Digitization is driving change in commercial and industrial insurance. Whether you succeed in taking the step into the digital future will in the long term determine your company’s business success. Read in the first part of our series how digitization is influencing how the actors act in the market.
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.
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.