Bancassurance today has evolved into a very significant channel mutually benefitting insurers & bankers. Insurers have benefitted by way of increasing penetration and market share and bankers have benefitted to augment their fee income and to offset the volatility of interest income. However, advancements in technology have given rise to a new era of information, connectivity and buying behavior at the consumers’ fingertips. Disruption of the traditional bancassurance model is inevitable and in order to stay ahead organizations must adapt.

Cognitive tools and technologies, including AI, analytics, robotics process automation, and a host of recognition and assistance programs, are transforming how people and systems learn and adapt.  We'll review the current "state of the art", how insurers, insureds, and distributors might react and improve, and how the underlying systems that cover and advise on risk might themselves learn about the future of risk.