Actuaries Institute Podcast

The next instalment of the Dialogue Podcast series explores the future of the life insurance industry and what recommendations need to be implemented in order for areas to adapt to rapid societal changes and community expectations.In the podcast, John McLenaghan (Public Policy Adviser at Actuaries Institute Australia) questions Ilan Leas (Managing Director at Retender) on the research, recommendations and driver of change in the life insurance industry in the Dialogue thought leadership paper 'The Future of Life Insurance' - authored by Ilan.In the paper, Ilan looks at the relevance and need for life insurance as consumers seek fairer deals, convenience, simplicity, automation and speed when choosing which cover they will need. Ilan points out that despite the medical and technological advances that continue in regards to improving health, the amount of data analysed by life insurance actuaries remains barely touched.Ilan proposes four top priorities for the life insurance industry including:- Encouraging opp