Home to nearly one-third of the world’s population, several of the fastest growing economies and multiple countries with rapidly expanding populations, the Asia-Pacific region continues to present varying challenges for insurance carriers, managing general agents, captives, commercial organisations, and government entities across the region.

It is a common perception that insurance policies are complex, challenging, and designed to skew in favor of carriers.

The insurance industry world-wide is set to undergo a significant talent shift, with many existing positions filled by managers and executives with decades of knowledge set to fall vacant in the coming years.

It is a common perception that insurance policies are complex, challenging, and designed to skew in favor of carriers.

Cultural competency is critical for carriers wishing to grow and progress, as it will lead to better financial and claims outcomes, high-quality talent retention and many other benefits.