Innovation Overview

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Innovation Overview

Re-Thinking Insurance

The digital economy is presenting unique challenges to the insurance industry. Our world is becoming interconnected in ways we never imagined. Homes, cars, machinery, infrastructure, drones and people are digitally connecting, providing real-time underwriting and loss information, as well as the potential to prevent losses from ever occurring. In order to take advantage of these opportunities and deliver greater value to insureds, we must continue building data analytics systems and technology to deliver innovative solutions.

Social change also has the potential to disrupt our industry. Today’s customers expect continual value and engagement from their insurers, and startups targeting the industry are bringing competing new models of insurance to the market at an unprecedented pace. Munich Re, US is embracing this disruption and working with our clients to rethink our business and drive our future.

These and many other changes create challenges, but also enormous opportunities for us to reimagine the world of risk and expand the boundaries of insurance.

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