Innovation Management in the Insurance Industry

Spot early signals of change

The changing expectations of insurance clients, particularly younger generations, are driving the development of new insurance products and delivery models.

With ITONICS Insights, insurance companies can access a wealth of information on market developments, consumer behavior, and regulatory changes, allowing them to identify emerging opportunities and potential threats early on. The platform's advanced analytics capabilities allow you to turn data into actionable insights, enabling you to make informed decisions and respond quickly to changing market conditions.

One of the largest insurance groups in Europe, ERGO, uses ITONICS Insights to stay ahead of rapidly evolving market factors and to keep a close eye on competitor activity. To maintain strategic coherence within the organization, ERGO employs expert evaluations to develop annual trend and technology radars in both insurance and HR. This approach not only helps ERGO stay relevant, but also guarantees the satisfaction of their employees.

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Shape insurance in the digital age

Providing a comprehensive view of the trend and technology landscape, ITONICS Radar enables insurance companies to understand the drivers of change that are impacting their internal and external business environment. The tool also acts as an early-warning system by indicating the tipping point of emerging trends and technologies, and is essential in the strategic decision-making process.

ITONICS offers an up-to-date portfolio of over 170+ pre-rated market trends and technologies, including presets specific to the insurance industry. This portfolio serves as a starting point for insurance companies to discover and define growth opportunities for their business.

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One solution to bring all your innovation efforts together, enrich it collaboratively and evaluate it across different views.

Learn more about Foresight Features.

Customizable criteria enable team members and external experts to rate content in a way that combines collective knowledge.

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Encourage team and stakeholder involvement with easy content sharing, collaborative ratings, and engagement features.

Learn more about Portfolio Features.

Optimize your innovation portfolio by evaluating risk and potential with matrix visualizations.

Learn more about Portfolio Features.

Stay on top of activities with email notifications and in-system messages that encourage participation.

Learn more about Ideation Features.

Detect signals of change faster with feeds that automatically tag trends, technologies and other forces by topic using machine learning.

Learn more about Foresight Features.

Cut through the noise with an environmental scanning engine that connects the latest developments with what’s important to your business.

Learn more about Insights.

Explore trends and uncover new opportunities for growth using interactive, configurable radars.

Learn more about Trend Radar.

Establish an early-warning system with a configurable risk radar to monitor threats to your company.

Learn more about Radar.

Distill vast amounts of data with advanced filtering to easily visualize and emphasize what matters.

Learn more about Foresight Features.

Identify relationships and opportunities with the help of relevant content recommendations.

Learn more about Foresight Features.

Innovation Rockstars Podcast - Dr. Sebastian Kaiser Ergo

Opportunities for AI in the insurance industry

In this Innovation Rockstars podcast episode, we welcome Dr. Sebastian Kaiser, Head of Machine Learning at ERGO – one of the largest insurance groups in Europe. His passion: Data and statistics. His mission: To relieve employees of repetitive tasks by using AI to enable a more customer-focused way of working and thus increase company growth.

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Innovation Rockstars Podcast - Maren Kottler Die Mobiliar

Shaping the future With trend monitoring

Maren Kottler was a guest in our Innovation Rockstars podcast and provided insights into her work around corporate foresight management at die Mobiliar (La Mobilière) and outlines how trend monitoring in particular has developed in recent years.

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