Singapore University launches new insurtech certificate course

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Singapore (CU)_ The Singapore Management University (SMU) has launched an insurtech certificate course to support the adoption of new technology in the insurance business. Trainers from Singapore’s fintech community and insurtech business PolicyPal will be part of the program, which was designed in collaboration with TechFin Consulting.

The certificate program, which consists of five segments, is aimed to assist workers navigate the complex world of insurance and comprehend how insurance technology plays a role in the industry’s future. The course features an introduction to the insurtech business, as well as a discussion of the challenges that technology has solved in the traditional insurance market, and the most recent trends and forecasts.

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Founder and CEO of PolicyPal Val Yap shared his views about the digitization of the insurance and finance industry. He said, “The pandemic and its unparalleled impact on the world has expedited the finance and insurance industry’s move to digitalise as a means to continue delivering quality services to the community. As such, the programme will be paramount to individuals who wish to develop the necessary framework and skill sets to elevate and prepare themselves for the new normal. He added, “We also hope to bring expertise on finance and technology to enhance the course offerings and establish a community with past and present participants who are passionate about insurtech starting from Singapore.”

The course will be offered by SMU Academy, the university’s professional training arm, starting from July 2021. Those interested can enroll in either a one-day introductory course or a 12-day complete certificate program. One of the trainers of the program is Varun Mittal, who is the co-founder of the Singapore FinTech Association and ASEAN FinTech Network, and also the author of Singapore – The FinTech Nation.

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Varun Mittal expressed delight over the launch of the new course. He said, “I am honoured to be on board as a trainer and advisor to Singapore’s first-ever insurtech full certificate programme. With the increasing intersectionality of digital business and financial services in global emerging markets, having a foundational understanding enhanced by cross-industry perspectives is key to achieving success in today’s world.”

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