Mr Lawrence Wong, Deputy Prime Minister, Minster for Finance, and Chairman of the Monetary Authority of Singapore, discussed the insurance industry’s role in enhancing its societal impact at the 2023 Global Insurance Forum. He emphasized the importance of supporting the transition to a net-zero economy, harnessing the potential of artificial intelligence, and cultivating the necessary talent. By aligning with the goal of achieving net-zero emissions, the insurance sector can contribute significantly to addressing climate change. Additionally, leveraging technology, such as artificial intelligence, can enhance efficiency and innovation within the industry. Lastly, developing the required talent pool will ensure that the insurance sector remains adaptable and capable of implementing these advancements.
HomeDIGITAL ASSETS REGULATORYsingapur_MAS"Driving Insurance Value: Insights on Transition, Technology, and Talent" - Keynote Speech...