Developing economies in South East Asia offer myriad opportunities to insurers. This is the view of Andrew Holderness, global head of corporate insurance at law firm Clyde & Co’s Corporate Insurance Group.
Speaking in the November issue of Intelligent Insurer, Holderness says that many countries in this region are becoming more mechanised and technologically advanced. To allow that evolution to continue, locals have to grasp the importance of the protection that insurance can afford them—and the support that it can give to emerging societies.
This message is slowly being absorbed, says Andrew Holderness, global head of corporate insurance at law firm Clyde & Co’s Corporate Insurance Group. For example, Indonesia has a very young population who have become accustomed to using the Internet and other mobile technologies.
“These young people are grasping the need to protect the technology that supports their lives,” he says.
South East Asia, Andrew Holderness, Clyde & Co