Digital transformation is the doomed future of the insurance industry

According to the monetary financial news, Hamid Kordbacheh, the head of the Insurance Research Institute, said in a press conference held on the occasion of the 28th National Conference on Insurance and Development focusing on “Digital Transformation” in the assembly hall of the center on Tuesday, December 30, 2014: The conference is not an insurance day, because this conference is a platform for dialogue and discourse, and given the shortcomings of the insurance industry in this area, it is very useful to hold such a conference.

The head of the Insurance Research Institute added: The 28th National Conference on Insurance and Development entitled “The role of the insurance industry in economic prosperity, focusing on digital transformation” in two consecutive days, 13 and 14 Azar in person (senior managers of the insurance industry) and virtual (other interested) And with various programs such as celebrating insurance day, choosing the permanent face of the insurance industry in 1400, choosing the book of the year of the insurance industry, introducing managers and qualified employees of the industry, insurance festival in the media and also specialized lectures, 24 specialized panels and several virtual workshops will be.

Emphasizing the distinction and uniqueness of this conference, he added: “National conferences on insurance and development, especially in recent years, have been designed as a platform for dialogue, because addressing the issue of discourse due to the shortcomings in the insurance industry,” It is necessary. National conferences on insurance and development with this level of communication between members, experts and industry managers is unique and very valuable in its kind and has a special place because it provides a systematic and systematic dialogue between the audience.

Emphasizing that all the conference programs are aimed at creating a dialogue in the insurance industry, Kurdbacheh noted that 24 specialized scientific panels will be held at the conference, focusing on inter-industrial dialogue between industry and university experts and with a focus on digital transformation in the industry. It is insurance.

Kurdbacheh stated that except for 8 scientific panels that are managed by the Insurance Research Institute, other panels are held under the management of industry and the academic community and with the support of the research institute. He also announced the holding of a panel discussion with insurers for the first time at the National Conference on Insurance and Development.

Kurdbacheh added: “For three years, this conference has been held in two days, and this year the conference will be held in person with the participation of 300 to 400 people at the conference center of Al-Zahra University, and about 20,000 people will be online through various channels.” Discussions will follow.

He mentioned that the first day of the morning will be dedicated to the speeches of the invited officials, mentioned the Minister of Economy and the General Director of Central Insurance and CEOs of insurance companies about the officials present at the conference and said: “There is still news about the presence of government political officials.” Not finalized.

He added: out of 265 articles sent to the Secretariat of the Insurance and Development Conference, 29 articles were accepted for presentation in the lecture section, 69 articles were accepted as posters and 32 articles were accepted only for publication in the 28th Insurance and Development Proceedings.

The head of the Insurance Research Institute described the insurance industry’s neglect of digital transformation as the biggest threat to the industry, adding: “Measures have been taken in this area that are either incomplete or due to a poor understanding of digital transformation, while in 2030 the organization Work and manpower will change and it will be something else.

He warned insurance companies that if they do not saddle their horses, the country will not be able to interact with the world in the insurance sector, and the country’s insurance industry will not even be able to solve its problems. .

Kurdbacheh continued by pointing out that we in the country have not provided the necessary platform for big data, cloud computing and human resources development and skills enhancement: Of course, several smart companies have invested in these issues and formed dual management. In addition to traditional management, they have also paid attention to digital management.

The director of the Institute for Insurance of Epidemics and Pandemics, as well as climate change such as floods, earthquakes, fires, etc., are among the threats to the insurance industry, adding: The virus is one of the top three threats to the insurance industry worldwide.

“But in my opinion, the negligence of the insurance industry towards digital transformation is one of the serious threats that the insurance industry has not provided the necessary platform for big data, cloud computing and human resource development and increasing skills, which should be done,” Kurdbacheh said. On this platform, expertise and extensive studies should be prepared so that we can move in the world in digital transformation, and insurance companies should not neglect this fundamental issue for competition.

Ghanbarzadeh, the scientific secretary of the Conference on Insurance and Development, also mentioned that he had received 283 articles from the scientific secretariat of the conference and said: 61 articles have been accepted as submissions, of which 29 articles will be presented on the day of the conference and the rest on other days. That 69 articles have been accepted as posters.

It is worth mentioning that those interested in participating in the 28th National Conference on Insurance and Development will be informed. Due to coronary restrictions, the conference will be attended by a limited number of senior managers and experts in the insurance industry, and other interested parties can participate in the conference virtually. To be. All conference programs will be broadcast live and directly through the conference website at seminar.irc.ac.ir, the Insurance Research Institute page on the apparatus and Instagram pages of the Central Insurance of the Islamic Republic of Iran, the Insurance Research Institute, the Iranian Insurers Syndicate and insurance companies. . All participants, including guests and audiences who participate in the conference programs virtually after registration through the conference website, will be awarded a certificate of attendance. Receipt of the certificate is subject to registration and entry to the conference through the Insurance and Development Conference website.