Industry Insights

  • Christian Bieck
    insBlogs Uncategorized

    How can insurers stay relevant when insurance ceases to be mandatory?

    March 19, 2019 by

    Insurance and insurers have been around for millennia, with modern insurance starting in the U.K. more than 300 years ago. For much of this time, incumbent insurers have been protected from competition by four big barriers: regulation, the law of large numbers, the trust nature of insurance, and, last but not least, the inertia of […]

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  • Christian Bieck
    insBlogs Uncategorized

    The platform-fueled insurance future

    September 12, 2018 by

    As announced in my preview post last week, the IBM Institute for Business Value has just released our main insurance study for 2018, titled “The platform fueled-future: New ways to differentiate in a changing insurance industry.” This study is based on a global survey of 1,000 insurance executives, with questions centering on insurance platforms about […]

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  • Christian Bieck
    insBlogs Technology

    Insurtechs – friend or foe of insurers?

    February 14, 2018 by

    How often have you heard the thought leaders claiming “this time it is different – this time, the insurance industry is REALLY being disrupted.” The latest chapter is the insurtech business – flexible, young startups, using innovative technologies and cool new gadgets. They often find and exploit inefficiencies in the insurance value chain, and their […]

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  • Christian Bieck
    insBlogs Uncategorized

    Is data gold, or your kryptonite?

    October 18, 2017 by

    If you are an insurer, ask yourself this question: Are your customers sharing data with you? (If you aren’t you probably are customer of insurance, so just ask it the other way around.) Most likely, the answer is “not if they don’t have to”. Why is that the case? Is it generally privacy concern? Don’t […]

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  • Christian Bieck
    insBlogs Technology

    Looking into the Crystal Ball

    March 28, 2017 by

    Are you interested in knowing the future? I certainly would, the more accurate, the better. (Next week’s winning lottery numbers, anyone?) Unfortunately, as the old Danish proverb goes, “Prediction is very difficult, especially about the future.” My colleague Mark McLaughlin and I gave it a shot anyhow, and you can now read the result in […]

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