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During the discussion, Zulmiro Da Costa, Chief Commercial Officer at Vitis Life, shares his analysis of upcoming developments in the life insurance sector in Luxembourg, as well as how Vitis Life is preparing for them.
Key trends include accelerated digitalization and the rise of artificial intelligence, which are already evident in the mass affluence segment. Vitis Life takes a distinctive approach by leveraging these technologies to drive personalization. The goal is to offer tailored support and sophisticated wealth management solutions, rather than large-scale automation.
It also addresses the issue of asset size, often associated with a financial institution’s strength. For Vitis Life, what matters most is the quality of the client portfolio, proximity to policyholders, and risk management. With a solvency ratio of 258, the company demonstrates a robust financial foundation.
Finally, Vitis Life is committed to a long-term vision, fostering a relationship of trust with its partners and clients in a rapidly evolving industry.
