1. New Trends and Products in the European Market
11th November 2016
New Trends and Products in the European Market
© Simon Hogg 2016

2. Solvency II IMD / IDD Market Forces! New Trends & Products
Soft Market
Low Interest Rates
© Simon Hogg 2016

3. 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
© Simon Hogg 2016

4. 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
© Simon Hogg 2016

5. New Insurance Paradigm
Customer Information
Value Added Services
Claims Management
New Insurance Paradigm
Personalized Products
Targeted Investment Mandates
Interconnectivity (IOT)
© Simon Hogg 2016

6. New Insurance Paradigm
Products & Delivery
PRODUCT INNOVATION
New Insurance Paradigm
CHANNEL DISTRIBUTION
© Simon Hogg 2016

7. Products PRODUCT INNOVATION CONCRETE EXAMPLES
Combined Commercial Policies
Personalized Travel
PAYG / PHYG Health and Motor
Cyber Integration
© Simon Hogg 2016

8. Banks Policy Integration
Cyber
BVI FSC
Cyber
DIC / DIL
CIMA
Current Projects
Banks Policy Integration
Luxembourg Funds
SME Integrated
© Simon Hogg 2016

9.
© Simon Hogg 2016

10. Delivery CHANNEL DISTRIBUTION DISRUPTIVE STRATEGIES
Alternative Insurance Platforms
Fintech / Google
New Intermediaries / Aggregators
Manging General Agents
CHANNEL DISTRIBUTION
© Simon Hogg 2016

11. Managing General Agency
Business Cannibalization
Product Specialisation
Distribution
MGAs
Ability to Deploy Tech
Innovation
Regulatory Freedom
© Simon Hogg 2016

12. Summary
© Simon Hogg 2016

13. 11th November 2016
Thank You!
© Simon Hogg 2016