• Insurance Practitioners interested to acquire new skills and knowledge in digital insurance
• Those who wish to learn how the world of insurance works and how technology solutions/platforms are weaved into the insurance value chain.

At the end of the programme, participants should be able to:

• Understand the traditional insurance value chain, products and distribution channels present in the existing insurance industry
• Appreciate the process of digital transformation journey for insurance
• Understand the Use of Data Analytics for Ratemaking, Reserving and Risk Controls
• Understand Big data and the application of modern data analytics in Insurance
• Know the use of Artificial Intelligence (AI) in insurance through the study of practical examples
• Know the use of Blockchain in insurance through the study of practical examples
• Appreciate the future trend and how the future of insurance-enabled value chains will look like
• Understand how value adding applications for insurance are developed through the study of practical Insurance examples

Introduction to Insurance Ecosystem and Traditional Insurance Value Chain

• Understanding of Insurance Ecosystem
• Understanding of Insurance Products and Distribution Channels

The Digital Transformation Journey

• Why Digital transformation
• A nutshell to Insurance system
• Trends of Insurance system design and development
• Risk and Governance

Introduction to Data, Data Science and Data Analytics

• Data Science vs Data Analytics
• Data Requirements for Exposure Analysis
• Data Analytics for Rate Making, Loss Reserving and Risk Control
• Data Storytelling / Visualisation

An in-depth Understanding of Artificial Intelligence and Deep Tech in Insurance

• Brief Overview of Artificial Intelligence (AI) / Machine Learning
• AI Solution Implementation in Insurance
• Brief Overview Big Data Analytics
• Big Data Analytics Implementation in Insurance

An in-depth Understanding of Blockchain and its application in Insurance

• What is Blockchain Technology
• How Blockchain help in Insurance Companies
• Blockchain Empowered Insurance Industry Databases
• The future of Blockchain in Insurance

The Future of Ecosystems and the Future of Insurance

• The Future Ecosystems
• The Environmental Ecosystem for Insurers
• The Cyber Ecosystem for Insurers
• The Digital Ecosystem for Insurers
• Concluding Remarks: The Future of Insurance

Raymond Cheung has over 20 years regional experience as an entrepreneur, portfolio manager, actuary, risk, compliance and ESG specialist. Raymond is currently the CEO of Basel Medical Group, a medical clinic chain in Singapore applying for Nasdaq listing.

Full Course Fee: SS$827.31 (incl. of 9% GST)

A 10% Group Discount is also applicable for organisations registering a minimum of three participants.

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Net Course Fee: S$599.61 (incl. of 9% GST and after 30% FTS funding) for Singapore Citizens below 40 years old and Singapore Permanent Residents

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Net Course Fee: S$327.31 (incl. of 9% GST and after 70% FTS funding) for Singapore Citizens aged 40 years old and above

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This course is recognised under the Financial Training Scheme (FTS) and is eligible for FTS claims subject to all eligibility criteria being met.

Please note that in no way does this represent an endorsement of the quality of the training provider and course. Participants are advised to assess the suitability of the course and its relevance to his/her business activities or job roles.

The FTS is available to eligible entities based on the prevalent funding eligibility, quantum and caps.  FTS provides up to 70% course fee subsidy support for direct training costs subject to a cap of S$500 per candidate per course subject to all eligibility criteria being met.

Find out more on www.ibf.org.sg.