www.insurancebusinessmag.com Open in urlscan Pro
2606:4700:20::681a:c8b  Public Scan

Submitted URL: http://ga.kmnewsletters.com/ga/click/2-2861642-104-45348-89687-1205588-f9224124d4-v8f10d7a38
Effective URL: https://www.insurancebusinessmag.com/nz/news/breaking-news/aias-damien-mu-2022-will-be-a-year-of-revival-320239.aspx?utm_source=GA&e=...
Submission: On December 17 via api from US — Scanned from DE

Form analysis 1 forms found in the DOM

<form class="sj-search-form">
  <div id="sj-search-bar"> <span id="sj-icon-search"></span> <input data-sj-search-query="" type="search" placeholder="search this site"> <button data-sj-search-query-go="" type="submit" class="sj-search-go blue">Search</button> </div>
</form>

Text Content

CONTINUE TO SITE

CONTINUE TO SITE

 * UK
 * US
 * CA
 * AU
 * NZ
 * Asia


 * 
 * 
 * 



Toggle navigation

 * News
    * Breaking News
    * Columns
    * Broker Perspective

 * TV
 * Features
    * Opinion
    * The Big Interview
    * Business Strategy
    * Broker Profiles

 * Risk Management
    * News
    * Profiles
    * Geo-Political
    * Financial
    * Cyber
    * Operational
    * Regulatory

 * Resources
    * IB Talk
    * Expert Blogs
    * White papers
    * Featured content
    * Webinars
    * Special reports
    * Events
    * Jobs
    * Guides
    * Insurance Companies
    * Women in insurance

 * Best insurance
 * Specialty
    * Construction
    * Cyber
    * Environmental
    * Hospitality
    * Marine
    * Motor
    * Natural Catastrophe
    * Professionals Risks
    * Property
    * SME
    * Technology

 * Contact us
    * Contact us
    * E-newsletter
    * Authors
    * Regular Contributors


AIA'S DAMIEN MU: "2022 WILL BE A YEAR OF REVIVAL"

by Terry Gangcuangco 17 Dec 2021
SHARE
AddThis Sharing Buttons
Share to FacebookFacebookShare to TwitterTwitterShare to LinkedInLinkedInShare
to EmailEmail






AIA'S DAMIEN MU: "2022 WILL BE A YEAR OF REVIVAL" | INSURANCE BUSINESS NEW
ZEALAND

“It’s been extremely challenging, but we should be proud as a community, as
we’ve demonstrated so much resilience to really get through the pandemic.”

Those were the words of AIA Australia and New Zealand chief executive and
managing director Damien Mu (pictured), who believes “2022 will be a year of
revival,” especially in the area of health.

“[The last two years] have definitely shone a spotlight on the importance of
overall health and well-being, both physical and mental,” Mu told Insurance
Business. “One of the reasons why I’m confident that we can revive into the
future next year, is that we will bring many of those little tools and tips that
we learned around health and well-being practices.

“And I really hope that we wouldn’t forget those – whether it’s getting out
there and going for a walk, or the mindfulness that we’ve sort of brought in,
slowing down of life in certain areas, spending more time with friends and
families and appreciating that we’ve got them after being isolated for a long
time or in lockdowns. I think we will bring them forward.”

For Mu – whose camp wants Australia and New Zealand to be the healthiest and
most protected nations in the world – it’s small steps that will take us there,
not extreme changes.  

“Human behaviour shows that we can forget easily and move on, but my view is
that after two years it is very well grounded in our minds that those habits
will continue moving forward,” added the CEO. “Of course, it may not be at the
same level, but it’s the small things. How do we continue to take small steps
towards healthier, longer, better lives?

“It doesn’t have to be a big run but just continue to just get up and go for a
walk, or do a bit of meditation and drink a little bit more water or eat a
little bit more home-cooked meals – just little things, and I think we can
sustain those. If you try to go extreme, it’s not sustainable. What is
sustainable is making small progressive steps towards your healthier, longer,
better life, and that’s what we really support.”

This year, AIA released its so-called “5590+” reports for Australia and New
Zealand, respectively, examining the five modifiable lifestyle behaviours that
impact five of the non-communicable diseases that cause 90% of deaths in the two
countries. The reports – which provide the foundation for the insurer’s work on
life, health, and well-being – are aimed at encouraging all Australians and
Kiwis to think well, eat well, move well, and plan well.

“Our purpose is to make a difference in people’s lives, and that’s why we
published the 5590+ report,” stated Mu. “While people are engaged around their
health and well-being, I think the opportunity is to build more engagement
around prevention.

“While we are there to support when something goes wrong, how can we be engaged
in our customers’ lives to give them value from their life and health insurance
through the engagement of programmes such as Vitality, where they get rewarded
for taking those small steps, but also how can we help them to continue getting
value from it by preventing the potential issues that may arise from a health
perspective?”

According to the AIA boss, one of the silver linings has been the recognition
that things like digital health and digital engagement are critical, especially
since, through them, a lot of people can be reached.

Mu went on to say: “While we need to have what I call the analogue services
where people still come and see face-to-face a medical professional or go to the
office of a physiotherapist, etc., we also know now that we can provide
exceptional services and content for different levels of varying health issues
through digital means as well.

“That means that, hopefully, we can actually help people to either prevent or
recover more quickly. And that’s a real opportunity to be engaged in our
customers’ lives, and be able to give them support in the palm of their hands.
So that’s where I think the huge opportunity is. What we want to build is a
health and well-being ecosystem around predict, prevent, diagnose, treat,
recover, and thrive. Wherever you are on that spectrum as a customer of AIA, we
want to be able to support you.”

Additionally, for the chief executive, both Australia and New Zealand are
blessed in terms of not only resilience, but also infrastructure.

“I know we’re going to continue to have challenges,” he told Insurance Business,
“but we should always remain focussed on the fact that we are very fortunate in
Australia and New Zealand. We’ve demonstrated great resilience, we have great
infrastructure, and now we can engage and connect and help each other. So, I am
really excited and hopeful.

“What I’m most hopeful in, is it’s just so wonderful to see the human spirit and
how the community came together – that’s corporate, individuals, government – to
rally around what was in the best interest of getting the countries back on
track.”

Mu asserted: “It was not easy, but during that time I’d say one of the greatest
things that came out of it is one of the virtues I hope we bring forward to
life, which is kindness – people showing kindness to one another. That was a
great gift I hope we bring forward along with all the healthy habits as well.”

RELATED STORIES:

 * What challenges will insurers face in 2022?
 * An "outstanding individual" in insurance - meet ANZIIF's Lifetime Achievement
   award winner

SHARE
AddThis Sharing Buttons
Share to FacebookFacebookShare to TwitterTwitterShare to LinkedInLinkedInShare
to EmailEmail

Fetching comments...
Please enable JavaScript to view the comments powered by Disqus.


LATEST IB TALK

CYBER INSURANCE - THE LATEST TRENDS AND HOW BROKERS CAN GET AHEAD


LATEST NEWS

 * TECH INCREASINGLY DRIVING POLITICAL RISK IN EMERGING MARKETS – REPORT
   
   Why the insurance profession must catch up with the political impacts of new
   tech

 * PERFORMANCE GAP BETWEEN CYBER UNDERWRITERS TO GROW NEXT YEAR – REPORT
   
   Cyber specialists publish predictions for 2022

 * AIA'S DAMIEN MU: "2022 WILL BE A YEAR OF REVIVAL"
   
   Fearless forecast centred on health




INSURANCE BUSINESS TV

EFFECTIVE RISK MANAGEMENT IN CHALLENGING TIMES


SPECIAL REPORTS

TOP INSURANCE EMPLOYERS 2021

Download now

 * UK
 * US
 * CA
 * AU
 * NZ
 * Asia

 * People
 * Terms & conditions
 * Privacy policy
 * Conditions of use
 * About us
 * Contact us
 * RSS

 * 

 * 
 * 
 * 

 * Key Media
 * Wealth Professional Canada

Copyright © 2021 Key Media





×
Search

×
We Value Your Privacy
Settings
NextRoll, Inc. ("NextRoll") and our advertising partners use cookies and similar
technologies on this site and use personal data (e.g., your IP address). If you
consent, the cookies, device identifiers, or other information can be stored or
accessed on your device for the purposes described below. You can click "Allow
All" or "Decline All" or click Settings above to customize your consent.
NextRoll and our advertising partners process personal data to: ● Store and/or
access information on a device; ● Create a personalized content profile; ●
Select personalised content; ● Personalized ads, ad measurement and audience
insights; ● Product development. For some of the purposes above, our advertising
partners: ● Use precise geolocation data. Some of our partners rely on their
legitimate business interests to process personal data. View our advertising
partners if you wish to provide or deny consent for specific partners, review
the purposes each partner believes they have a legitimate interest for, and
object to such processing.
If you select Decline All, you will still be able to view content on this site
and you will still receive advertising, but the advertising will not be tailored
for you. You may change your setting whenever you see the on this site.
Decline All
Allow All