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:

Video

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.

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Published by Karl Heinz Passler

I help insurance innovators to apply InsurTech.