Training course information
Course outline
Training schedule

At the end of this course, the participants should be able to:

  • Analyze the role of digital technologies in transforming the insurance industry.
  • Identify and evaluate emerging digital insurance products and services.
  • Understand how to leverage data, AI, and IoT for more efficient and personalized insurance solutions.
  • Explore the latest consumer trends and their impact on insurance product development.
  • Develop strategies for integrating innovation in insurance operations and product offerings.
  • Navigate the regulatory challenges of digital insurance products while ensuring compliance.

Introduction to Digital Transformation in Insurance

  • Overview of digital disruption in the insurance industry.
  • How technology is reshaping insurance products, services, and distribution.
  • The role of Insurtech and emerging players in the market.

Technological Innovations and Their Impact on Insurance Products

  • How AI, machine learning, and big data are transforming underwriting, pricing, and claims processing.
  • The role of Internet of Things (IoT) in personalizing insurance and managing risk.
  • Blockchain applications in insurance for enhanced transparency and security.

Emerging Insurance Products in the Digital Age

  • On-demand insurance: Flexible, personalized coverage for consumers.
  • Microinsurance: Innovative coverage options for underserved and low-income markets.
  • Usage-based insurance (UBI): Telemetry-based models for auto, health, and home insurance.
  • Peer-to-peer (P2P) insurance: New collaborative models that challenge traditional insurance systems.

Consumer Behavior and Expectations in the Digital Era

  • How digital natives are changing the way they purchase and interact with insurance.
  • The shift toward customer-centric models in product development and service delivery.
  • The role of mobile apps, websites, and online platforms in driving customer engagement.

Regulatory, Compliance, and Ethical Considerations in Digital Insurance

  • Data privacy laws and cybersecurity concerns in the age of digital insurance.
  • Navigating evolving regulatory frameworks and the global impact on digital insurance products.
  • Ethical concerns related to the use of AI, data analytics, and consumer information in insurance.

Building and Implementing Digital Insurance Strategies

  • How to integrate digital technologies into traditional insurance products.
  • Creating agile product development strategies to meet changing consumer needs.
  • Best practices for collaborating with Insurtech companies and third-party platforms.

Future Trends in Digital Insurance

  • Predictions on the future of digital technologies in insurance (AI, automation, and smart contracts).
  • Opportunities and challenges in the evolving insurance landscape.
  • Preparing for the next wave of innovation in digital insurance, including autonomous vehicles, blockchain, and more.

Training Courses Schedule for 2026 is now available

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2025 Training Schedule

Training course language: Arabic

Training course venue: Riyadh

Training course end date: 24 April، 2025

Training course start date: 20 April، 2025

Training course language: Arabic

Training course venue: Riyadh

Training course end date: 28 August، 2025

Training course start date: 24 August، 2025

Training course language: Arabic

Training course venue: Jeddah

Training course end date: 11 December، 2025

Training course start date: 7 December، 2025

Training course fee : SAR 8800

Insurance Products in the Digital era: Innovation and Market Trends

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