On May 21, Australians head to the polls to elect a new federal government. For stakeholders in the insurance industry, what’s one industry issue the incoming administration should address? Insurance Business asked a variety of insurance professionals for their views.Richard Joffe (picture above), CEO of the insurtech Honey Insurance, told IB that the insurance industry is one of Australia’s top five industries but has been one of the slowest to “tech enable.”
He’d like the new government to devote serious attention to growing a tech enabled base for the industry.“One of the greatest opportunities in Australia is to tech enable the insurance industry. It’s going to unlock a lot of value for consumers and allow Australian companies to compete globally,” he said.Read more: https://www.insurancebusinessmag.com/au/news/breaking-news/what-do-you-want-from-the-next-government-406203.aspx