Leader’s Roundtable: Smarter Insurance: Embedding Intelligence Across the Value Chain
The insurance industry is navigating a critical moment of change, where data, automation, and governance are increasingly central to how insurers serve customers, manage risk, and maintain growth.
Many firms still struggle with fragmented workflows, siloed information, and rising client expectations, creating bottlenecks across the front, middle, and back office. At the same time, regulatory obligations and competitive pressures demand greater operational resilience, speed, and efficiency.
These pressures are driving insurers in Singapore to adopt AI, with Ecosystm research highlighting the key priorities:
- 50% Improvements to customer experience
- 47% Innovation of products & services
- 45% Cost reduction through process optimisation
Intelligent workflows and AI-powered platforms offer a way forward. By connecting tasks across departments, unifying data, and delivering real-time insights, they streamline and automate operations, accelerate underwriting and claims, and enable faster, more informed decisions. They also free staff from routine work, reduce operational costs, and enhance the customer experience, directly addressing the inefficiencies that have constrained growth and agility.
Join a select group of senior insurance executives in Singapore for a closed-door roundtable to explore these transformative solutions, share perspectives, and benchmark real-world journeys.
During the roundtable, we will cover:
- Reimagining the Front-to-Back Journey. How AI-driven workflows connect underwriting, servicing, and claims with customer engagement, improving coordination, efficiency, and experience across the value chain.
- Operational Resilience & Risk. Integrating compliance, risk, and continuity across the organisation through automation and adherence to regulatory standards (BNM RMiT, MAS TRM, DORA, IFRS 17).
- The AI-Native Core. Applying intelligent automation to speed up underwriting, policy servicing, and claims while improving efficiency, agility, and cost control.
This facilitated leaders roundtable will bring together industry leaders shaping the future of insurance, where digital, data, and AI converge to redefine customer experience, performance and resilience.
Coforge
Coforge is a global digital services and solutions provider that helps businesses transform through technology. Headquartered in India, the company specializes in digital transformation, AI, cloud, data, and automation, with a focus on industries like banking, financial services, insurance, and travel
ServiceNow
ServiceNow is a cloud-based platform that automates enterprise workflows across various business functions like IT, HR, and customer service. It uses AI-enhanced tools to help organizations streamline processes, improve efficiency, and enhance user experiences by connecting applications, departments, and systems
Ullrich Loeffler
Co-Founder & CEO, Ecosystm
Ranjit Nair
Vice President Product Engineering, Coforge
Sam Abdullah
Head of Solutions Consulting, SG Enterprise and Financial Services, Asia, ServiceNow
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Please see below some images and key takeaways.
Key takeaways from the session include:
- Ecosystem Standards: Unlocking AI at Scale. Without shared data standards across brokers, reinsurers, and TPAs, internal systems hit structural limits. Industry-wide alignment turns isolated efficiency gains into system-level transformation.
- Commercial Lines & Risk: High-Value AI Opportunities. Early wins sit in personal lines, but the real impact lies in commercial lines and risk. With expertise in short supply, AI can scale underwriting, strengthen risk modelling, and accelerate product innovation.
- Misaligned Business Cases: Internal Roadblocks. Conflicting priorities across IT, Underwriting, and Finance stall progress. Clear executive alignment and shared outcomes are essential to move beyond incremental change.
- Regulation: Barrier or Excuse. Regulation is evolving – but internal hesitation is often the bigger brake. Cultural and behavioural barriers must be addressed alongside compliance.
- GCCs: Strategic Modernisation Hubs. GCCs are shifting from cost centres to capability engines, centralising expertise and scaling secure, production-ready AI architectures.