The InsurTech Use Cases That Actually Improve the Insurance Business
Insight on Use Cases for traditional insurance companies, that would reap the low hanging fruits for incumbents with a direct impact on profits. This is a key question that Lukas Naab from MINDS-Medical, Uli Kleber from The Digital Insurer, and (me) Karl Heinz Passler from Baloise Insurance Group were asked in a panel on InsurTech.
Panel: InsurTech - Leveraging Digital Innovation to Transform Insurance Sector
The panel discussion "InsurTech - Leveraging Digital Innovation to Transform Insurance Sector" was moderated by Matthias Reinwarth from KuppingerCole Analysts and included the following panelists:
Lukas Naab from MINDS-Medical https://www.kuppingercole.com/events/dfw2019/speakers/2186
Uli Kleber from Accenture https://www.kuppingercole.com/events/dfw2019/speakers/2323
Karl Heinz Passler from Baloise https://www.kuppingercole.com/events/dfw2019/speakers/2324
Top Quotes
If an #InsurTech #startup can reduce the claims ratio. This would be a direct profit for the #insurance company.
As an #InsurTech #startup, search for low-hanging fruits and create #Insurance Use Cases around them.
What #insurance companies are doing right now, is sending paper back and forth, and send customers to the post office. It is a hassle.