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June 05, 2024

The Insurance Couch Podcast - Innovation

50 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 innovation in insurance🎙️

Innovation = Novelty * Utilization – and ideally it creates a new profit pool.

Innovation in insurance is barely rewarded by the customer – sometimes it’s triggered by regulation.

Pet insurance, Switch products, embedded insurance, or digital agencies are examples of successful innovation.

Choose your innovation projects carefully – you don’t have an endless capacity to innovate.

Create a set-up to test innovation without impacting the entire organisation.

End the failures – although this is much easier said than done.

Listen to "The Insurance Couch" to stay tuned for the newest chatter about the industry!

#insurance #insuranceindustry #versicherungsbranche #versicherung #versicherer #growth #innovation

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By Nikolaus Sühr