Insuretech Connect Indonesia Roadshow 2022

The Insurtech Connect Asia roadshow, held in Indonesia on 11 August 2022, saw a record participation of more than 170 stakeholders. iZeno and SugarCRM were privileged to be the networking sponsors of the event. 

The panel discussions and presentations saw interesting discussions around the future growth trajectory, innovation, and digital transformation of the insurance industry in Indonesia.

Benny Ng, iZeno’s Co-founder and Director (Business Applications), also shared our experience of creating a great customer experience for a global insurance company using SugarCRM solutions.

Benny Ng highlighted the main CX challenges that the customer was earlier facing, including: 

• Misaligned case management as a result of the lack of a single view of requests and responses as well as streamlined information sharing. 
• Disparate data and systems that generate duplicates, discrepancies as well as other blindspots that can hinder the organisation from serving customers well.
• Incomplete customer views that compromise the effective delivery of personalised services for customers. 

He then shared how iZeno configured and deployed a Customer Service Management Platform using SugarCRM. This platform empowered the service agents with a 360° view of all their customers and delivered the following business benefits to the organisation:

• Faster Response – Reduction in customer complaints and our response times to customers.
• Seamless Integration – Integration of SugarCRM with back-office systems enable a well-rounded view of customer.
• Streamlined Operations – Smooth workflow and progress. Cut out manual work and multiple emails when addressing customer requests.
• Steady Stream of Reliable Data – Single view of customer information all within one single.

The gathering has brought together many bright minds in the industry. Here are our takeaways from our numerous interactions with the event attendees: 

• Opportunities to delight and retain customers are plentiful in Indonesia’s insurance industry. As the industry rebounds from slower growth and increased insurance awareness, upscaling its CX capabilities will create an unlimited pipeline of opportunities for insurers and brokers alike. 
• Both macro and microeconomic changes mean that the emphasis of insurance 2.0 will lie in creating and delivering value to customers, especially in the digital age. Omni channel engagement and distribution of insurance services will continue to be on the rise. Customers’ expectations in an omnichannel world will be different, and this is the opportune time for us to start engaging them the way they prefer.
• The ability to engage and delight customers starts with knowing the customers well, and the journey starts with having customer data that can be especially crucial during critical times of interaction. Using digital-enabled technologies, connecting with customers in those moments that matter, and providing personalised services can be half the battle won.

In the fast-moving world of today, an insurance customer wants to be heard and to be known. When we respond to customers the way they need us to, delivering services and experiences to them that they didn’t even know they wanted will be where our battleground for high-definition customer experience is.