Connecting Insurance

Connecting Insurance Podcast Episode 15 with Dominik Wexenberger

14.08.2023, 13:41

Is it possible to become a  fluid speaker in German, English, Spanish or French within 200 hours of study?

Spoiler Alert: It is. 

In this episode of the Connecting Insurance Podcast, KASKO CEO and Co-Founder Nikolaus Sühr talks with Dominik Wexenberg, who lived studied and worked in different countries like Spain, England and France before coming to Mexico, where he currently resides. With a university background in ​​psychology, philosophy, sociology and linguistics and experiencing many different countries, languages and cultures first-hand, Dominik found his passion in teaching others languages professionally. Knowing languages can always be helpful for your career development

In this podcast, you can learn:

📌About Dominik and his approach to teaching busy people languages efficiently

📌 Common reasons why people fail in learning a new language

📌 Why language lives from the context

📌 Why only learning Vocabulary and Grammar will not necessarily make you fluent

📌 How Dominik's language learning system works

📌 Why memory exercise goes hand in hand with language learning

📌 Why it is easier to learn a language in a country and not in regular language class and how to "produce" the necessary environment for learning a language

#inspiration #language #learning #business #selfdevelopment

Connecting Insurance Podcast Episode 14 with Astrid Bayer

08.08.2023, 16:36

Astrid Bayer is Sustainability Officer at Provinzial and responsible for all sustainability-related topics since 2018. Not just in her business life but also in her private life sustainability is an important topic for her.

In the Connecting Insurance Podcast Astrid shares with Nikolaus Sühr insights about:

📌 More about Astrid, her background and reasons why sustainability is an important topic to her

📌 Why the insurance industry needs to move towards sustainability now and have a duty to tackle sustainability issues

📌 Where the insurance industry and insurers in particular have the power to positively contribute to a more sustainable world

📌 How sustainable investing works at Provinzial (ESG principles, exclusion criteria, ESG committee, investment policy/guidelines)

📌 “Quick wins” for sustainable operations (CO2, offices, employee benefits (last mile solution, perks, cafeteria))

📌 Sustainable concepts in terms of “product development”, and other sustainability approaches (e.g. ESG screening of corporate clients or approaches of Gothaer, HUK, Provinzial etc.)

📌 The roadmap to climate-neutral 2050 for capital investments and how to measure CO2 of investments

📌 Where sustainability is attached within the Provinzial company structure (Marketing & Communication (2018) vs. Risk Management (today))

📌 Consolidated losses and if they affect decision-making towards sustainability or away from sustainability (climate change as a factor)

#sustainability #insurance #insuranceindustry #insurer #versicherung #nachhaltigkeit #investment #sustainable

Connecting Insurance Podcast Episode 13 with Marcel Walther an Actuarial Data Scientist

09.02.2023, 16:57

Marcel Walther is Senior Manager at EY Tech Consulting and considers himself an "Actuarial Data Scientist", as in his past he was both "an actuary and a data scientist. In the past, he helped Oliver Lang, former InsurTech CEO at wefox/One insurance, create the insurance playbook for the insurance unicorn. For him,  insurance is a data product - based on information and risk, that gives him the advantage of combining his two backgrounds and skillsets.  In this podcast episode, Marcel and Nick discuss and share details about product management, distribution channels and customer centricity in the insurance industry. Some topics that are covered are:  

🏁 The differences and intersection between the role and definition of a  data scientist and an actuary
🏁 Technical product management combined with the insurance product and market knowledge can’t be seen independently
🏁 What is already working well in the insurance industry
🏁 Where is space for improvement in the insurance space
🏁 Why “real” and “disruptive” product innovation in the insurance industry are rare
🏁 Why buying behaviour matters and making a bet on changing client behaviour is not a good idea
🏁 What is the “One Policy” concept from Wefox/One Insurance and why is it relevant
🏁 What is the “Switch product”
🏁 How to optimize through all distribution channels (Aggregators, Broker, NAFI, AOs)
🏁 How to use distribution aggregators as distribution channels (e.g.check 24) and how to optimate products for that channel
🏁 The role of trust between end consumer, broker and insurer
🏁  Ideas on how to enable brokers with insurance products and services and tools so all parties benefit  

#podcast #insurance #distribution #versicherung #insuranceindustry #versicherungsmakler #insuranceagent #datascience

Connecting Insurance Podcast Episode 12 with Thomas Bischof from Gothaer & Karl Dienst from Wegatech

01.02.2023, 17:46

Thomas Bischof is the CEO of Gothaer Allgemeine Versicherung AG and is responsible for the Property & Casualty (P&C) business. Karl Dienst is the Founder of Wegatech, a company that sells and installs Heat Pumps, Photovoltaics, battery storage systems, and e-charging stations that make its predominantly B2C clients self-sufficient in terms of energy usage. Recently Gothaer invested in Wegatech.

In this episode of the Connecting Insurance Podcast, Thomas and Karl share with Nick details about this investment and the importance of sustainability in both of their businesses.Also, they share info about:

🌿 The professional background of Thomas Bischof and Karl Dienst
🌿 Why Gothaer as an insurer invested recently in Wegatech
🌿 What benefits Gothaer gets from this partnership
🌿 What are the benefits for Wegatech
🌿 How does the project 500-50-5 work and why is it for free
🌿 How does Karl meet the demand for new clients
🌿 Financing solutions of sustainable improvement projects for B2C and B2B clients (e.g. "Energy as a Service")
🌿 Why everybody can make a difference and why taking any step is “right”

#podcast #sustainability #insurance #insruanceindustry #nachhaltigkeit #versicherung

Connecting Insurance Podcast - Episode 11 with Oliver Lang

25.01.2023, 15:34

Oliver Lang has a history of working in the Insurance and InsurTech scene with 25 years of experience in the industry.

Coming from a background in consulting he founded several businesses (Sales & MGA's, insurers) and held a variety of positions with his last role being the CEO of InsurTech unicorn wefox and his new role as an advisor and part of supervisory boards of several companies in the insurance space, he is staying true to his two professional interests: Insurance & growth strategies.

Oliver has been a guest on the podcast previously, but in this episode, he and Nick discuss in detail Insurance distribution and Sales structures and how they will change through the progressing market consolidation.

Insights that are discussed are:

🔍 Background of the insurance distribution industry and the role of consolidation
🔍 Why the consolidation in the insurance distribution industry is interesting from a PE perspective
🔍 When people actually need the attached "Service" of insurance sales/consulting/customer support
🔍 Three phases/waves of market consolidation and how long they take
🔍 What multiples investors look for in the first phase of consolidation
🔍 Aggregation of different distribution concepts, advantages/disadvantages and variability
🔍 How to deal with diverse portfolios (industry & retail)
🔍 (Expandig) Companies in the German market that are pretty actively growing through M&A
🔍 Best practices from the UK/US
🔍 Who will be most affected by the future changes
🔍 How A,B,C Brokers and Pools (wholesale brokers) work and how this will work in the future
🔍 Which questions are (too) rarely asked related to the topic of consolidation in the insurance industry

Check out the Episode!

#insurance #germanpodcast #insuranceindustry #versicherung #versicherungsmakler #brokers #consoldiation