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@SirDavidPorter speaks with Sridhar Subbaraman of Oasis Insurance Group at #InsureTek about how the evolution of digital #technology is pushing the #Insurance space forward
? @SirDavidPorter speaks with Sridhar Subbaraman of Oasis Insurance Group st #InsureTek about how the evolution of digital #technology is pushing the #Insurance space forward https://t.co/yQpShSTSMn
— Bruce Porter Jr. (@NetworksManager) February 9, 2022
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we are live in dubai at the insure tech
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conference i’m david porter with the
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washington elite the world’s greatest
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conference streamers
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i brought uh some great companies to you
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and we are working it hard so why don’t
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you introduce yourself
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good to be here david uh i’m sridhar
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sabaraman
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i’m the founder of oasis insurance group
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we are we are into the direct
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distribution range from the distribution
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operating out of uh uae and
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us as we speak
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and uh we have our we have we are we
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also own our own technology firm back in
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india as well as we speak we are looking
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to expand into the latin american
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countries where we feel that insurtech
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it has got a future in the in the latin
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american country so that’s where our
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focus is and that’s what we do
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and we have been around in the middle
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east for the last uh two plus decades
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done well done well and this market has
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this market is now in the cusp of change
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that was and uh it’s it’s a change that
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we’ve been like talking for the last
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three four years
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thanks to covet it’s now
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becoming a reality yes huh yeah so what
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changes are you seeing happening
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uh the biggest change that we see is the
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adoption of technology and digital as
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the way forward by the industry
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i would say that i take pride in saying
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that we were we were we were the first
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company in the region to
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uh digitally enable the distribution
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platform in the region uh
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from end-to-end solution providers
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perspective and we were the first one at
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insurance oasis.com and uh
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i can taking going back in time when
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whenever we used to have this
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conversation with the risk areas and
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things like it it used to be a little
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difficult for them to comprehend what we
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were talking about
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and uh
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now post the covert it has now
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understood and agreed that yes uh the
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way forward is the adoption of
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technology and adoption of
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digitalization so today today when i
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meet the ceo of the industry over here
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they know a couple of them candidly did
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admit to say that well isn’t she that
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two years ago when you were talking
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about it we heard you but we didn’t
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understand but today we understand what
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you said two years ago and today we are
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doing it now we know how to go aboard it
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and we are happy that you’ve been our
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anchor in those days uh nav helping us
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navigate those uh those days when when
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we did not understand and helping us to
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be where we want to be so it’s a happy
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place to be to be a thought leader and
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also to be accepted by the industry to
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say that
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we are the agents of change so that’s
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what that’s what we have been doing so
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far
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very nice so what originally got you
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inspired or involved in the insurance
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field
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okay i’m a carrier insurance
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professional i all that i studied was
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insurance okay
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uh right right from school uh was
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whilst everybody was looking to major in
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either science or uh business or finance
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or accounting i choose to major in
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insurance so right from right from a 15
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year old all that i’ve been doing is
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insurance and
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instantly instantly
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it’s been like
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what more than three decades now into
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insurance and
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the interest is like i always feel that
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uh the domain remains the same but the
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domain has to evolve to the up to the
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changing
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nature and way of doing business and
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today it’s everything is digital and
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everything is technology we are talking
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about we are talking about adopting
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newer technologies and uh
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delivering smartly to the ensuring
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public that’s what that’s what that’s
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what uh
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we we focus on we we understand the
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domain we don’t we don’t uh we respect
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the domain we push the domain to accept
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the latest what’s happening around the
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world so that’s that’s where our focus
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is
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very passionate here and so you guys are
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sponsoring part of the conference you
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have a booth here uh how’s it working
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out for you so far good we had some good
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tractions and some very very interesting
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in conversations today with some some
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risk areas some
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tech solution providers because we we
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feel that we are in a co-operation world
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where where in some areas we will be
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competing with our with our peers and in
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some places where we would be
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cooperating with them so now that
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understanding has also seeped into the
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market to say that there are bits and
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pieces that we are good at there are
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bits and pieces that they are good at
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and let’s pick up these
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areas where we are good at and let’s
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coordinate and cooperate rather than to
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say that oh okay let’s meet at the
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marketplace let’s say we might have the
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marketplace but we’ll also be
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cooperating in certain areas so that’s
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that’s been a great so far all this all
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this morning have had some uh ex
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excellent conversations whom we thought
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were competition today we are looking at
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to say how do we
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co-operation
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so that’s that’s that’s that’s nice to
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hear
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very good that’s what it’s all about
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coming in person getting to meet people
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finding the partnerships you need
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so are you going to be on stage today or
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tomorrow are you speaking yes i’m i’m
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participating in a panel uh
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talking about how insure tech is going
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to is going to
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address this industry’s next uh
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evolution and next growth
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story actually uh which which i’m always
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been passionate about and uh this is
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being moderated by my very good friend
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of mine we we both talk the same
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language at all times frederick and i
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will be like uh he’s moderating and i’ll
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be speaking on the panel later in the
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day today
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do you know what time uh between 2 50
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and 3 40 this afternoon there you go so
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it is streaming on youtube under insured
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tech uh clearly siddhar is one of the
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thought leaders here
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and uh thank you so much for coming on
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is there any uh last words and is there
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a website or social media people can
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find your company on yes uh
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for for our digital distribution you can
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you can visit
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www.insure oasis.com
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uh we are we are providing uh a platform
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where we are providing for the retail as
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well as for the business needs of the
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insurer of the of the public in uae
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currently and we hope to expand it into
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the uh other markets in the in the
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coming years
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very good thank you so much thank you
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coming on thank you thank you i’ll be
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here working and bringing you guys more
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interviews soon
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what’s your accord oh sorry sorry