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Singapore University Unveils Insurtech Course To Help Drive Innovation In Insurance

Singapore Management University (SMU) has unveiled an insurtech certificate programme to help accelerate the use of emerging technology in the insurance industry.

The programme, developed in conjunction with TechFin Consulting, will include trainers hailing from Singapore’s fintech community, as well as insurtech company PolicyPal.

Comprising of five modules, the certificate programme is designed to help professionals ‘navigate the complex world of insurance and understand how insurance technology plays a role in the future of the industry’.

The programme will also include an introduction of the insurtech industry, discuss the problems solved in the traditional insurance market through technology and the latest trends and outlook.

Val Yap, founder and CEO of PolicyPal, said: “The pandemic and its unparalleled impact on the world has expedited the finance and insurance industry’s move to digitalise as a means to continue delivering quality services to the community. As such, the programme will be paramount to individuals who wish to develop the necessary framework and skill sets to elevate and prepare themselves for the new normal.

“We also hope to bring expertise on finance and technology to enhance the course offerings and establish
a community with past and present participants who are passionate about insurtech starting from
Singapore.”

The University‘s professional training arm SMU Academy rolls out the course from July 2021. Interested parties can sign up for a one-day introductory course or a more in-depth 12-day full certificate programme.

Varun Mittal, co-founder of the Singapore FinTech Association and ASEAN FinTech Network, as well as author of ‘Singapore – The FinTech Nation’, is one of the programme’s trainers.

He said: “I am honoured to be on board as a trainer and advisor to Singapore’s first-ever insurtech full certificate programme. With the increasing intersectionality of digital business and financial services in global emerging markets, having a foundational understanding enhanced by cross-industry perspectives is key to achieving success in today’s world.”

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