To Thrive, Not Just Survive: The Need to Accelerate Digital Transformation in Southeast Asia’s Insurance Industry
Southeast Asia’s insurance industry is at a crossroads. Despite rapid economic growth and rising demand for financial protection, insurance penetration remains low. In fact, in many countries like the Philippines, it remains at 1.78%, while countries like Vietnam are at 2.8% and Indonesia is at 1.4%. One of the biggest barriers in the industry is its continued reliance on outdated…