SCALE AI
Artificial intelligence is fundamentally changing the world of insurance - from automated processes to personalized customer experiences. In 2024, we worked with leading insurers, technology companies and start-ups to explore how AI can be strategically scaled and its full added value realized.
SCALE AI: Together for success
Through the SCALE AI program, we connect experience, knowledge and expertise between insurers with technology companies and startups to create impactful innovations for the insurance ecosystem at the intersection of insurance and technology.
Insurances
We identify the most impactful use cases for AI along the entire value chain in the insurance industry. We share knowledge and best practices, promote opinion leadership and enable collaboration with technology companies and start-ups to effectively utilize AI technologies.
Technology company
We bring together leading technology and strategy experts to identify technological advances, understand regulatory frameworks and discuss the impact on talent, products and business transformation. We provide access to insurance companies, promote knowledge sharing and open up growth opportunities.
Startups
First-class start-ups introduce their AI solutions to insurance companies along the value chain. They develop concrete use cases and implement technological solutions through collaboration within the network. We promote the growth of start-ups by providing access to insurers, industry expertise and regulatory support.
A guide to scaling AI in the insurance industry
To exploit the full potential of AI, insurers must strategically integrate the technology into their organization and scale it. This means going beyond isolated proof-of-concepts and establishing a value-adding end-to-end process transformation. Our programs focus on two central fields of action:
Strategic approach
Goals for the scaling of AI
In which areas can AI give your company a competitive advantage?
What prototypes already exist on the market that are being used successfully?
Operating success
Operationalize approaches
How does your organization need to be designed to successfully scale AI (e.g. operating model, governance, talent, etc.)?
Which use cases can take AI to a new level in your organization?
SCALE AI entries in the ITHM Knowledge Hub
What our network says about us
Find out more about how our partner companies, start-ups and mentors experience working with us. Be inspired by the experiences and impressions of our community!
Right from the start, I was warmly welcomed into a dynamic and open-minded team that really appreciates innovation and fresh perspectives. I am particularly impressed by the fact that everyone is not only open to new ideas, but also actively supports each other. This creates an environment where collaboration is a way of life and every challenge is an opportunity to learn and develop.
Sid Patnaik - Innovation Manager
The ITHM Innovation Program has supported us in entering the German market by opening up numerous business opportunities with potential insurance partners. The program also gave us a deep understanding of the specifics of the German insurance market - much better than we could have achieved on our own.
Martin Fagioli - Co-Founder, Foliume
There is no better and easier way to get to know the best innovations and latest technologies for the insurance industry than the InsurTech Hub Munich. You will discover start-ups that would otherwise have remained hidden from you - carefully selected and optimally prepared. This saves time and guarantees the highest quality.
Johannes Wagner - Head of Property & Casualty Liability / Accident / Financial Lines, Versicherungskammer, Managing Director of the Versicherungskammer Foundation
The InsurTech Hub Munich 's community events focus on the most important topics in the insurance industry and bring together the right people and organizations - a unique added value for the entire industry.
Dr. Josef Adersberger - Managing Director, QAware
Discussions with potential partners must be meaningful and effective for both sides - and this is precisely where ITHM does an excellent job with its concierge services.
Bernadette Frech - Founder and CEO, Instahelp
One of the great strengths of the ITHM network is its diversity: where else can you find global players, regional champions and technology leaders in one place?
Harald Rosenberger - Chairman of the Management Board, NÜRNBERGER Lebensversicherung
The ITHM Innovation Program was an incredible experience. Not only did we have the opportunity to present to some of the biggest players in the industry as we continued our expansion into Europe, but the ITHM team generally gave us great opportunities to learn, grow and develop.
Marykate Baffa - Account Executive, Formotiv
My first intensive contact with the ITHM took me on an innovation trip to Israel in 2019, which was organized for the hub's partners. Since then, I have accompanied the hub on numerous horizon-expanding excursions and experienced it in a variety of innovation and technology formats - always with a clear focus on the most relevant topics. Silicon Valley on your own doorstep, so to speak.
Dr. Klaus Driever - Executive, Allianz Germany
I learned a lot at the ITHM. One of the most important things I learned was that insurers are actively looking to collaborate with innovative start-ups. It therefore makes perfect sense to apply to the ITHM. They have the best connections and are trustworthy partners.
Ulf Loetschert - Co-Founder, Loyjoy
Whitepaper
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SCALE AI - News
Discover the latest developments, trends and successes from our network.
