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      The digital transformation is gaining momentum, not least due to advances in the field of generative AI.  In conjunction with rising cost pressure, this is increasing the demands on the efficiency of your own organisation.

      Customers expect a fast, uncomplicated service and a hybrid customer journey.

      Insurance companies face a number of challenges

      The regulatory and social ESG requirements for insurers are increasing in quantity and quality, making sustainability an increasingly important success factor.

      At the same time, there are a number of new business opportunities

      Platform approaches such as "Financial Home" go beyond the pure insurance product and enable better coordinated cooperation with third-party distributors.

      New AI models offer the opportunity to address and support customers in a more personalised and tailored manner.

      Actively tackling challenges and opportunities

      To ensure that they remain competitive in the future, insurers must actively tackle the challenges and opportunities mentioned.

      The definition of future-proof strategies and the integration of more efficient processes and IT infrastructure are crucial here.

      This goes hand in hand with the (agile) transformation of their own organisation and a realignment of their interaction with customers.


      The Management Consulting Insurance team supports insurance companies

      We help you to actively utilise the potential of the current and future insurance market.

      We are characterised by in-depth industry expertise, end-to-end delivery capability (from strategy to (IT) implementation) and a holistic view of current trends and developments.

      In doing so, we draw on our large network of experts within KPMG.


      Implementing strategies means thinking ahead about the consequences for the organisation and IT and - especially in the insurance industry - keeping an eye on the regulatory framework. This holistic approach is our trademark.
      Dirk Siegel
      Dirk Siegel

      Partner, Financial Services

      KPMG AG Wirtschaftsprüfungsgesellschaft


      A selection of our services for your company

      tenancy

      Business model and (agile) organisational development:

      • Business strategy and market orientation (product portfolio, customer segments, sales channels, marketing, pricing)
      • Strategic transformation management and programme architecture
      • Agile transformation (agile mindset, agile strategy, objectives and key results)
      • Market entry and growth strategies
      • Identification of cross-divisional and cross-industry platform models (e.g. Financial Home)
      • Innovation strategies
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      Optimisation of sales processes and structures:

      • Analysis of remuneration systems and redesign as well as review of strategy conformity
      • Consolidation of commission systems
      • Market development model for third-party distributors (design of services for third-party distributors and support organisations)
      • Conception and operationalisation of (IT) development plan
      • Customer-centric sales transformation (conception of a target image, development of the operating and organisational model)
      • Analysing and implementing the use of technologies in the customer journey
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      End-to-end transformation of insurance processes:

      • End-to-end legacy transformation
      • Process optimisation/automation and complexity reduction
      • Optimisation of the claims function and digital claims
      • Post-merger integration of operations and IT
      • IT strategy (e.g. make or buy analyses)
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      ESG strategy and operationalisation:

      • As-is analysis and the development of purpose-driven sustainability strategies
      • Conception of a social strategy (for the "S" in ESG)
      • Measuring, analysing and defining measures to reduce the CO2 footprint
      • Definition of sustainability criteria for IT (e.g. development and procurement of sustainable software)
      • Carrying out an ESG market analysis and benchmarking with a view to the most relevant competitors in each case
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