Year End Address | 2018

Photo by Elena Koycheva on Unsplash

2018 is drawing to a close. It has been the fourth year of New Insurance Business (NIB). Let’s take advantage of the year end season and have a short look on things that happened and that will come.

2018 will go down in history as the year of the third InsurTech wave – the rise of the full digital insurers. The next wave is already approaching. So, dear insurers, better get prepared!

It was a very successful year for NIB. We acquired and completed a series of projects. Some projects are still running and a couple of new ones are in the initiation phase – please keep your fingers crossed! We expand our network, foremost in the area of startups, and new network partners have been on-boarded.

We enhanced and sharpened our profile. Besides classical consulting on e.g. products and strategy, we developed the second pillar (connecting insurers and cooperation partners) and the third pillar (developing and promoting own digital products concepts including their implementation). This is a major milestone in the short history of NIB and will be rolled out further in 2019.

It is worth to mention that NIB was this year on its way in Germany, Switzerland, Austria, Liechtenstein, Poland, Slovenia and France.

We thank all of you so much for the good discussions, the new ideas that we developed together and the time and thoughts we shared. We are grateful for all your support, encouragement and your trust!

Together we will reshape insurance and financial services!

We wish you a happy and peaceful year’s end and a marvelous start into a bright and prosperous new year!