an informal and personal review of the RISE 2016 conference in Hong Kong from the point of view of digital insurance. Inspiring and exciting event

1. Hugh Terry, The Digital Insurer
RISE conference , Hong KONG CEC, 31st May – 2nd June 2016
RISE REVIEW – A DIGITAL INSURANCE PERSPECTIVE

2. RISE REVIEW
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• RISE HK is one of the largest start-up events in Asia
• More than 10,000 attendees and 750 start-ups over the course of 3 days
• Building in the success in 2015. This year saw more enterprise level
engagement
• Hugh Terry , from the The Digital Insurer, spent some time at the event
courtesy of KPMG – a major sponsor of the event (and a sponsor of The
Digital Insurer)
• This deck captures some personal favourites and comments – from a digital
insurance perspective. Please forgive all errors and omissions as the event
is too large to cover everything !
All Quotes from RISE site : www.riseconf.com

3. This is what it’s all about for the start-ups
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4. START-UP PITCHING
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• What the winners said: “We were confident
going into the final. We knew we were
going to make it.Here all people talk is
about Uber, Uber, Uber. But we told them
what we are doing and how we are
different from Uber. And they understood.”
• Digital Insurance angle: Great opportunity
for telematics insurance for taxi drivers?

5. Medi Guardians - India
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• Aiming to bring order to
medical tourism
• An eco system for an
ambitious health insurer?

6. Community, engagement … and gaming
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• Authenticity, passion and
immersion build a
community
• Think community before
ROI
• Should be borne in mind
as we build insurance
“eco-systems”
• ..And who is the
entrepreneur that will
success in gamifying
insurance?
Razer CEO Min - Liang Tan
On community: “for gamers, by gamers”
On gaming: “..But at its heart – at its core – it
doesn’t really matter about technology. It’s
about having fun.”

7. Daana - Canada
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• Many health & wellness
apps at RISE
• I liked this one as it has a
“ pay it forward” concept
– try before you buy

8. Finest - China
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• Your financial adviser on
We Chat
• The question for the
insurance industry –
which is needed most
gamification , better UI or
AI (Point of view: – all 3
for a chance probably…)

9. Some of the folks from the insurance industry who attended
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Simon Phipps @ KPMG
& Hugh Terry @ The Digital Insurer
…In the middle Peter Tam CEO of HKFI
…On the left Steve Monaghan
head of EDGE @ AIA

10. Cloud Memorials - Philippines
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• Obvious opportunities
here for insurers…

11. Cheers Wallet - Singapore
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• Payment platforms
compete with health and
wellness for popularity
• This one is from my home
City and has a great name
• They are looing at
borderless transactions

12. Prenetics – Hong Kong
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• This is the future of
medical testing
• Manulife have partnered
already

13. Sonny Vu @ Fossil / Misfit
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• Misfit was sold to Fashion group Fossil
last year (18 brands including Armani
and Kate Spade)
• He is working in the integration of
wearables into fashion items
• “Connected devices are the big story in
the fashion world”
• Speed of fashion world amazing
• Engineers working alongside fashion
designers - a marriage made in
heaven?
• Hybrid smart watches . Retain the
analogue watch look and feel.
• Could this help to make wearables
mainstream?Sonny Vu, founder of Misfit

14. Gennakerds / Insunity– Hong Kong
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• Who said Hong Kong is
not ready for price
competition in
insurance?
• Welcome Insunity who
are launching next month
• Go Bear and Compare
Asia will make for an
interesting market
dynamic in the next 12
months !

15. Facebook: reaching out to the next billion
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• Facebook serious about expansion
• Do we think Whatsapp will move
towards a We Chat type of experience?
Facebook Director of Global
Product Partnerships, Ime Archibong

16. Know Your customer - Ireland
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• Addresses the main pain
point in the onboarding
processing for financial
services
• But will Block Chain be the
preferred tech?
• And will Singapore be the
first government in Asia to
take a leaf out of the Baltic
States and offer it on an
adapted SingPass platform -
Just speculating

17. Biosis Plants - India
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• Information to the
farming community
• Insurance opportunities
are bound to follow…

18. And finally: the massage chairs @ KPMG
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In increasing demand during the day!