Today’s fast-paced world of technology are fueling consumer expectations. For the insurer of the future, user experience stands out as paramount. Since digitization and innovation prompts seamlessness through the most user-friendly interface – enabling consumers to better assess their overall financial situation, there is need for the insurance industry players to alter their approach toward risk.
With this hindsight, to what extent are the insurance industry players redefining the industry through dynamic and tailored digital offerings that improve the customer experience? Are they becoming more receptive to the technological changes in recent times? How have they adapting to the already accelerated digital transformation journey?
Join Elias Omondi, Actuarial Expert, Insurance Regulatory Authority, Kenya and Julius Orayo, Group Head of Digital Innovation, Jubilee Insurance during a high-level CIO Webinar Series.
Presenters
Julius Orayo
Group Head of Digital & Innovations at Jubilee Insurance
Julius Orayo is the Group Head of Digital and Innovations – Jubilee Holdings. He has over 15 years’ experience in strategy, operations, information technology and project Management. Prior to this, he has also served as the Group Head of Strategy, Regional Head of the Customer Services Group and the Operations Manager for Medical Business for Jubilee Holdings. Previously, he has worked as the Head of IT and Operations at Amini Management (EA) Ltd, Prosperity Health (Tanzania) and Lantech Limited.
Elias Omondi
Associate Actuary at IRA Kenya
Elias Omondi is an actuarial expect, with immerse experience in complex risk and capital modelling. He has a proven track record in the development of risk based supervision framework, policies and regulatory software.
Elias has worked with the World Bank and IMF on various international technical assistance projects, designing and implementing regulations and policies. Elias has assisted various countries in Asia, Africa and Caribbean especially insurance and pension supervisors to establish regimes of risk-based supervision. Elias believes that healthy financial markets build the foundations for a thriving economy to support the SDGs.
Elias has also specialized in index insurance and micro-insurance projects in sub Saharan Africa. He specializes in various technical areas in micro-insurance and particularly in Weather Index Insurance to support vulnerable communities and people.
Elias is an innovator and technologist with strong passion in AI/artificial intelligence, blockchain, quantum computing and data science. A strategic and operational analyst with a demonstrated ability to transform institutions around open technologies.