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What’s important to Germans for their #Insurance? – The 3 findings are #Price #Simplicity #Digital Vlog 

What’s important to Germans for their #Insurance? – The 3 findings are #Price #Simplicity #Digital

https://www.youtube.com/watch?v=EXzhOXsIhmcFabian Nadler shares the 3 findings of the latest Bitkom research „What’s important to Germans for their Insurance? “ with InsurTechForum. The 3 key findings are:1. A good price and great value-for-money2. Simplicity and simple products3. Digital experience and products via App Fabian Nadler is a Referent for Digital Insurance & InsurTech at Bitom e.V. Bitkom is Germany’s digital association. Founded 1999 in Berlin, we represent more than 2,600 companies of the digital economy. Our membership spans more than 1,000 SMEs, over 500 start-ups and virtually all global players. InsurTechForum is a Digital…

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Now, buy insurance online comparing product features, not price News 

Now, buy insurance online comparing product features, not price

Policyholders can compare products based on the features offered by the insurer and no contact details will be required. Till now, customers have been able to compare insurance products based on the premium charged for the policy. Now, Insuremile a Bengaluru-based insurance aggregator is looking to bridge this gap by now allowing individuals to compare […]

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What’s keeping insurers from realizing their true potential? News 

What’s keeping insurers from realizing their true potential?

  Advanced technologies are creating more opportunities for growth, but many insurers are failing to convert potential into value Accenture’s newly released 2019 Technology Vision has found that digital technology is a strategic priority for every business. In our survey of more than 6 600 business and IT executives—including almost 600 insurers—94 percent of respondents said […]

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Finally, an insurance company proud of its human agents News 

Finally, an insurance company proud of its human agents

The debate about insurance innovation has been dominated recently by comments generated as a result of the State Farm TV ad, where the US insurance giant celebrates the superiority of its thousands of human insurance agents compared to AI-based chatbots. Lemonade – a smart US insurtech startup – has credited itself as the target of […]

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China will become world’s biggest insurance market by mid-2030 News 

China will become world’s biggest insurance market by mid-2030

China’s ageing population will mean more sales of annuity products and health insurance China’s insurance premiums will reach US$2.36 trillion in 2032, says Swiss Re Institut China’s insurance market will quadruple in 14 years to US$2.36 trillion, on the way speeding by the US, currently the world’s leader, according to Swiss Re Institute. Insurance premiums […]

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Who owns the workforce data in your insurance business? News 

Who owns the workforce data in your insurance business?

Other parts of this series: Organizational DNA holds new, untapped opportunities for insurers Decoding organizational DNA starts with trust Who owns the workforce data in your insurance business? Why insurers should tap into their organizational DNA, and their employees should too. Every insurance organization has unique needs, and therefore a unique approach to the workplace […]

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How can insurers leverage big data to improve their processes? News 

How can insurers leverage big data to improve their processes?

Big data is not just a buzz term any more – as consumers demand more from insurance companies, the need for a more efficient way to examine risks grows as well. The opportunities big data analytics presents are endless in helping companies transform the way they see and manage large pools of information from consumers. […]

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What characteristics will successful insurers share in the future? News 

What characteristics will successful insurers share in the future?

February 5, 2019 Strong ecosystem positioning will be critical for insurers to thrive in evolving macroeconomic, regulatory, and operating environment. Insurance industry market dynamics are in flux, with new ecosystem models coming into play. Heightened customer expectations and rapid technological advancements are among the catalysts spurring an industrywide shift. New players, such as BigTechs and […]

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