Success strategies for life insurers
Benefit from our specific expertise and our comprehensive range of consulting services.
Competent support for change in the life insurance
Life insurers in Germany are facing several major challenges. Firstly, the complicated interest rate environment requires innovative strategies in order to achieve attractive returns for customers. In addition, there is growing pressure to offer sustainable products, as consumers are attaching increasing importance to environmental and social criteria. Digitalization is changing the industry significantly: insurers must implement modern, customer-oriented and digital sales tools in order to remain competitive. At the same time, they face the challenge of making their processes more efficient and ensuring data protection. All of these factors require agile adaptation of business models in order to meet changing market conditions and maintain customer trust. Last but not least, new regulatory requirements are constantly being introduced and active inventory management is required in order to operate profitably.
A range of skills are required to meet these challenges:
- Sales expertise: effective sales strategies and customer acquisition
- Service orientation: Customer centricity and excellent customer service
- Digital competence: ability to use modern technologies and digital sales tools effectively
- Risk management: Competence in identifying and assessing risks
- Product development: Ability to develop innovative and marketable insurance products
- Sustainability skills: Knowledge of sustainable products and their development
- Regulatory knowledge: Knowledge of the current legal framework and regulations
- Data analysis: Use of data to improve offers and for customer segmentation
Horn & Company's insurance practice helps life insurers as a strategy and implementation consultant. From (market) analysis and modernization of operating models to actuarial knowledge for product development.
Our services for life insurers
Horn & Company serves various needs of life insurers on their way to modernization and profitable growth. We can support you with extensive project and practical experience in the following core competencies.
Our experts for life insurance
Our experts have many years of consulting experience and provide orientation for insurers with an eye for what is feasible.