Munich Re Markets Digital.
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Munich Re Markets Digital

Digitizing investment-linked life insurance

Driving forces in the life insurance industry

Low interest rates
have made traditional life insurance products unattractive and unprofitable
Investment-linked products
provide an attractive alternative for both insurers and customers
Customer engagement
is both challenging and critical as the story of investment-linked products is difficult to tell

 

Our solution

White-label tools providing a digital product experience to increase sales and customer satisfaction of investment-linked products

Sales efficiency and a
higher conversion rate
Tools helping agents to explain financial products and reduce uncertainty in the sales process
Customer satisfaction
and loyalty
Better understanding of the product and
“bank-like” self service experience
Seamless and
quick integration
Fully automated digital processes and seamless integration into existing frontends


Three suites supporting explanation, configuration and self-service  of investment-linked life insurance products

Creation and change of fund portfolios

Our Fund Suite explained in three minutes

Product configuration and explanation at the point of sale

  • Step-by-step configuration of investment-linked products by customers and their financial advisors 
  • Projection of best possible results to highlight key product mechanics and benefits 
  • Support of all major investment-linked product concepts (unit-linked, index-linked, static / dynamic hybrids, variable annuities)

Explanation, selection and switch of indices

  • Interactive Factsheet: Simple presentation and comparison of indices to support the selection on the website or at the point of sale
  • Index Manager: Enabling customers to simply switch indices during the contract term
  • Dashboard: Continuous overview of the current status of the policy

Are you interested in our solution or do you want to learn more?


 

What the industry says

Michael Kurtenbach
The partnership with Munich Re on the financial product and the corresponding digital tools have been key pillars for us to successfully launch our new index product.
Michael Kurtenbach
CEO, Gothaer Lebensversicherung AG
Frank Neuroth
Modern product concepts change the way we interact with our clients and unfold their full potential through digitalization.
Frank Neuroth
Former Member of the Board, Provinzial NordWest Lebensversicherung

 

Improve your sales and customer satisfaction today

Essential Advanced Enterprise
Setup guidance Online tutorial Online tutorial + video call Personalized solution
Response time Within 3 business days Within 1 business day
Initial hosting by Munich Re
Analytics Basic Advanced
Daily users Up to 500 Up to 5.000
Website integrations 3 10
Try the free demo Try the free demo Contact us

 

Details on our product offering

After reading our online tutorial, embedding and using our tools is simple.
If you need any further support, we are happy to help you in person via our online consulting.

Our online support is charged on an hourly basis.

All of our tools are white-label solutions. This means that you can easily adapt the tools to your brand design and change texts according to your needs.

If you choose initial hosting by Munich Re (Advanced Package), we implement your brand design (logo, text and brand colors) according to your style guide.

In our online tutorial, we provide all the information that you need to embed the tools into your existing website ("How-to document", FAQ section, example code). In the Advanced Package, we provide an additional video call to answer any further questions to get you started as fast as possible.
We respond to your support requests within 3 business days for Essential-, and within 1 business day for the Advanced Package.

This option will help you out if you want to get started as soon as possible, but you do not have any free IT resources in the next months.

All tools which are included in the selected package will be embedded into a website hosted by Munich Re. You can choose one domain which will be reachable for 6 months, additional domains can be booked as an add-on. We implement your brand design (logo, text and brand colors) according to your style guide.

This is especially helpful if you want to test the impact of the tools in live conditions, without the need for any implementation work.

You get access to your personalized Analytics dashboard as well as the raw CSV analytics data. The Advanced Package additionally includes event-tracking information that will help you better understand your users' behavior. 
Daily users express the number of agents plus visitors (end-users) who are using the tools within 1 day. The number is the sum of all unique visitors for all tools combined.
The number of websites (domains and subdomains) in which the respective tools are integrated. For example, in our Essential Package, all individual tools can be embedded into a maximum of 3 domains/subdomains.

Frequently asked questions

Our tools support the explanation, configuration and self-service of investment-linked products and provide a digital product experience. Digital configuration of the product and illustration of key product benefits reduces uncertainty in the sales process.

In addition, customers benefit from easy to understand products and a “bank-like” self-service experience. This not only increases the conversion rate in the sales process significantly, but also improves the customer satisfaction and loyalty. 

This mainly depends on the amount of tools you want to embed. If you host the tools yourself, embedding one tool in your current website/infrastructure should take no longer than 3 workdays.
If you are not sure which suite best fits your needs, try out the free demo or feel free to contact us! We are happy to help you find the tools that have the most value for you. 
In our tutorial pages, we provide you with a step-by-step instruction to make the implementation as simple as possible. If you require any further support, we are happy to help you in person via our online training, so you can utilize the benefits of our tools in no time. 
The pricing depends on various factors like the market in which you operate, required data or customization efforts. To name you a detailed price, feel free to contact us. We would love to learn more about your needs and requirements.
Yes. We support both mobile and desktop devices.
Munich Re Markets Digital is part of the Munich Re Markets division, which develops and reinsures innovative investment-linked product concepts. We believe that these types of products change the way primary insurers interact with their clients and that digital tools can unfold their full potential. This is why Munich Re is providing product specific tools along with their product development capability as a white-label offering.

Try the free demo now or get in touch with our team!

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Talk to our experts
Moritz Rogenhofer
Moritz Rogenhofer
Business Development
Munich Re Markets GmbH
Sven Erichsen
Sven Erichsen
Managing Director
Munich Re Markets GmbH

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