The year is coming to an end. And more than just a year is leaving – a whole decade is saying goodbye. For the second half of this decade, New Insurance Business is on the move for the financial service industry. New Insurance Business showed presence in no less than 17 European countries with workshops, … Read more Year’s end address 2019 | Welcome dear new decade!
The two-day seminar in Madrid deals with product development of life insurance products (i.e. saving and retirement products as well as risk products). Day 1 starts with an overview on current life product landscape and its evolution over the past decades. We will discuss basic life insurance products for savings and retirement. Thereby, we will … Read more Modern Product Development in Life | EAA Seminar in Madrid | 23/24 SEP 2019
I observe accelerated activities in the InsurTech space, and nowadays also on incumbents’ side. This is really good news! As illustration, I have selected some interesting and groundbreaking news and information from start-ups and incumbents from the past weeks and I insist on commenting on them. Read here my contribution to the latest German Quarterly … Read more CURATED INSURTECH NEWS | What’s going on in D-A-CH region?
I am glad that my successful webinar on InsurTech and digitization in insurance in 2018 is ready for an update – which takes place on June 26, 2019. Change in insurance business is accelerating, however, it is still on a considerable low level. Which is surprising since technology offers solutions to major present challenges and … Read more Update on InsurTech and Digitization in Insurance | Webinar
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 … Read more Year End Address | 2018
My contribution to the latest (and first) German Quarterly Newsletter from The Digital Insurer has just been published. Many thanks to my co-authors Uli Kleber and Lorena Meles as well as to Martin Kornacki and the entire TDI team. The full newsletter is available here.
Low interest environment, new regulation, new requirements from sales channels and retail clients and the advent of technological movement in life insurance business («InsurTech») are changing the game. The present situation reveals that best practice is not good enough anymore and some product types are just not working any longer in this low interest rate … Read more Life Insurance Products – Yesterday, Today and Tomorrow | EAA Seminar in Paris
Just to be clear right in the beginning, regulation and tech startups are not the major threats for a life insurer these days. It makes sense to have a closer look at what is boiling in the kitchens of the new (and old) competitors: 1) Asset managers offering simple, easy and cheap alternatives to classic … Read more Lord(s) of Life Insurance Business | What’s going on in Mordor?
Frank Genheimer from New Insurance Business has been announced to become a member of the Advisory Board of Insury Startup Award 2018.
Dear insurance startups from all around the world! Would you like to top your InsurTech year 2018 with an international award? Well, then apply here.
Frank Genheimer from New Insurance Business will be part of the upcoming Magic of Innovation #MOI2018 in Vienna. He will talk about the 4th wave of InsurTech and he will moderate the panel discussion on «insurance products in the digital age». Learn more about the event and all confirmed speakers of these two exciting days … Read more #MOI2018 | Magic of Innovation 2018 | Vienna
It has been observed that one of the challenges for insurance companies is a lack of customer engagement and positive, regular interactions. One approach to solving this problem is by maintaining a «live connection» to the customer via mobile apps, sensors and other devices and engaging the customer through gamification and other incentives. Lifestyle insurance … Read more Lifestyle Insurance | An interview with the doers