Web Session: Modern Product Development in Life

Insurance business is under threat. Numerous topics put pressure on insurance business, products and product management: low interests, new regulations, new transparency, new requirements from sales channels and also retail clients, the advent of the technological movement in insurance («InsurTech»), and many more. It is obvious that current best practice is not sufficient anymore and some product types are just not working any longer. Insurers need to change their product development fundamentally. It needs to be faster, innovative, sustainable, more flexible and pretty much closer to sales and clients.

The web session deals with product development of life insurance products (i.e. saving and retirement products as well as risk products):

Day 1 will give an overview on current life product landscape, focusing saving products. Thereby, we will pay attention on the general product technique as well as on the major performance drivers. Therefore, we will have now and then a deep dive into the area of assets and investments dedicated and eligible for life insurance products. Finally, we will also discuss some enhancements of basic life insurance products as well as new approaches.

Day 2 starts with risk products and potential enhancements in the digital age. Then we will turn our attention to major aspects of modern product development projects. Here we cover topics like digitization, user experience and agile development. In the afternoon, we wrap up major aspects of the web session in a live demo. This showpiece will demonstrate how fast and flexible modern product development projects can or better “should” be.

Are you interested in a condensed but comprehensive overview on basic and present life insurance products? Would you like to know how modern life products really work? Are you looking for a brief overview on the life product landscape? Would you like to discuss different product techniques with experts and gain insights in the future of life product development? Are you interested in accelerating your life product development projects? Then this web session is perfect for you!

Lecturers:

  • Dr Axel Wachsmann – Barclays
  • Dr Elias Vicari – Squarelife
  • Frank Genheimer – New Insurance Business

Further details as well as registration is available here.