A group of employees in the company may get group insurance. However, it does not imply that the group must follow a uniform set of guidelines that apply to everyone. Customization and personalization are now essential for creating a sense of community in the workplace. No longer does corporate insurance come with a standard playbook. Some people may wish to include their parents, while others may desire pet insurance. Today, it is believed that mental health is just as vital as physical health and should also be insured. Those who rely largely on blue-collar workers may require tailored rules to cover their last-mile staff, both on an individual and organisational level.
Points of discussion:
1. It has become crucial for insurance service providers to embrace the digital disruption as more and more consumers look for integrated digital experiences. And the same applies for the health segment of the insurance industry. Noting this, how do you think insurtech can make group health insurance more accessible and personalised.
2. Large corporations have consistently included health insurance as one of their rewards packages. However, it's not the same in smaller businesses that were previously hesitant to adopt technology into their system to streamline group health insurance. How do you see insurtech's supporting such businesses?
3. Can you tell us, how a tech enabled group health policy and wellness program can benefit employees?
Speaker Bio: Yogesh Agarwal, is the founder & CEO of Onsurity, which is one of India’s top 10 Innovative Fintech Start-ups recognised by The Digital Fifth and the India Insurtech Association as the Best Insurtech Debutante of the Year.
With 10+ years of experience, Yogesh is a chartered accountant and the world’s youngest Actuary – specialising in General Insurance from London and a Fellow of the Institute of Actuaries of India.
Before embarking on his entrepreneurial journey, Yogesh worked with KPMG, Universal Sompo General Insurance and Lux Actuaries and was responsible for actuarial valuation, pricing, analysing and designing insurance products for different insurance and reinsurance companies in India and outside India. He was also responsible for the overall actuarial function, financial well-being function, and risk management function of the company. Yogesh was an Employee Benefits Consultant to almost 300 companies in Asia, including top banks and insurance companies. Along with it, he was working as an Actuarial Consultant for multiple general insurance companies in India.