Indonesian Wealth Management Forum 2019 - Highlights - Samdarshi Sumit

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1. What are the challenges and opportunities for this industry?

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1. What are the challenges and opportunities for this industry?

There are great opportunities for the market in Indonesia. The penetration rate is still low. Overall, people are largely investing into bank deposits, and financial literacies is still low. I see huge opportunity for insurance industry to create more awareness and, as long as you have the right product and proposition, reaching out to the right set of customers, the opportunity's huge.

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