The world is constantly changing and becoming increasingly complex. Advances in technology are creating enormous opportunities, but at the same time posing new challenges and engendering new risks. In times like these, it helps to have a strong and reliable partner at your side. For the past 140 years, we have been meeting the challenges and developing solutions to insure the world of tomorrow. We see change as an opportunity.
Insurance companies around the world depend on Munich Re’s expertise and financial strength. We offer our partners the entire spectrum of services, from traditional reinsurance solutions in every sector to innovative forms of risk transfer – all tailored to their individual needs.
We are there to support them when natural disasters affect their balance sheets. For example, when an earthquake, storm or flood devastates an entire country, and supply chains are interrupted because factories, roads or harbours are destroyed. Our natural catastrophe database, which is one of the largest in the world, helps us to assess natural disaster risks and identify long-term trends. And we share this knowledge with our partners. Using our NATHAN digital service tool, we can help you analyse and better manage your own portfolios, allowing you to recognize accumulation risks early.
In certain parts of the world, especially in places that are often hit by severe natural catastrophes, insurance penetration is still very low. Together with NGOs, government agencies and supranational organizations, we are working to introduce innovative solutions and preventative measures to help the world's poorest countries become more resilient.
We will support you in distributing your risk load across many shoulders when ground-breaking future ventures are at stake: such as launching a satellite into orbit that will allow people around the world to access the internet. Or when building a bridge or tunnel using completely new technology. Businesses and investors looking to rise to such challenges need to have security, otherwise no progress is possible. You as the insurer of such projects need to have a strong partner, who will not only share in the risk but also support you with know-how and services.
We have the experts you need to understand industries and technologies, and the associated risks: engineers, scientists, doctors, mathematicians, and data and cyber specialists. We develop solutions for our clients and with our clients, which allow businesses to insure themselves against cyber risks. And what we offer goes far beyond traditional insurance: from legal advice, wording analysis and support in technical risk assessment all the way to providing access to experts and service networks. We can also offer you white-label design concepts for cyber products.
And we not only draw on our own years of experience, but have also built up networks and work together with a number of technology companies, so that we can seize the opportunities created by new technologies – for ourselves and for our clients. Our emphasis is on digitalisation. With the help of digital tools and platforms, we not only become more efficient ourselves, but also help you to flexibly tailor your own insurance products to exactly what your customers need. In addition, we use satellite and aerial images, among other techniques, to significantly shorten claims-handling times. This not only lowers your claims expenses, but also increases customer satisfaction.
We have become one of the world’s leading reinsurance companies based on more than just our expertise and our financial strength – our energy and desire to innovate are what drive us to constantly improve. That is why we cooperate with start-ups all over the world, and also develop innovative solutions in our own labs, in conjunction with our clients and partners. In this way, we will continue to take risks that are uninsurable today and make them insurable in the future. Have a look for yourself.