Digital Insurance Business (Insurtech) Training Course

Module 1: The Insurtech Landscape
• Definition, characteristics, and comparison of digital versus conventional insurance.
• Global and local market analysis, including regulatory frameworks such as those established by the OJK (Financial Services Authority), challenges, and opportunities for government agencies.
• Key Insurtech Trends & Business Models: B2B, B2B2C, embedded insurance, usage-based models, and digital claims processes.
Module 2: Strategic Analysis for Partnerships & M&A
• Identifying potential partners and acquisition targets; establishing selection criteria and collaboration frameworks for government entities.
• The M&A process for digital entities: key stages and considerations for government operations.
• Introduction to startup valuation methods and specialized due diligence for technology companies in the context of public sector acquisitions.
Module 3: Legal, Compliance, and Risk in Digital Acquisitions
• Navigating critical legal and compliance issues: licensing, data privacy, and technology contracts for government entities.
• Understanding the OJK regulatory sandbox and its implications for public sector initiatives.
• Case Study: Analyzing the risks and opportunities of a potential Insurtech acquisition for government agencies.
Module 4: Workshop & Simulation
• Interactive Session: Developing a preliminary M&A strategy for a target presented in the case study, tailored for government use.
• Group work on formulating integration and synergy recommendations post-acquisition for government operations.
• Group presentations and feedback sessions to enhance understanding and application of concepts for government purposes.
Quiz, Q&A, and Wrap-up
• Final assessment to measure learning (Level 2 Evaluation) for government participants.
• Summary of key takeaways and an open forum for questions and discussion for government attendees.