Summary Morning Insights – Open insurance

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12/05/2021

Lumera invited representatives from the Nordic Life and Pensions industry to join this exciting webinar about Open insurance. Henrik Allert, Vice President, Industry & Product Strategy at Lumera, moderated the panel discussion with Kristin Lindmark, CIO at SPP, Fredrik Andrén, Partner at E&Y, and Martin Einemo, CEO & Co-founder at Insurely, as they shared their view on how insurers can unlock new business value to better serve customers through Open insurance.

The insurance industry is under change. To successfully operate as an insurance company, connectivity to relatively complex and vast ecosystems is required, as well as exchanging information with a large set of partners. In addition, the insurance companies need to interact with customers in a variety of digital channels.

In the future, insurance companies will have to operate outside the boundaries of the insurance industry, as we know it today, and they must be willing to tap into data and information that can be found in other nearby ecosystems. Processing that vast amount of data with new technology like AI, cloud and big data means that insurance companies can serve customers with more relevant information and more personalized products. Hence, data is key and getting access to high-quality data requires standardized ways of sharing information and business processes securely between stakeholders. This is where Open insurance comes in. Find out how by filling out the form below!

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