AIA hires digital officer to combat rise of online platforms

The Hong Kong-headquartered insurer's first digital officer needs to push through change as the staid industry faces disruption from online startups.

Daisuke Iwase will join AIA Group as its first chief digital officer with effect from July 1, the group said, in a symbolic move for the region's largest pan-regional insurer.

Digital officers are in demand these days as bricks-and-mortar financial institutions look to keep up with consumers who increasingly prefer to transact on their mobile phones.

Rival insurer Sun Life poached its head of digital in Asia, Gavin Gollogley, in 2016 from AIA where he worked in the digital marketing team. The Canadian insurer also named Eduard Fabian as its Asia head of technology in January, according to his LinkedIn profile.

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