Data has always been a fundamental business asset in the insurance industry, and now its consistent aggregation, analysis and interpretation can provide further important, strategic competitive advantages. However, insurance-related data only unfolds its true value when it is shared in a standardized, open and customer-focused manner: Open Insurance.

The InsurLab Germany whitepaper, which was created in collaboration with various member companies, shows that Open Insurance should primarily be viewed as an opportunity. The document is based on the results of the Topic Group Open Insurance, which was founded in April 2021. It highlights the current state of development and dissemination of the topic of the same name, identifies key framework conditions and change drivers, and provides recommendations for action for the industry. In addition, it focuses on four concrete use cases, which are elaborated in detail with regard to their potential and their contribution to value creation.

Questions about the whitepaper or interested in working with us in the future? Then please feel free to contact us!