Connecting Insurance Podcast Episode 13 with Marcel Walther an Actuarial Data Scientist

Marcel Walther is Senior Manager at EY Tech Consulting and
considers himself an "Actuarial Data Scientist", as in his past
he was both "an actuary and a data scientist. In the past, he
helped Oliver Lang, former InsurTech CEO at wefox/One insurance,
create the insurance playbook for the insurance unicorn. For him,
 insurance is a data product - based on information and
risk, that gives him the advantage of combining his two
backgrounds and skillsets.  In this podcast episode, Marcel
and Nick discuss and share details about product management,
distribution channels and customer centricity in the insurance
industry. Some topics that are covered are:  

The differences and intersection between the role and definition
of a  data scientist and an actuary
Technical product management combined with the insurance product
and market knowledge can’t be seen independently
What is already working well in the insurance industry
Where is space for improvement in the insurance space
Why “real” and “disruptive” product innovation in the insurance
industry are rare
Why buying behaviour matters and making a bet on changing client
behaviour is not a good idea
What is the “One Policy” concept from Wefox/One Insurance and why
is it relevant
What is the “Switch product”
How to optimize through all distribution channels (Aggregators,
Broker, NAFI, AOs)
How to use distribution aggregators as distribution channels
(e.g.check 24) and how to optimate products for that
channel
The role of trust between end consumer, broker and insurer
 Ideas on how to enable brokers with insurance products and
services and tools so all parties benefit  

#podcast #insurance #distribution #versicherung
#insuranceindustry #versicherungsmakler #insuranceagent
#datascience