The ÖRAG Group joins the InsurTech Hub Munich (ITHM) as a new insurance member. This further expands the ITHM's reach in Germany and strengthens its leading position as a national and international center for insurance innovation. With the ÖRAG Group, the ITHM has gained another representative from the group of public insurers. In addition to ÖRAG, two large public insurers - Provinzial Versicherung and Versicherungskammer Bayern, one of the hub's founding members - are already members of the ITHM.
The ÖRAG Group, headquartered in Düsseldorf, serves around 12 million customers through its umbrella companies ÖRAG Rechtsschutzversicherung and Deutsche Assistance Versicherung. As the central cooperation partner for legal insurance in the group of public insurers, ÖRAG-Rechtsschutzversicherungs-AG is one of the top 5 in the German legal insurance market. In addition, the ÖRAG Group, as a realization partner for public insurers, offers a broad spectrum of assistance services in the areas of mobility, buildings and health.
The ÖRAG Group organizes emergency assistance for its customers - quickly and digitally. Innovative solutions in customer care and service provider coordination - in Germany and abroad - combine customer needs and the necessary process excellence. At the same time, current and future challenges of the digital transformation of the insurance industry are taken into account and, for example, solutions are offered for the current issue of cyber security.
"By joining the InsurTech Hub Munich (ITHM), we are strengthening our strategy of driving technological change with innovative ideas. This will enable us to create a range of services that is even more digital, even more innovative - and can be communicated centrally," explains Dragica Mischler, CEO of ÖRAG Rechtsschutzversicherungs-AG and Deutsche Assistance Versicherung AG. "By cooperating with the InsurTech Hub Munich and linking up with global networks, we can develop and implement joint solutions for the challenges of tomorrow."
Christian Gnam, Managing Director of the InsurTech Hub Munich , adds: "We are delighted to welcome a new member, the ÖRAG Group, and to further position the InsurTech Hub Munich as an innovation hub for national champions, industry specialists and medium-sized insurers throughout Germany."
"The ÖRAG Group will expand the know-how of the community and make an important contribution to our innovation programs with its expert knowledge of legal expenses insurance and assistance services. ÖRAG's accession further demonstrates the claim of digital excellence in the group of public insurers in Germany," adds Johannes Wagner, Managing Director of Bavaria Versicherungsvermittlungs- GmbH, Head of the Startup Cooperation of Versicherungskammer Bayern and ITHM Board Member.
Further information in the full press release.
Text: ITHM
