InsurTech Hub Munich is introducing its NXT:Commercial Innovation Programme, centred on commercial insurance for SMEs.
The small and medium-sized enterprise segment is set to thrive in the coming years, a valuable opportunity also for insurers to develop targeted offerings and enhance their digital sales capabilities in this often overlooked market. Data, analytics and automation for this segment but also targeted products around cyber security and sustainability will be the focus of the upcoming Innovation Programme, NXT:Commercial, centered on further developing the SME segment in insurance.
Are you an insurance carrier looking for solutions to increase your SME portfolio, build new capabilities and scout new product offerings? Are you a startup with a solution to close the protection gap in the commercial space through improved processes or products?
Three Main Challenges
Providing Cybersecurity
How can insurers develop new offerings from prevention to recovery to help SMEs improve their cyber security and resilience?
Accelerating Digitization
How can insurers encourage and enable sustainable practices in the SME sector to contribute to ecological transformation?
Enabling Sustainability
How can insurers better serve digitally savvy business owners and contribute to the successful digital transformation of SMEs?
Most programme elements are carried out remotely with the exception of the onboarding week and the InsurTech Innovation Night.
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Discover how insurers are evolving into essential safeguards for Small and Medium Enterprises (SMEs), bolstering their stability, security, and prospects for sustainable growth. This article delves into the strategies and innovations insurers are employing to bridge the divide between perception and reality in risk coverage for SMEs, ultimately fortifying fortifying their security, resilience, and long-term growth.