InsurTech is accelerating and changing how insurance innovates and how core systems are defined. Every exec needs to review their strategy to ensure it will be competitive in the digital insurance industry that is forming now. That process starts by ask a few simple but critical questions.
Mike Connor4 Questions Execs Need to Ask About Core Systems Strategy
Andrew Rear , Chief Executive, Digital Partners, Munich RE
As an industry we don’t design for our customers, we design for ourselves. That has to change. We have to learn to design for how customer see their needs, and how they live their lives. InsurTech startups understand that and by working with them we can accelerate our ability as an industry to make insurance something people want, something that is relevant, accessible, and easy to use.
Mike ConnorWhy is Munich Re recruiting startups to disrupt customer engagement?
Insurance a $5 Trillion Digital Prize With $5 Trillion in premiums, an incredibly low level of customer satisfaction, aging infrastructures, an analytically based – high volume business model, and a “wait until we have to” approach to innovation, insurance is now fully in the sights of the most disruptively innovative engine on the planet, Silicon Valley.
Mike ConnorInsurance’s Digital Tipping Point: Silicon Valley