Saturday, July 9, 2022, 5:59 p.m.
Come back once more! with the best insurance innovation contest of the year, OIC InsurTech Award 2022 under the concept “AWAKEN THE NEW POWER OF INSURANCE – transforming insurance without limits”, giving the opportunity for new generation innovators who are confident in their potential. Participate in activities to win cash prizes and other prizes worth more than 700,000 baht
The Office of Insurance Commission (OIC) by Center of InsurTech, Thailand (CIT) organized a press conference for the OICInsurTech Award 2022 Innovation Technology Competition under the concept of “AWAKEN THE NEW POWER OF INSURANCE – Transforming insurance without limits” at the meeting room, 2nd floor, Office of the Insurance Commission This is to create and promote basic knowledge on technology application in the insurance industry for students/students. Insurance personnel Personnel in Tech Firms, Tech Startup Groups, and the general public with interest and knowledge to develop insurance industry innovations effectively can facilitate the people who use the service Access to services more conveniently and quickly.
Dr. Suthiphon Thaweechaikarn, Secretary-General of the Insurance Commission (OIC) presided over the opening ceremony of the OIC InsurTech Award 2020 under the concept of “AWAKEN THE NEW POWER OF”. INSURANCE – Reinventing Insurance without Limits” said that “Insurance Technology” or “Insurance Technology” is playing a huge role in today’s insurance industry. Because it is a technology that helps increase channels in providing insurance business services in many dimensions. and reduce the cost of management to increase competitiveness It also makes insurance more accessible, convenient and safer.
The Center of InsurTech, Thailand therefore organizes an innovation award contest in insurance technology every year. This year, it was held under the concept of “AWAKEN THE NEW POWER OF INSURANCE – transforming insurance without limits” in accordance with the situation of the COVID-19 epidemic in the past few years that has resulted in people At present, the focus is on buying insurance. especially health insurance, more and more and one of the impacts of Covid-19 It is that people around the world are facing a sudden leap in technology or Digital Disruption in every industry. Technology makes people change their behavior. Including all industry groups are accelerating to adjust.
by applying technology to increase efficiency for their own organization to move forward by going beyond the limits that used to be as well as the insurance business group This is an important opportunity to apply knowledge that is a mega trend such as Metaverse, Digital Customer Experience, Digital Service Innovation, Artificial Intelligence (AI), Blockchains, Big Data and others. in order to transform to create new innovations endlessly
Dr. Suthiphon also said that the objectives of the OIC InsurTech Award 2022 project this year, we focus on creating new innovations that can facilitate the people who use the service to access services conveniently and quickly, as well as strengthening the Insurance industry by promoting the extension of insurance innovations (InsurTech) with new ideas and technologies. It also supports the model of access to insurance of the people and education of insurance to the people through technology. even more
It is also expected that this year’s project will be a space for all sectors to share ideas. and extending the knowledge of technology to create new innovations to develop the insurance industry endlessly, creating a digital ecosystem of Thai InsurTech to be even bigger as well
For participation in the contest in this project is divided into 2 types: student category Student and the general public, where interested parties can apply for the contest as a team There are no more than 2-4 members per team. Apply now until Monday, August 15, 2022 at 11:59 p.m. The applicant must submit the contest entry in the form of a Business Model Canvas. The form can be downloaded at Link :https://bit.ly/OIC2022_Canvas and enter details or Guidelines for solving problems and developing insurance business as well as to promote the quality of life of the people better Applicants can choose to submit their work according to the competition questions as follows:
1. Technological innovation for health insurance for the population and modern society
2. Reinventing the offering and open up new opportunities for insurance on Metaverse
3. Increase the efficiency of disaster assessment. enhance customer satisfaction with AI technology
Submit your work by filling out an application and uploading Business Model Canvas at Link : https://bit.ly/OIC2022_register
The committee will select the teams that have been selected in the first round. to participate in learning activities through online courses Then, the second round will be selected to have 30 teams left to participate in the hands-on seminar to receive intensive and in-depth expert advice. and participate in the Pitching Day event to select the remaining 10 teams who will have the right to present their work for the committee to consider in the Final Pitching on the date of the OIC InsurTech Award 2022 announcement. Within the Thailand InsurTech Fair 2022 to be held in October 2022, the prizes will be divided into 5 categories as follows: 1st prize, 100,000 baht prize money, 1 prize, 2nd prize, 70,000 baht prize money, 1 prize, 3rd day prize money 50,000 baht, 1 prize and consolation prize, 15,000 baht prize money, 2 prizes
If you have any questions or ask for more information, please contact the Center for the Promotion of Insurance Technology (CIT) E-mail : [email protected], telephone 080-900-2820.
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