2015 Greater China Life Insurance Symposium Will Explore Life Insurance Innovations
WINDSOR, Conn., Aug. 12, 2015 — The LIMRA LOMA 2015 Greater China Life Insurance Symposium will take place Sept. 23–24 in Shanghai.
The conference, which has the theme “Profitability through Innovation,” comes as new research shows that four in 10 Chinese with investable assets of at least $1.6 million are not covered by life insurance.
“The lack of coverage can be improved with education about the importance of life insurance,” said Ian Watts, senior vice president and managing director, International Operations, LIMRA and LOMA. “To that end, we’ll have discussions about how to make your brand stand out, selling on mobile devices, bringing in good salespeople through social media, technology you can wear, what Chinese Millennials want and how big data analytics can help.”
Symposium highlights will include:
- A CEO panel, consisting of representatives of China Pacific Life Insurance Company Ltd., Huatai Life Insurance Company Ltd., Sino-U.S. United Metlife Insurance Company Ltd. and Taiping Life Insurance Company Ltd. Panelists will discuss the importance of putting customers first, dealing with regulations and adopting a digital mind-set.
- Results from a new consumer study of the Chinese market by LIMRA and the Society of Actuaries, in which people reveal their retirement needs and financial readiness
- A speech by Kaiser Kuo, director, Internal Communications, Baidu, China’s leading search engine. He will talk about how insurance companies can embrace technology better and think like Internet companies to stay competitive.
“Our meeting will give attendees the information and tools that they need to communicate the relevance of life insurance clearly to consumers in the Greater China market,” said Watts.
Executives and professionals in Greater China in strategic planning, recruiting, training and distribution channel management will attend the event at the Marriott Shanghai Hongqiao. The conference will be in Mandarin and English. Those who register by Aug. 21 will get a discount. For more information and to register, please visit: LIMRA LOMA 2015 Greater China Life Insurance Symposium.
LIMRA, a worldwide research, learning and development organization, is the trusted source of industry knowledge, helping more than 850 insurance and financial services companies in 64 countries. Visit LIMRA at www.limra.com.
Established in 1924, with 1,200 plus member companies in over 80 countries, LOMA is committed to a business partnership with its world-wide members in the insurance and financial services industry to improve their management and operations through quality employee development, research, information sharing, and related products and services. To find out more about LOMA and the learning opportunities it offers, visit LOMA’s website at www.loma.org.