Collaboration and partnership between trad and upstart insurance is the only way forward

Martyn Warwick
By Martyn Warwick

Jun 22, 2016

To embed our video on your website copy and paste the code below:

<iframe src="" width="970" height="546" frameborder="0" scrolling="auto" allowfullscreen></iframe>

Clare Selway, Head of Innovation, AXA PPP

They may not like it, indeed many of them don't like it, but realisation is dawning on traditional, established insurance companies that if they are to survive they will have to innovate. These days to stand alone, aloof and impervious to change is a suicidal strategy. As Clare Selway of Axa PPP explains, the way forward is actively to seek to collaborate and partner with new players, many of which are small, fast, impatient for change and have little respect or regard for stick-in-the-mud old-fashioned tradition. Change is often painful but it can't be avoided and a bit of discomfort is better for the established insurance companies than the only alternative - a not-so-lingering demise.

Filmed at: Internet of Insurance, London, 2016

Email Newsletters

Sign up to receive TelecomTV's top news and videos, plus exclusive subscriber-only content direct to your inbox.