February 21, 2024

The Insurance Couch - Direct Insurers

59 minutes

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

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By Nikolaus Sühr