Insurance Companies

The core challenges for insurance companies to ensure sustainable competitiveness lie in digital transformation, adapting to regulatory requirements, integrating sustainable business practices, developing innovative products and services and strengthening customer loyalty through personalized experiences.
confidum insurance

Framework conditions and current challenges:

Framework conditions and current challenges:

  • Significant changes in the framework conditions, such as Demographic change, digitalization & AI, the labour market, market concentration, takeovers and succession regulations in broker sales, the effects of climate change on the frequency and amount of claims, volatility in the capital and money markets and, last but not least, the flood of regulatory requirements have a fundamental impact on insurance companies
  • This requires innovative and intelligent further development of the business model along all relevant design factors in the insurance business.
  • The CONFIDUM insurance team knows the industry from over 20 years of intensive project work and has been involved in many important decisions and initiatives of insurance companies in Austria, Germany and the CEE region. We have a broad spectrum of industry-proven approaches at our disposal to work with insurance companies on their challenges.
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CONFIDUM expertise and range of services (excerpt):

CONFIDUM expertise and range of services (excerpt):

  • Evaluation, realignment and digitalization / automation of business models
  • Market potential and sales penetration
  • Customer and target group strategies as well as expansion strategies into new markets
  • Hybrid omnichannel sales: alignment of sales channels / the sales channel mix
  • Network / cooperation models and ecosystems
  • Alignment of remuneration models
  • Optimization / restructuring of sales and back office areas
  • Strategic and operational management incl. KPI management
  • Optimization of customer service structures and processes
  • Efficiency and productivity enhancement programs (control, processes, digitalization, automation)
  • Evaluation, realignment and digitalization / automation of business models
  • Market potential and sales penetration
  • Customer and target group strategies as well as expansion strategies into new markets
  • Hybrid omnichannel sales: alignment of sales channels / the sales channel mix
  • Network / cooperation models and ecosystems
  • Alignment of remuneration models
  • Optimization / restructuring of sales and back office areas
  • Strategic and operational management incl. KPI management
  • Optimization of customer service structures and processes
  • Efficiency and productivity enhancement programs (control, processes, digitalization, automation)