CEO Panel Discussion: Onboarding Millennials to Life Insurance PlansET Edge
A conversation around onboarding millennials on life-insurance plan took place in the other CEO panel titled – Onboarding Millennials to Life Insurance Plans. The panelists shared their views on millennial mindset, their buying behavior and how technology can be used to cater to their need and help insurer win their mindshare. The panelists also discussed on the future of insurance products. They stressed on the importance of simpler, smaller, flexible and intuitive product and need for continuous research with data-based analytics for designing such products. Some of the current trends such as bite sized insurance, wellness connect, social ninjas etc. came up during the conversation.