels have emerged as a new organization, the architect gradually.

Some insurance companies in the process has also forecast that can be converted into a health care services company specializing in daily life, based on insurance products.

Gimseokyoung researcher explained that requires authoritative interpretation or amendment of the Insurance Business Act, the supervisory authorities in accordance with these.

When a hospital or IoT companies entering the insurance industry need to review the regulation and supervision plan for it, and said that the particular medical law, the Privacy Act requires a comprehensive consideration of the revised Insurance Business Act, and the like.

Insurers also predicts continuing the current strategy of selling a variety of goods, or that a decision on a growth model need to switch to a professional insurance company focusing on specific areas.

Gimseokyoung Research Fellow finish a presentation, and added that the construction of the necessary training and cooperation of the organization for the new environment caused by the Industrial Revolution 4th.



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