Strategic Archetypes for AI in Insurance
In the vibrant and dynamic landscape of AI, the swift integration of new technology is reshaping industries, posing challenges to established norms. The potential benefits of AI for insurers are substantial, from operational gains to meeting customer expectations and facilitating talent recruitment. Recognizing the pivotal moment in the industry, InsurTech Hub Munich, launches two “Scale AI” programmes.
Are you prepared to unlock the full potential of AI in insurance?
Are you eager to accelerate the AI transformation?
Are you ready to extract maximum value from AI integration?
Now is the time to scale AI within your organization.
To fully harness AI potential, insurers must strategically integrate and scale it within their organization moving beyond isolated proof of concepts to establish high-value end-to-end process transformation. Our programmes will focus on two key areas of action:
Strategic Archetypes
Setting an ambition for scaling AI
/ Understand in which areas AI will provide your organization with a competitive advantage
/ Learn about strategic archetypes for insurers to leverage this competitive advantage
Strategic Archetypes for AI in Insurance
Blueprint of possible operating models
Operational Success
Operationalizing the ambition
/ How do I need to design my organization for success in scaling AI (i.e. operating model, governance, talent, etc.)?
/ What “golden use cases” can push AI to another level in the organization?
AI in Insurance Use Case Heatmap
Blueprint for selected use cases
``AI can enhance customer focus in strategic initiatives by providing insights into customer behaviour, enabling personalized experiences, improving customer service, and facilitating targeted marketing. This will lead to increased engagement, sales, and customer satisfaction. And finally driving business growth``.
``The new generative AI wave presents an amazing opportunity for insurance and we feel privileged to be able to participate in the Insurtech Hub Munich Scale AI Committee to stretch our thinking of what's possible in this space.``
``AI can analize vast amounts of real-time data, dynamic approach which leads to more accurate risk-assessment, minimizing the potential of human error in claims by giving objective and consistent decisions; and can be of use to enabling early risk detection and prevention.``
``AI can help insurers to massively improve across the entire value chain, but with many 'unknown unknowns' - so let's experiment and learn together!``
``The rise of GenAI in the insurance industry is reshaping the way we mitigate risk, enhance customer experiences, and drive operational efficiencies. Embracing this transformative technology is not just a choice, but a necessity for insurers to stay ahead in the digital age.``
April 18th
- Inspirational insights into opportunities of AI for insurance
- Presentation of SCALE AI Committee ‘golden use cases’
- In-person event
April 30th
- EU AI Act for insurers: how to move within safe regulatory framework and operational implications
- Dr. Gunbritt Kammerer-Galahn (Partner at Taylor Wessing)
- Webinar (German)
May 13-14th
- AI challenges and future possibilities
- AI implementation in insurance
- In-person event by Süddeutsche Zeitung
Not part of our community yet but want to be at the forefront of scaling AI?
Want to get involved?
Are you a startup with questions on how to join our collaboration programme? Are you eager to learn more about the incredible opportunities Scale AI could hold for you?
Estefanía Rodríguez Migliarini
Programme & Startup Relations Manager
Let's Talk
Do you have questions about your involvement in the corporate curriculum on scaling AI? Are you looking to boost digital trasformation within your company?
Dr. Reinhard Saller
Director Partnerships and Communications
Get in Touch