IoT Solutions from Munich Re
Accelerating your business
Munich Re integrates the best of technology, risk management and financing to make businesses safer and more efficient.
Why is IIoT becoming a necessity for how businesses work?
Why partner with us?
Munich Re, together with partners from the technological industry, develops smart solutions that offer industrial companies the possibility to benefit from the advantages of IoT technology without bearing the entrepreneurial risks connected with its implementation. By combining technology such as smart devices, sensors, algorithms and interfaces with risk management and innovative financial instruments, the operative and investment risks can be reduced significantly and the boundaries of insurability can be expanded, both enhancing existing business models to exploit the full benefits of future technological advancement. Munich Re integrates its complementary risk and financial knowledge into these new business models to provide you with a greater sense of security. As a trustworthy partner, we support you in bundling, augmenting, and leveraging all relevant data from and for your business to realise the most economically viable, unbiased insights that assist you in taking effective action. Our innovative business models offer completely new opportunities to enhance your business, enabling you to focus on your core competencies and your customer satisfaction.
Our value proposition to you:
- Reduce risk costs of your business through synergies of technology and financial solutions
- Mitigate investment risks for IoT related digitization and business model transformation
- Financially driven optimization of key business outcomes and decision-making
MHP, Kuka and Munich Re develop SmartFactory as a Service
Industry 4.0 and digitalisation allow for new manufacturing methods and demand new business models. MHP, KUKA and Munich Re are pooling their core competences to revolutionise the future of manufacturing.
Using SmartFactory as a Service allows manufacturers to focus on client satisfaction without having to bear peripheral parts of the value creation process, investment costs and risks themselves.
Munich Re and Bosch agree partnership to develop new business ideas in Industry 4.0.
The aim of this cooperation is to develop new packages of solutions for connected manufacturing. The two companies are combining their respective strengths: Bosch in hardware, software and services, Munich Re in risk and capital management. This holistic approach will make it possible for manufacturing companies to implement connected projects along the entire value chain while keeping risks at a manageable level and applying innovative financial instruments.