Why do we need more digital leader in the insurance industry?

The insurance industry is working on digital process optimalisation. They are  learning a lot: how can we develop new business models and special new service models, to support the needs of clients and to achieve the „heart of customers“.

For this purpose they use a design thinking approach, analysing trends and using business model canvas. But they shouldn‘t learn only methods, but also how new technologies like artifical intelligence, blockchain, internet of things or predective analitics work. This combination is very important to be „fit for the future“, to be a digital leader! Because the digital leaders will be the winner and as you know „the winner takes it all“! 😊 I think, most of our challenges are coming from the complexity of digital transformation and the complexity of the insurance branche. How should we start? Should we start with processes, products, organisation, clients or employees? Should we cooperate with a startup or should we be a startup, as digital insurer or should we found a venture and invest in startups? Mehr lesen

Wie Insurtechs Versicherung neu erfinden wollen

“Seit drei Jahren sind Insurtech-Startups ein Thema. Sie bieten nicht nur nützliche Lösungen für Versicherer und deren Vertrieb. Inzwischen entstehen in Deutschland immer mehr Online-Versicherer, die ersten von ihnen kommen auch nach Österreich. Hierzulande ist die „digitale Affinität“ aber noch niedrig.

Startup-Unternehmen haben sich vorgenommen, „Nischenprobleme“ zu lösen, die von großen IT-Playern nicht abgedeckt werden. Im Bereich der Versicherungen bedeutet das, dass immer mehr der „Platzhirsche“ Nischenlösungen von Insurtechs einkaufen.

Die Branche ist noch sehr jung. Die ersten Insurtech-Startups, die sich zum Ziel gesetzt haben, die Versicherungsbranche zu revolutionieren, entstanden vor drei Jahren. Mittlerweile sind es in der DACH-Region mehr als 100 geworden. Mehr lesen

#MOI2018 Event Report, but from my individual perspective

What does it mean? I’m sure, you read a lot, you checked our photos about #MOI2018 (thank you for our media partner – they did an amazing job!), about speakers, interviews, mentors (The Insurance Manager, who supported startups), Insury startup winners in 4 categories (congratulations again to the best 20 INSURY startups) and about “How did we take the insurance industry to the next level“! But, I would like to give you a short summary from my personal initiator view, and from another perspective. (why? how?)

It was my dream to organise such an event in Vienna. In my opening pitch, I called #MOI as „my baby“ in the heart of central-eastern Europe, where I have been living now for more than 15 years. I like Austria, I like Vienna – it`s so beautiful, so cultured and it offers so much, of course more than 4 years #MOI as well! 😊

Many insurance companies and groups were located here in Vienna. And as you know, from my book (Innovationsdruck in der Versicherungsbranche) – I have liked this industry for more than 25 years as well! I also like the challenge, what we will have in the future through digital transformation. 6 years ago I had a vision to support the insurance industry with my enthusiasm to give impulses, ideas, methods, tools, training and workshops to learn together how can we develop an “entrapreneurship spirit“ in the insurance industry. Today, we are doing it every day! With my community from around the world, with you, who want to go to a conference to learn, to exchange experience, to “take the insurance industry to the next level“ – a big thank you to all of you! (and not only to go to a free of charge conference to spend the time out of the office and eat a good lunch!) Mehr lesen