Banking Frontiers organized a panel discussion with CEOs in the insurance sector to help the industry better understand some critical challenges. They explained how the combination of emerging technology and underwriting expertise will help them in developing a viable proposal for products that are still in development, the role of underwriting in the creation of a persona, and using the data in the public domain to figure out what to charge and make the best decision. The insurance business, like CIBIL, requires a big data and data collectivity revolution. The insurance business would benefit from a CIBIL-like score. Why isn’t insurance available across all digital channels, where 80% of consumers shop?