UBX CEO talks democratizing insurance through embedded experiences
In the latest iteration of Union Bank of the Philippines’ (UnionBank) E-TalkTales, UBX President and CEO John Januszczak, Coherent CEO John Brisco, and Chubb Deputy Regional President for Asia Pacific Glen Browne discussed the ongoing insurance crisis in the Philippines and how UBX’s insurance platform Assured is helping address this crisis through embedded experiences powered by innovation and co-creation. Januszczak highlighted three possible factors that are keeping a lot of Filipinos from availing of insurance products. First, he said that it's not easy for most to have even a basic understanding of how valuable insurance can be for them, which is why it's important for providers to make it easier to discover. "You have to make it easier for the consumers to discover the value of insurance. And insurance is obvious when it is hyper-personalized and offered in a hyper-relevant context." Another problem that is contributing to the insurance gap in the country is that insurance prod
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