This document discusses digitization in the life insurance industry. It begins by noting the increasing penetration of internet and mobile devices globally. It then outlines how digitization can add value across the entire life insurance product lifecycle, from actuarial work to marketing, sales, policy administration, customer service and data analytics. The document also provides recommendations for efficiently implementing a digital strategy, such as gaining stakeholder support, managing customer expectations, and overcoming potential hurdles like distributor resistance or organizational culture differences. It emphasizes the need for a holistic, carefully managed approach to digitization in order to fully realize the benefits.