All about digitization in the area of industrial insurance

Digital Operational Resilience Act (DORA) – ensuring security and resilience in the financial sector

The security of digital systems is of crucial importance for financial and information and communication technology ("ICT") service providers. With the Digital Operational Resilience Act (DORA), a law came into force in January 2023 that regulates the operational resilience of digital systems in the financial and insurance sector. They now have until 17 January 2025 to implement the DORA regulation. This article is intended to help you understand the relevance, impact and requirements of DORA and make the necessary preparations in good time.

Digital Industrial Insurance: Efficient Inventory Processes through a Risk-Based Approach in Data Management

The risk-based approach to storing customer data provides brokers and industrial insurers with an intriguing alternative to the contract-based approach. In this method, risk data is stored at the customer level, independent of individual contracts. This results in a much-improved overall view of all customer risks and accelerates the processing of cross-sector endorsements.

Embedded Insurance: From customer to business partner – the new role of insurers and...

Embedded insurance opens up the opportunity for insurers and brokers to deepen business relationships with commercial and industrial customers and take them to a new level. For the industry, this is an opportunity to develop customers into business partners by offering customized products and services that create competitive advantages. Speed and flexibility in customization are basic requirements.

The customer and risk-centric view: Digitally solved

On the integration of risk management and insurance management in industrial insurance and current digital approaches. Recorded at Event CosmoHub on 15 June 2023.

What is Low Code in industrial insurance? An overview.

About the concept of low-code development and its application in the insurance industry. Recorded at Event CosmoHub on 15 June 2023.

Digital underwriting for industrial insurance: End-to-end thinking and implementation

On the concept of end-to-end digitalisation in industrial insurance underwriting. Recorded at Event CosmoHub on 15 June 2023.

A network instead of a platform: Digital industrial insurance 5.0?

On the concept of digital networks in industrial insurance and their importance compared to traditional platforms. Recorded at Event CosmoHub on 15 June 2023.

FAQ: Low Code in Industrial Insurance

This FAQ answers frequently asked questions about low code in industrial insurance. What does the term mean? Why should insurers, brokers and underwriters in...

Comment: Industrial insurance needs stable software partners for reliable digitization

About the parallels between the industries of industrial insurance and enterprise software development, and how mgm has been offering a stable software solution for industrial business for 17 years with mgm Cosmo.

FAQ: Collective settlements (Bordereau) in industrial insurance

This FAQ answers frequently asked questions about collective settlements respectively collective lists of premiums between market partners in industrial insurance. What is a bordereau? And how can the complex process of collective settlements be automated for insurers, brokers and MGAs?