Finance & Capital Market

Bahrain set to host InsurByte conference in June

Bahrain FinTech Bay (BFB) will host the InsurByte Conference 2019, under the patronage of the Central Bank of Bahrain (CBB), titled “Reimagining Insurance” on June 12 and 13 at the Gulf Convention Centre.
Hosted in partnership with the Bahrain Institute of Banking & Finance (BIBF), and the Bahrain Insurance Association (BIA), the two-day conference aims to provide knowledge exchange, foster synergies among market players to find solutions and promote innovative InsurTech practices in a collaborative, open, and transparent manner.
The conference will host keynote speeches, panel discussions, fireside chats, hands-on workshops, networking sessions, and case studies from prominent players in the InsurTech sector, as well as insurance professionals. 
It will also highlight first-hand themes and topics, strategies, and case studies on key opportunities and challenges facing the insurance industry, such as the impact of Blockchain on the Insurance industry; cloud computing in Insurance; the regulatory challenges of InsurTech; digitalisation of underwriting & claim handling; the potential applications of AI in providing risk protection, amongst other topics.
Khalid Saad, CEO of Bahrain FinTech Bay stated, “The insurance industry is ripe for disruption and is undergoing fundamental changes due to InsurTech companies that are effectively changing all aspects of the industry. InsurByte aims to be the platform where such changes to the industry will be discussed by market players in an open, practical and collaborative manner."- TradeArabia News Service