Under the alliterative title “Climate, Customer, Core Competence – Insurance on Course?”, the BearingPoint Insurance Dialog was once again held in Cologne on September 14. This year, Consor presented itself as a premium sponsor of the event.
Panel discussion
The title of the event provided plenty of scope for wide-ranging presentations and discussions. Climate protection and sustainability issues are increasingly becoming the focus of insurance companies. On the one hand, insurance companies as corporations are required to know and optimize their ecological footprint. On the other hand, insurance companies are also facing major challenges due to the climate-related increase in natural disasters. On the one hand, insurance customers are unsettled by the changes, but on the other hand they are also open to new insurance concepts.
Many of these challenges can only be met with the help of IT. A high-caliber panel discussion dealt with the question “What must IT do to support the business through change?”
Among others, Burkhard Oppenberg (CIO, Gothaer), Martin Thormählen (CTO, Munich Re) and Ruedi Wipf (CEO, Consor) discussed which competencies and core topics an insurance company’s IT should focus on. It was quickly agreed that every insurance company needs strong IT. However, this should not primarily focus on the latest technological trends, but should first do its homework. In other words: Mainframe and other legacy systems must be replaced by modern systems that support the business processes end-to-end. Standard software can and should be purchased and not developed in-house. However, IT must have the ability to define and orchestrate the overall architecture and allow different IT systems to work together.
We would like to thank our partner BearingPoint for the interesting event and the excellent networking opportunities!
