Is everybody on holiday! No-no, I learned, it`s only 25% of colleageus are on holiday in the same time. Yes, we have enough time and motivation to create new ideas and to develop crazy solutions.
Do you know #MOI2024 After Movie video with lovely memories and moments is read!
So was #MOI2024 Innovation Day as part of Viennaup. Do you find your #MOI friends? VIDEO & PHOTOS
Crazy Summer is on #InTa Social Media (Instagram & Facebook) Channels – did you follow our Journey?
#InTa (Innovation Talent Network) Digital Lounge Summer Edition (16th July 2024) is coming – we share knowledge and build the best Insurance Talent Community. Are you ready to support our growth as Mentor, Talent or Startup? HERE
“One Crazy Summer” is coming…
Summer often evokes images of adventure and carefree days, much like in classic film „One Crazy Summer“. In the insurance industry, innovation can turn what might seem like a monotonous field into an exciting and dynamic one, full of unexpected solutions and opportunities.
But HOW?
1. Embracing the Spirit of Innovation Adventure (You know, the Spirit Hotel sent to #MOI participants a Voucher – do you remember, who was the Winner?)
The insurance industry is navigating a landscape filled with technological advancements and shifting consumer expectations. Innovation is the key to not only surviving but thriving in this new environment.
2. The Role of Technology
Telematics and IoT – Much like the film’s unpredictable and humorous events, telematics and the Internet of Things (IoT) introduce unexpected and beneficial changes to insurance. These technologies allow insurers to gather real-time data, offering personalized premiums and improving risk management.
Artificial Intelligence – AI can transform the underwriting process, claims handling, and customer service. Imagine AI as the quirky, resourceful friend in a summer adventure, always finding new ways to solve problems and make life easier.
3. Customer-Centric Innovations
Embedded Insurance – The spontaneity of a summer escapade can be likened to the flexibility of on-demand insurance. Customers can activate and deactivate coverage as needed, much like choosing which summer adventure to embark on next.
User-Friendly Apps – do you have a favorite insurance app? Apps ensure that managing policies is as easy and enjoyable as a summer breeze, enhancing customer experience and engagement.
How to manage your embedded & affinity strategy?
It provides coverage to customers that is specific to the product or service they are buying and that is not included in their traditional insurance coverage (homeowners insurance, car insurance, manufacturer warranty, etc.). Affinity coverage can be adjusted to the level of protection that you want to offer for each product.
Just as “One Crazy Summer” is a tale of unexpected journeys and creative problem-solving, the insurance industry is on its own journey of innovation. By embracing new technologies and focusing on customer needs, insurers can create a future that’s as exciting and unpredictable as a summer adventure.
Stay tuned to our newsletter for more insights on how innovation is transforming the insurance industry and how you can be part of this exciting journey!
NEW! Follow our “One Crazy Summer” idea! “every picture tells a story” – every day new #MOI2024 photos with lovely #MOI friends HERE
Do you want to play with us? Tag Your #MOI friends on the picture and win a #MOI2025 ticket (12-13 May 2025).