Yearly Archives: 2018
Digitization: Who owns the data?
The discussion "Whom does the data belong to" is not only intensively discussed between insurers, brokers and companies in industrial insurance. The current discussion in the private motor insurance market shows the challenges of digitisation for all parties involved.
Cyber Insurance: A gap in provision for many German companies
When it comes to digitization, company executives are literally rolling over with promises about the potential of technology. However, safety often falls by the wayside. Many computer systems are not properly prepared for attacks - let alone insured against cyber attacks.
Digital revolution in the industry: new distribution channels are breaking up old structures
The advent of the Internet triggered a digital revolution that completely redesigned many sectors of the economy. Even in the insurance industry some major changes are emerging that could reshape this industry. We have already seen the first providers using digital platforms to sell insurance.
Microservices: Customer orientation makes a critical difference (Part three)
The previous parts of our series on microservices presented the functionality of this technology and explained its fundamental advantages. The third part describes some particularly important advantages in more detail. The focus here is on the individual adaptation of the customer experience.
Code Rollout is Not Enough for a Successful Software Go Live
In many companies IT has come to be regarded as an essential component of core strategy. Companies are thereby responding to a fundamental change....
The delicate little plant “online grocery” in Germany
The German online food trade is still at a modest level – but interest is growing
Online food retailing in Germany is still at a...
Amazon is coming – the end for insurers?
It is rumbling in the market: Initial reports indicate that Amazon is setting up its own insurance department in London. Currently, more than 100 insurance experts are to be employed there.
The Babylon Effect: Digital customers vs. the analogue insurance industry
The story of the Tower of Babel tells how a mammoth project failed when those involved were no longer able to speak the same language. A similar effect is currently emerging in the relationships between insurers and their industrial customers.
Digitization of the SME market as an opportunity for commercial and industrial insurers
In the SME segment, commercial and industrial insurers have many opportunities to win new customers and thus increase their premium income. However, this area in particular is undergoing major change.
E-billing mandatory from 2020 for all government suppliers
The e-invoice has been a done deal for quite a while. Legislators decided that this should be mandatory for the highest federal authorities from November 2018, and from 2019, all other German public offices will have to follow suit.