Let’s not fool ourselves: The classic insurance customers are becoming fewer and fewer. Digital natives find information on the internet and want flexible insurance products that are tailored exactly to their life situation. Innovative InsurTechs have a huge advantage. They use new approaches based on data, live analytics and artificial intelligence.
The traditional insurance company must catch up in their know-how and their infrastructure framework conditions. They need contemporary products, new business models and an effective omni-channel strategy.
DIGITALIZATION: THE 7 FACTORS FOR A SUCCESSFUL TRANSFORMATION
Digitalization has reached even the most conservative industries. Today, the question is no longer whether change is coming, but rather how big these changes will be. If you want to be successful with digitalization, you must act – but what is the best approach? …
Agile as Insurance for Success
Picking up on trends and turning them into new products is difficult to do within the frame of routine processes. In recent decades, organizational forms were established that worked for the traditional insurance business but are now too rigid for the demands of the digital age. These forms restrict the creative potential of the organization and prohibit fast innovation processes.
That is changing now. Established insurance companies are starting the first agile pilot projects – with impressive results, which we see every day at our customers. An agile transformation can also open up new perspectives for the future in your insurance company.
HOLTZBRINCK LEGAL/GENERAL COUNSEL: THE AGILE LAWYERS
“If even a legal department can manage it, then others must be able to as well”, says Dr. Sascha Theißen, Senior Vice President Legal/General Counsel of the Holtzbrinck Publishing Group, with a generous dose of self-irony. I met him during the “Manage Agile 2014” where he told me he had introduced Kanban and the first Scrum ideas „pragmatically”…
We Help You with the Transformation
Agile offers insurance companies the chance to get back on a path to innovation. Just like with any evolutionary process, an agile transformation also has risks. However, you can be sure of one thing: We know which impediments companies need to overcome in this process and we will advise you to the best of our abilities.
The focus of our consulting work lies in anchoring holistic and strategic development in organizations. We support your management team to understand agile values, internalize them and derive a new understanding of leadership from it. We show you and your employees the practical usage of agile methods with training, personal consulting and workshops specifically tailored to your situation.
Make sure that agile thinking also enters into your daily work. With their many years of experience, our insurance industry specialists have developed appropriate strategies for this.
Erst kürzlich hatte ich eine Unterhaltung, in der mir mein Gesprächspartner stolz erzählte: „Ich habe jetzt auch endlich eine Ausbildung als ScrumMaster…
Over the last couple of years, the agile community created lots of ideas how to scale agile teams. However, it did not take too long until we faced the limit…