Page 10 - FIA Insight - Q3 - 2022
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These clients want tailored cover and value
for money, appreciating rewards and socially
responsible concepts such as Discovery’s
“Millennials tend to underestimate the Shared-value Insurance model.
importance of sound financial advice In Daniel Stoch’s observations, he has noticed that
millennials have a strong preference for digitisation
given that only 16% say they would in the engagement in their policy.
work with a financial adviser” “The ability to see policy on the face of a mobile
app is highly valued,” he says. “Millennials want
a product that they can engage with in terms of
seeing what benefits they have and what their
financial rewards are based on their engagement.
10 FIA INSIGHT 3 3d QUARTER 2022 ENGAGE – QUESTIONS@FIA.ORG.ZA | WWW.FIA.ORG.ZA
