Insurance Couch Podcast

By Nikolaus Sühr

Get Your Insurance Fix on "The Insurance Couch" Podcast!

Join Oliver Lang, former CEO of InsurTech Unicorn Wefox/One Insurance, Supervisory board member and Advisor and Nikolaus Sühr, Co-Founder and C... more

· Business

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FAQs about Insurance Couch Podcast:

How many episodes does Insurance Couch Podcast have?

The podcast currently has 65 episodes available.

Insurance Couch Podcast episodes:

May 08, 2024The Insurance Couch Podcast - Beyond Insurance
Get Your Insurance Fix on "The Insurance Couch" Podcast!
Join Oliver Lang, former CEO of InsurTech Unicorn Wefox/One Insurance, Supervisory board member and Advisor and Nikolaus Sühr, Co-Founder and CEO of InsurTech Enabler KASKO as they bring you unique insights from their experiences in the insurance world.

Here are some of the key insights from this podcast episode:
Don’t build what you can’t sell is also true for services beyond insurance.

Many services beyond insurance fail – you need to be able to test and end new services quickly.

These days, this ability includes sales and marketing (digital and traditional) as much as product and operations on both a pilot and large-scale basis.

Services beyond insurance typically drive the volume or profit margin of the core insurance business.

Some services beyond insurance work for one provider in one market but not for others.

Listen to "The Insurance Couch" to stay tuned for the newest chatter about the industry!
#insurance #insuranceindustry #versicherungsbranche #versicherung #versicherer #beyond
...more
50min
April 24, 2024The Insurance Couch Podcast - Internationalisation
Get Your Insurance Fix on "The Insurance Couch" Podcast!
Join Oliver Lang, former CEO of InsurTech Unicorn Wefox/One Insurance, Supervisory board member and Advisor and Nikolaus Sühr, Co-Founder and CEO of InsurTech Enabler KASKO as they bring you unique insights from their experiences in the insurance world.
This episode is all about internationalisation in the insurance industry 🎙️
Organic internationalisation without an existing distribution channel is suicide.
What you buy when purchasing an insurer abroad is mainly its access to distribution channels.

For cross-country regulation turn to people who have been there and done that – don’t pay for a professional service firm’s learning journey.

Product and tech similarities between countries are mostly a myth.

There’s no economy of scale in insurance.
Listen to "The Insurance Couch" to stay tuned for the newest chatter about the industry!
#insurance #insuranceindustry #versicherungsbranche #versicherung #versicherer #international #internationalisation #globalisation #global
...more
51min
April 10, 2024The Insurance Couch - High Frequency Claims
Get Your Insurance Fix on "The Insurance Couch" Podcast!
Join Oliver Lang, former CEO of InsurTech Unicorn Wefox/One Insurance, Supervisory board member and Advisor and Nikolaus Sühr, Co-Founder and CEO of InsurTech Enabler KASKO as they bring you unique insights from their experiences in the insurance world.
This episode is all about high-frequency claims and how they affect the insurance industry 🎙️
High-frequency claims lines can be handled profitably with exclusions without lowering prices.

Making it harder for customers to hand in claims esp. around proof of purchase and loss is key to ensure profitability.

Detecting fraud is even more important for high-frequency claims products as people cheat more.

You must force customers into digital journeys.

Behavioural psychology can help drive down claim frequency
Listen to "The Insurance Couch" to stay tuned for the newest chatter about the industry!
#insurance #insuranceindustry #versicherungsbranche #versicherung #versicherer #protection #cover #claims
...more
55min
March 20, 2024The Insurance Couch - Natural Catastrophes
Get Your Insurance Fix on "The Insurance Couch" Podcast!
Join Oliver Lang, former CEO of InsurTech Unicorn Wefox/One Insurance, Supervisory board member and Advisor and Nikolaus Sühr, Co-Founder and CEO of InsurTech Enabler KASKO as they bring you unique insights from their experiences in the insurance world.
This episode is all about natural catastrophes and how they affect the insurance industry 🎙️
These are some key points about what to expect to learn from the conversation in this podcast session:
Over the last three decades, the economic effect caused by climate change has increased by 250%

Still, the increase in damage from climate change is insurable

As an insurer, you must have an assessment of the potential impact climate change has on your business

Any government should have an annual nat cat budget – then the effects of prevention measures can be measured

The key question on mandatory coverage is: risk-based pricing vs. social pricing
Listen in to "The Insurance Couch" to stay tuned for the newest chatter about the industry!
#insurance #insuranceindustry #versicherungsbranche #versicherung #versicherer #protection #cover
...more
47min
March 06, 2024The Insurance Couch - Credit Protection Insurance
Get Your Insurance Fix on "The Insurance Couch" Podcast!
Join Oliver Lang, former CEO of InsurTech Unicorn Wefox/One Insurance, Supervisory board member and Advisor and Nikolaus Sühr, Co-Founder and CEO of InsurTech Enabler KASKO as they bring you unique insights from their experiences in the insurance world.
This episode is all about Credit Protection Insurance🎙️
The party as we know it is over in Germany.

Distribution must be completely rethought.

Products and technology must adapt to the new normal.

Cross-selling other (insurance) products can make up for some of the lost business.

As a manager in credit protection insurance, it’s your opportunity to turn a threat into an opportunity.
Listen to "The Insurance Couch" to stay tuned for the newest chatter about the industry!
#insurance #insuranceindustry #versicherungsbranche #versicherung #versicherer #protection #cover #credit
...more
48min
February 21, 2024The Insurance Couch - Direct Insurers
Get Your Insurance Fix on "The Insurance Couch" Podcast!
Join Oliver Lang, former CEO of InsurTech Unicorn Wefox/One Insurance, Supervisory board member and Advisor and Nikolaus Sühr, Co-Founder and CEO of InsurTech Enabler KASKO as they bring you unique insights from their experiences in the insurance world.
This episode is all about Direct Insurers 🎙️
These are some key points about what to expect to learn from the conversation in this podcast session:
Online direct insurers need a long-term owner
Getting services from mother companies at cheap variable costs is an unfair advantage for HUK24 and Smile

Motor insurance is the biggest line for online direct insurers because it’s mandatory

Eventually, online direct insurers need a strong brand to drive down CAC

As an online direct insurer, your cost base (claims plus admin) must be 10% lower than your competitors' cost base

Building your own operations & claims technology doesn’t seem to help an online direct insurer

Focus should be on agility and flexibility to optimise the sales funnel (lead gen, sales funnel, product features)
Listen in to "The Insurance Couch" to stay tuned for the newest chatter about the industry!
#insurance #insuranceindustry #versicherungsbranche #versicherung #versicherer #direct #d2c #b2c
...more
1h
February 07, 2024The Insurance Couch - Carbon Offset Insurance
Get Your Insurance Fix on "The Insurance Couch" Podcast!
Join Oliver Lang, former CEO of InsurTech Unicorn Wefox/One Insurance, Supervisory board member and Advisor and Nikolaus Sühr, Co-Founder and CEO of InsurTech Enabler KASKO as they bring you unique insights from their experiences in the insurance world.
This episode is all about carbon offset insurance 🎙️
These are some key points about what to expect to learn from the conversation in this podcast session:
Carbon offset compensates for a greenhouse gas emission that an individual or organization produces

Sellers of carbon offset are projects that reduce or remove greenhouse gas

Buyers are corporations and investors that produce greenhouse gas

The market will be up to 40 billion USD p.a. and the parties typically work with a 20% safety margin

Buyers as well as sellers can be insured for financial losses due to the invalidation of credits

This is one of the opportunities that ESG creates for the insurance industry
This new market requires expertise and technology from insurers
Listen in to "The Insurance Couch" to stay tuned for the newest chatter about the industry!

#insurance #insuranceindustry #versicherungsbranche #versicherung #versicherer #sustainability
...more
47min
January 24, 2024The Insurance Couch - Tied Agents
Get Your Insurance Fix on "The Insurance Couch" Podcast!
Join Oliver Lang, former CEO of InsurTech Unicorn Wefox/One Insurance, Supervisory board member and Advisor and Nikolaus Sühr, Co-Founder and CEO of InsurTech Enabler KASKO as they bring you unique insights from their experiences in the insurance world.
This episode is all about tied agents 🎙️
These are some key points about what to expect to learn from the conversation in this podcast session:
Insurtechs ultimately didn’t work because of the expense and time it takes to build trust

Until today, major growth comes from organizations with strong tied agents

Today, agencies come in many formats – each has its right to play

The secret to success for tied agents is to find a Target Operating Models (TOM) that work

Don’t hire agents into the wrong TOM for them

Try to find agents that are already looking for alternatives
Listen in to "The Insurance Couch" to stay tuned for the newest chatter about the industry!
#insurance #insuranceindustry #versicherungsbranche #versicherung #versicherer #insuranceagents #distribution
...more
51min
January 10, 2024 The Insurance Couch - What stays from 2023?
Get Your Insurance Fix on "The Insurance Couch" Podcast!
Join, ⁠Oliver Lang⁠ former CEO of InsurTech Unicorn Wefox/One Insurance, Supervisory board member and Advisor and ⁠Nikolaus Sühr⁠, Co-Founder and CEO of InsurTech Enabler ⁠KASKO⁠ as they bring you unique insights from their experiences in the insurance world.
This time they talk about what trends to expect to stay from 2023.
📌 We haven’t seen much operational improvements in broker consolidation platforms.
📌Pet is still a growth area – but not very profitable.
📌 2023 was the year of restructuring in P&C insurance – and it’s not over yet.
📌 Every insurance company looked at embedded insurance in 2023.
📌 MGAs are the vehicle of choice for corporate innovators.
📌The "Innovation Theatre" has ended.
Listen in to "The Insurance Couch" to stay tuned for the newest chatter about the industry!
...more
55min
January 10, 2024 The Insurance Couch Podcast - Insurance Industry Forecast 2024
Get Your Insurance Fix on "The Insurance Couch" Podcast!
Join, Oliver Lang former CEO of InsurTech Unicorn Wefox/One Insurance, Supervisory board member and Advisor and Nikolaus Sühr, Co-Founder and CEO of InsurTech Enabler KASKO as they bring you unique insights from their experiences in the insurance world.
This time they talk about what to expect about what we expect to see happening in 2024 in the #insuranceindustry.
Here are six forecasts of many more you can expect in this podcast episode:
📌 None of the 2023 hype topics will see a break-through in 2024.
📌 Personal sales organizations will continue to thrive.
📌 Online direct sales will not grow.
📌 If you want to do embedded insurance in 2024 you must do it right.
📌 Insurers will focus on profitability – and they will increase prices.
📌 Brokers will be able to pay more salary than (re)insurers to sales agents or underwriters.

Listen in to "The Insurance Couch" to stay tuned for the newest chatter about the industry!
...more
54min

FAQs about Insurance Couch Podcast:

How many episodes does Insurance Couch Podcast have?

The podcast currently has 65 episodes available.