New Trends and Products in the European Market 11th November 2016 New Trends and Products in the European Market 9.11.2018. © Simon Hogg 2016
Solvency II IMD / IDD Market Forces! New Trends & Products Soft Market Low Interest Rates 9.11.2018. © Simon Hogg 2016
Trends Static view of the past Dynamic view on the present Full integration of marketing partners Insurer Data provider Car manufacturer Roadside recovery Restaurants & hotels Windscreen repair Diagnostics Home IOT Work IOT Allianz investment in Nauto in California to bring Telematics to the mainstream 9.11.2018. © Simon Hogg 2016
Trends Static view of the past Dynamic view on the present Full integration of marketing partners Insurer Data provider Car manufacturer Roadside recovery Restaurants & hotels Windscreen repair Diagnostics Home IOT Work IOT Vitality 3 million insureds World-wide from a small operation in South Africa 9.11.2018. © Simon Hogg 2016
New Insurance Paradigm Customer Information Value Added Services Claims Management New Insurance Paradigm Personalized Products Targeted Investment Mandates Interconnectivity (IOT) 9.11.2018. © Simon Hogg 2016
New Insurance Paradigm Products & Delivery PRODUCT INNOVATION New Insurance Paradigm CHANNEL DISTRIBUTION 9.11.2018. © Simon Hogg 2016
Products PRODUCT INNOVATION CONCRETE EXAMPLES Combined Commercial Policies Personalized Travel PAYG / PHYG Health and Motor Cyber Integration 9.11.2018. © Simon Hogg 2016
Banks Policy Integration Cyber BVI FSC Cyber DIC / DIL CIMA Current Projects Banks Policy Integration Luxembourg Funds SME Integrated 9.11.2018. © Simon Hogg 2016
9.11.2018. © Simon Hogg 2016
Delivery CHANNEL DISTRIBUTION DISRUPTIVE STRATEGIES Alternative Insurance Platforms Fintech / Google New Intermediaries / Aggregators Manging General Agents CHANNEL DISTRIBUTION 9.11.2018. © Simon Hogg 2016
Managing General Agency Business Cannibalization Product Specialisation Distribution MGAs Ability to Deploy Tech Innovation Regulatory Freedom 9.11.2018. © Simon Hogg 2016
Summary 9.11.2018. © Simon Hogg 2016
11th November 2016 Thank You! 9.11.2018. © Simon Hogg 2016