Olaf Brock

#Freedom #Solidarity #Justice For us at HDI Global SE these democratic values are the foundation of a strong economy and a fruitful exchange between different #cultures. I experience this invaluable exchange every day at HDI Global. We’re proud of our more than 5,000 colleagues in our worldwide locations and business partners in more than 175 countries, that bring in their different cultural backgrounds successfully for our clients every day. Our global mindset fosters #innovation, as we can draw on a wealth of perspectives and experiences. Our multilingual team connects effortlessly with clients worldwide, breaks down barriers and expands our reach. But it's not just about business. In our inclusive culture we celebrate our differences and promote #respect and #tolerance. For me personally, #democracy and its values are non-negotiable. I therefore support the initiative of the GDV Gesamtverband der Deutschen Versicherungswirtschaft e.V., the German Insurance Association, on the occasion of the European elections from 6 to 9 June 2024. But regardless of the European elections, democracy needs advocates who stand up for it – everywhere in the world and every day. #UseYourVote #EP2024 #EveryVoteCounts #DemokratieVersichert

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We had the pleasure of collaborating with Dr. Robin Kiera from digitalscouting, who interviewed Dr. Moritz Finkelnburg from Convista at the Messekongress Schadenmanagement & Assistance in Leipzig. They discussed fraud detection in the insurance industry and the crucial role of AI and digitalization in addressing these challenges. A highlight was Moritz's account of astonishing fraud cases, including a dramatic wedding insurance claim in Vienna. Don't miss the latest trends and strategies in fraud prevention! Access the full report here: https://lnkd.in/eBMryQD7 #Insurance #FraudPrevention #AI #Digitalization #ClaimsManagementCongress

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Swiss Re's 2024 SONAR report delves into 16 emerging risks, revealing the cascading effects of natural disasters and other critical threats to the insurance sector and society. Patrick Raaflaub, (pictured), Swiss Re Group Chief Risk Officer, commented on the report: “We live in a world characterised by interconnected crises, which in turn can give rise to new risks. For re/insurers, it is key to anticipate trends and understand how major global issues such as climate change, economic uncertainty or geopolitical turmoil could impact not only the industry but also society as a whole.” #InsurtechInsights #InsuranceNews Check out the full story in the comments.

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At the Messekongress Schadenmanagement & Assistance in Leipzig, digitalscouting's Dr. Robin Kiera interviewed industry experts Dr. Rainer Sommer, Stephen Voss and Frank Porzberg and FRISS's very own Jeroen Morrenhof. Main topic: Fraud Detection and Prevention in the Insurance Industry. How can AI help solve these issues? Interested in learning more about the latest developments in insurance fraud? Download our Fraud Report 2024 here: https://lnkd.in/eBMryQD7 #Insurance #FraudDetection #FraudPrevention #AI #TradeCongress #ClaimsManagement

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This is an excellent example how to support our customers on their way to transform their business & processes. HDI - Your Partner in Transformation!!

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#German insured flood damage estimated at €2 billion. The German #Insurance Association GDV Gesamtverband der Deutschen Versicherungswirtschaft e.V. said this was an initial assessment after heavy rains battered the states of #Bavaria and Baden-Württemberg. "Because the floods on the Danube in particular have not yet subsided, this estimate is still subject to a certain degree of uncertainty." Jörg Asmussen The GDV estimate did not include damage to uninsured property. The total damage is far higher because many people are not insured against floods. https://lnkd.in/eb3Kq9xC

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🚀 Joining us for #insureNXT 2024 in Cologne? 🚀 Philipp Schaeuble and Tobias Wehling look forward to representing ALAIKA Advisory at this premier insurance industry event on May 28th & 29th! In our rapidly changing industry, exchanging about the latest trends, challenges, and opportunities is essential. insureNXT offers invaluable insights and excellent networking opportunities to help us stay ahead of the curve. We are looking forward to connecting with industry leaders and exploring innovative solutions together! See you there! 👋 #Cologne #insureNXT #InsuranceInnovation #DigitalTransformation #IndustryTrends

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If you haven’t done so, I highly encourage a quick read through these very interesting survey results. It’s no surprise that we continue to see a decrease of people’s trust in government to enhance the US-German relationship, but we also see the massive responsibility people have placed in businesses to maintain and improve the trust between these two countries. I found the results of this survey particularly interesting as it relates to what we do at Allianz Trade. In the 2022 survey and this year’s alike, we see trade is a major component for the foundation of the US-German partnership. Fostering reliable global trade, which TCI helps to enable, between the US and Germany is one key component to helping rebuild the wavering trust for this transatlantic partnership.

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🙏 Thanks to Penso - HR, Sozialversicherungen, BGM and Gregor Gubser for giving Susanne Pladeck M.A. the opportunity to talk about senior employment, and in particular about our latest Thought Leadership study on the Silver Workforce 👉 Full article here: https://bit.ly/3ySXJkh #silverworkforce #futureofwork #careerdevelopment #coaching #mentoring #worklifebalance

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The recent discussions at the Messekongress Schadenmanagement & Assistance highlighted the transformative power of #Digitalization and generative #AI in the insurance industry, focusing on challenges like #Inflation and #Sustainability in claims management. 🚀🌿 At ControlExpert GmbH, we are at the forefront of revolutionizing end-to-end claims management by leveraging cutting-edge AI and GenAI technologies. Our solutions enhance operational efficiency, excel in fraud detection and prevention, and crucially, ensure high customer satisfaction, making every interaction smoother and more responsive. 🛡️🤖🌟 Interested in learning how ControlExpert GmbH can streamline your claims process, protect against fraud, and elevate customer experiences? Feel free to reach out to me or directly to Michael Kubijowicz and our sales team 📲 #ClaimsManagement #FraudPrevention #InsureTech #AI #Innovation

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👉 "In Baden-Württemberg, given the #flood #insurance take-up rate is as high as 94 percent, most of the residential losses will be covered. Unfortunately, this high level of coverage is not the case in Bavaria where the flood insurance take-up rate is 47 percent." Daniel Bernet comments in the Daily Mail on the recent floods in central Europe, their impact on the southern states of Germany, and levels of flood insurance coverage in these states. 🗞 Read the Daily Mail article here: https://lnkd.in/ehaTuwTX Read the full Moody's RMS Event Response media announcement here: https://lnkd.in/ei3XANjS #europe #floods #germany #insurance #insurancenews #riskmanagement

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The future of insurance: In times of major transformations, insurers and clients need to... collaborate and maintain a close dialogue.   During my interview with Susanne Schier from Handelsblatt, I stressed our conviction at HDI Global: We want to stay close to our clients and help them capitalise on opportunities in times of constant transformation by adapting ourselves and developing tailored solutions. Be it new sources of energy, progress in autonomous mobility, climate risk mitigation or the growing utilisation of AI in industrial sensors: Insuring against emerging risks of innovations means enabling economic progress for all of us. In this way, we act as the global industry’s true Partner in Transformation.   Read more about my takes and our commitment here – in German language: https://lnkd.in/ewvhUwsK   #HDIGlobal #PartnerInTransformation

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Global reinsurer Hannover Re has announced a 15% rise in net income to €558 million in its first quarter 2024 results, with a reinsurance underwriting result of €720 million, up 27% year-on-year.

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One of the few use cases in the insurance world where Gen AI is being used to drive really business benefits rather than just hype. With the launch of the Life Guide with AI underwriting assistant, Swiss Re has become a true leader in driving real transformation Thanks for sharing this Paolo Meciani Silvia Signoretti Brijesh Luthra Sharan Kaur Alessandro Paoli Pawel Konieczniak, Jacqueline Barth Maurizio Demarosi, Giorgio Guarrella, Shaul Lifshitz, Roberta Profeta, Sarah Isabel Arnaiz, Massimo Michaud, Tracey Powell #AI #transformation

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Always think from the client's perspective and adapt to their needs. In an interview with Michael Stanczyk from German insurance magazine Versicherungswirtschaft Heute, I explained why this is so important for HDI Global SE. Our clients are in transformation, whether they are concerned with the transition to carbon-neutral technologies, the use of #GenAI, the technological change of #mobility, or the Industrial Internet of Things (#IIoT). We, as HDI Global, want to be their Partner in Transformation. Our services allow our clients to focus entirely on #innovation in their core business. Besides that, some questions have been raised about recent developments in our industry. #HDIGlobal #PartnerInTransformation #Together #Ownership #Performance

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Where do economic and social inflation stand and how should re/insurers manage related impacts? Darren L. Pain, our Director Evolving Liability, explored these questions with Reto H Koller, CFA, Helvetia Insurance Switzerland; Andrea Scascighini, Swiss Re; and Wolfram Schultz, Howden Re in a panel at Re/insurance Outlook Europe, hosted by Intelligent Insurer. #ReinsuranceOutlookEU

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