Manama: Bahrain will host InsurByte Conference in June which will highlight first-hand themes and topics, strategies, and case studies on key opportunities and challenges facing by the insurance industry.
Under the patronage of the Central Bank of Bahrain (CBB), Bahrain FinTech Bay (BFB) will host InsurByte Conference 2019, titled “Reimagining Insurance” will be held on the 12th and the 13th of June 2019 at the Gulf Convention Centre.
In strategic partnership with the Bahrain Institute of Banking and 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.
InsurByte 2019 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.
The conference 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 and Claim Handling; the Potential Applications of AI in providing Risk Protection, amongst other topics.
“Bahrain FinTech Bay, in strategic partnership with the Bahrain Institute of Banking and Finance and the Bahrain Insurance Association is delighted to host the InsureByte Conference 2019. The insurance industry is ripe for disruption and is undergoing fundamental changes due to InsurTech companies that are affectively 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,” Khalid Saad, CEO of Bahrain FinTech Bay, said.
“InsurByte will serve as a knowledge-sharing platform for community leaders and companies to build awareness of the digital innovation and disruption in the insurance industry. We are pleased to partner with Bahrain FinTech Bay and Bahrain Insurance Association to drive innovation across the insurance sector and accelerate the InsurTech ecosystem in the Kingdom of Bahrain,” Dr. Ahmed Abdul Hameed Abdul Ghani Al Shaikh, Director at BIBF, said.
“The BIA is very proud to have contributed to the InsurByte conference along with the BIBF and Bahrain Fintech Bay. In the Insurance sector, the milestone achieved in technology has certainly played a big role and changed the way the business is conducted. Without a shed of a doubt, the recent Fintech and Blockchain advancement will play an even bigger role in the future of the industry. This conference has set out the grounds on what to expect to help build the awareness in the sector,” Abdulhameed Al Ammadi, General Manager, BIA, said.
