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Reinventing Finance
Nikolaus Sühr and Ronald Engel
63 episodes
2 days ago
Reinventing Finance is a Podcast hosted by Nikolaus Sühr, CEO and Co-Founder of KASKO and Ronald Engel, CEO of VIG Platform Partners. This Podcast is for anyone who is interested in the current developments of the Insurtech, Insurance, Fintech and Finance market. Thought-provoking, entertaining and critical. Join us as we discover what some of the current industry leaders and decision makers are doing, the lessons they have learned, the main challenges and opportunities they identify, and how they see the current status of the Insurance and Finance industry.
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Business
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All content for Reinventing Finance is the property of Nikolaus Sühr and Ronald Engel and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Reinventing Finance is a Podcast hosted by Nikolaus Sühr, CEO and Co-Founder of KASKO and Ronald Engel, CEO of VIG Platform Partners. This Podcast is for anyone who is interested in the current developments of the Insurtech, Insurance, Fintech and Finance market. Thought-provoking, entertaining and critical. Join us as we discover what some of the current industry leaders and decision makers are doing, the lessons they have learned, the main challenges and opportunities they identify, and how they see the current status of the Insurance and Finance industry.
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Business
Episodes (20/63)
Reinventing Finance
How Warranty & Indemnity Insurance Is Transforming M&A - Jefferey Doran CEO Talos | Eps.63 - The Reinventing Finance Podcast

In this episode of the Reinventing Finance Podcast, ⁠KASKO⁠ CEO & Co-Founder Nikolaus Sühr and VIG Platform Partners CEO Dr Ronald Engel speak with Jeff Doran, Co-Founder of Talos, an MGA specialising in transactional risk insurance. Doran discusses the evolution of the warranty and indemnity (W&I) insurance market and how technology is shaping its next phase.Key topics discussed include:

➡️Origins of Talos: Founding story, mission, and growth as a tech-enabled multiline MGA.

➡️Role of W&I Insurance: Supporting clean exits in M&A by reducing friction between buyers and sellers.

➡️Market Awareness: Limited understanding remains a barrier; brokers play a role in expanding reach.

➡️Buyer vs Seller Policies: Most W&I placements occur on the buy side to cover unknown risks.

➡️Regional Comparison: Europe shows ~15% market penetration, with scope to expand into smaller M&A deals.

➡️Claims Insights: High-severity claims linked to revenue and contract breaches; frequency varies by sector.

➡️Underwriting Dynamics: W&I affects negotiation behaviour and the disclosure process in transactions.

➡️Broker Collaboration: Brokers remain central to structuring policies and scaling distribution efficiently.

➡️Technology in Underwriting: AI and data-driven platforms enhance speed, consistency, and scalability.

➡️Private Equity Strategies: W&I supports buy-and-build models and streamlined due diligence processes.

➡️Future Outlook: Continued digitisation, faster policy cycles, and focus on sustainable pricing across markets.

The discussion highlights how W&I insurance continues to evolve, blending underwriting expertise with technology, broker partnerships, and data-driven efficiency to support a more agile M&A ecosystem.

#Reinventingfinancepodcast #InsurTech #MGA #insurance #insuranceindustry #privateequity #PE #mergersandacquisitions #M&A #underwriting

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3 weeks ago
59 minutes 38 seconds

Reinventing Finance
The Reinventing Finance Podcast - Episode 62 Alexander Heß Managing Director / Country Manager Assurant Germany

In this episode of the Reinventing Finance Podcast, ⁠KASKO⁠ CEO & Co-Founder Nikolaus Sühr and VIG Platform Partners CEO Dr. Ronald Engel speak with Alexander Heß, Managing Director & Country Manager of Assurant Germany.

Here are some of the key topics discussed in the episode:

📍Assurant’s re-entry into Germany driven by a major telco win and European growth strategy.

📍Overview of Assurant’s three verticals: housing, automotive (EV-focused), and connected living.

📍Distinction between embedded vs integrated insurance and their operational implications.

📍Use of circular economy in device protection through trade-in, repair, and refurbishment models.

📍Introduction of forward trade-in and upgrade programmes to increase customer retention.

📍Local supply chain investment to meet partner expectations and ensure service quality.

📍Flexibility to act as insurer, reinsurer, or administrator depending on partner needs.

📍Challenges in smart home insurance due to fragmented device ecosystems.

📍Sustainability positioned as a business enabler, not just a compliance function.

📍Telco case study demonstrating end-to-end integration of insurance and service offerings.

📍Decline of outbound sales in Germany; focus on inbound and digital upsell opportunities.

📍Potential in banking-telco-insurance convergence for embedded propositions.

📍Concern that economic pressure may delay required investment in embedded infrastructure.


This episode provides strategic and operational insight into how global players like Assurant localise #embeddedinsurance models, integrate circular economy thinking, and navigate complex #b2b2c #partnerships, relevant for executives shaping product, distribution, or transformation strategies across #insurance #ecosystems.

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5 months ago
56 minutes 4 seconds

Reinventing Finance
The Reinventing Finance Podcast - Eps. 61 Dr. Ronald Engel CEO VIG Platform Partners & New Co-Host

In this episode of the Reinventing Finance Podcast, ⁠KASKO⁠ CEO & Co-Founder Nikolaus Sühr speaks with Ronald Engel, CEO of VIG Platform Partners and Head of Transformation at Vienna Insurance Group (VIG), who just took over the role as Nick's new co-host.

Here are some of the key topics discussed in the episode:

📍Ronald Engel’s background in law, consulting, and entrepreneurship.

📍Overview of his role at VIG Platform Partners and the group’s innovation function.

📍VIG’s focus on enabling B2B2C digital insurance across CEE markets.

📍Discussion on VIG Platform Partners’ complementary approach to existing insurance partnerships.

📍Embedded insurance as a potential structural shift in distribution.📍Reflections on early embedded insurance implementations and evolving product strategies.

📍The role of modular insurance products in customer acquisition and upselling.

📍Views on embedded insurance economics and scale challenges.

📍Common challenges in corporate venturing and execution.

📍Importance of strategic alignment, internal sponsorship, and operational autonomy.

📍Risks of over-investing early in corporate start-ups without proven traction.

📍Preference for lean teams and variable cost structures in early stages.

📍Use of external support to stay agile in execution.📍Experience launching the SZIGET Festival insurance pilot under tight deadlines.

📍Innovation governance across a decentralised insurance group structure.📍Efforts to shift from isolated pilots to scalable business contributions.

📍Reflections on success and failure in group-wide innovation efforts.📍Vision for Platform Partners as a group-wide execution and acceleration unit.📍Discussion on challenges scaling pilots without dedicated infrastructure.📍The role of in-person events like ITC Europe in relationship building and industry engagement.

📍Ronald Engel’s motivations for joining the podcast as co-host.

This episode offers strategic and operational perspectives on how Vienna Insurance Group approaches

#embeddedinsurance, #corporateventuring, and #innovation #orchestration across a decentralised organisation. It provides insights for executives involved in #productinnovation, #digital #distribution, or #digitaltransformation initiatives within #insurance #ecosystems, particularly in Central and Eastern Europe.

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5 months ago
51 minutes 46 seconds

Reinventing Finance
The Reinventing Finance Podcast - Episode 60 with Viola Zsédely-Takács Business Development Director for New Growth Engines at Ageas

In this episode of the Reinventing Finance Podcast, ⁠KASKO⁠ CEO & Co-Founder Nikolaus Sühr speaks with Viola Zsédely-Takács, Business Development Director for New Growth Engines at Ageas.

During the conversation Viola shares insights about how Ageas is scaling B2B2C insurance across Europe and Asia - focusing on distribution innovation, digital bank assurance, and what it really takes to industrialise embedded insurance.

Here are some of the key-topics discussed in the episode:

📍Strategic evolution at Ageas from the Impact 24 to Elevate 27 strategy, narrowing focus towards B2B2C distribution innovation.

📍Three innovation areas Ageas prioritised: health, protection (life products beyond traditional underwriting), and B2B2C partnerships, and how these areas intersect.

📍The challenge of adapting insurance products—especially protection products—for embedded and digital distribution contexts, with a strong emphasis on customer-centric simplification.

📍Differences in product design and UX between advisory channels (e.g. agent/broker) and digital or embedded journeys.

📍Concrete use cases from India and Turkey, including successful digital loan and credit life products with optional riders like unemployment protection.

📍Scalability as a core principle, including standardised product backends, reusable assets, and partnerships to allow onboarding of new B2B2C partners in as little as 48 hours.

📍Digital B2B2C distribution channel strategies beyond bank assurance, including telcos, e-commerce, digital wallets, and microfinance institutions—while deliberately excluding red ocean segments like travel.

📍The importance of flexible technology stacks and external partnerships over bespoke internal builds to ensure adaptability, speed, and cost-effectiveness.

📍Key performance indicators used to track success, including business inflows, number of lives insured, product profitability, and number of reusable assets.

📍Cultural and operational insights from implementing a centralised B2B2C innovation model across 13 markets with diverse regulatory and digital maturity levels.

Check out the episode to find out more!

#insurance #insuranceindustry #insurers #versicherung #b2b2c #insuranceproducts #distribution

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7 months ago
38 minutes 33 seconds

Reinventing Finance
The Reinventing Finance Podcast - Ep.59 Christopher Meyer-Mölleringhof, Venture Lead Pet Insurance Fressnapf & Maxi Zoo

In this episode of the Reinventing Finance Podcast, KASKO CEO & Co-Founder Nikolaus Sühr speaks with Christopher Meyer-Mölleringhof, Venture Lead for Pet Insurance at Fressnapf Maxi Zoo about how Europe’s leading pet retailer successfully launched its own pet insurance offering. Here are some of the key-insights from the episode:

➡️ Fressnapf Maxi Zoo’s entrance into pet insurance, focusing on high demand, commercial attractiveness, and its role in their broader pet care ecosystem.

➡️ The business model decision to act as an insurance agent rather than take on risk, partnering with Petolo in Germany and launching a white-labelled Maxi Zoo Assurance in France.

➡️ The role of co-creation in insurance product development, ensuring tailored coverage, transparency, and an easy buying journey to drive adoption.

➡️ Key product differentiators, such as breed-specific disease coverage, pre-existing conditions, and integration of an online vet service as a built-in benefit.

➡️ The power of brand trust and customer access, reducing acquisition costs and increasing conversions by embedding insurance into an existing pet care ecosystem.

➡️ Retail distribution and customer engagement, including digital-first sales, store employee education, and referral incentives.

➡️ Challenges in aligning retail and insurance mindsets, particularly regarding long-term revenue models and ecosystem-driven engagement.

➡️ The future of embedded insurance, highlighting opportunities for non-insurance brands to co-create and distribute innovative insurance products.

Check out the episode to find out more!

#petinsurance #insurance #insuranceindustry #business #businessgrowth #strategy

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8 months ago
56 minutes 7 seconds

Reinventing Finance
The Reinventing Finance Podcast - Episode 58 with Lars Markull, Embedded Finance Advisor & Podcaster

In this episode of the Reinventing Finance Podcast, KASKO CEO & Co-Founder Nikolaus Sühr welcomed Lars Markull, embedded finance expert and host of the Embedded Finance Review Podcast, to discuss together how insurers can harness embedded finance models to drive customer engagement, unlock new revenue opportunities, and strategically integrate financial services into their offerings.

They dive into real-world embedded finance use cases that demonstrate how financial products can be embedded seamlessly into insurance and other industries, reshaping customer experiences and business models.

Here are some of the topics discussed in the podcast:

📍The role of embedded finance and its intersection with insurance, exploring how non-financial brands integrate financial services to enhance their core offerings.

📍Financing solutions for rejected insurance claims, offering customers alternative funding options rather than outright claim denial.

📍Life insurance payouts linked to investment products, such as savings accounts, ETFs, or fixed-term deposits, to retain customer engagement.

📍Risk management financing for SMEs, enabling businesses like hotels and restaurants to invest in preventative measures with insurer-backed lending.

📍Refund protection insurance in e-commerce and travel, helping businesses reduce purchase friction and increase conversions.

📍Business protection solutions for industry-specific needs, such as tailored financial products for restaurants and retailers.

📍Lessons from fintech pioneers, including how Shopify, Metro Financial Services, and MUSE leverage embedded finance to monetise payments, lending, and banking products.

📍Challenges and opportunities for insurers, including regulatory scrutiny, the importance of timing when launching embedded finance products, and strategies to add value beyond traditional insurance.

This episode provides insights for insurance leaders looking to capitalise on #embeddedfinance trends and redefine their role in the evolving financial #ecosystem.

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8 months ago
48 minutes 52 seconds

Reinventing Finance
The Reinventing Finance Podcast - Episode 57 with Dr. Alexander Bockelmann CTO at Baloise Group

In this episode of the Reinventing Finance Podcast,KASKO CEO & Co-Founder Nikolaus Sühr (Nick), talks with Alexander Bockelmann, Group CTO at Baloise Group.During their conversationAlexander shares and discusses with Nick:📍 His background and role at Baloise Group, transitioning from environmental science to leading IT transformation in insurance across multiple countries.

📍 Baloise’s strategic IT priorities, focusing on technical profitability, operational excellence, growth, and capital efficiency, with IT playing a critical role in driving efficiency and digital transformation.

📍 Balancing short-term business needs with long-term IT investments, ensuring modernisation efforts like cloud migration and technical debt reduction align with shifting business priorities.The shift from perimeter-based to asset-based security models, strengthening cybersecurity strategies to protect digital assets in an increasingly connected environment.

📍 The challenges of centralising IT across multiple markets, navigating trade-offs between standardisation and local flexibility under Baloise’s One IT strategy.

📍 Difficult trade-offs in IT strategy, including stopping multi-year projects when financial or technical risks outweigh potential benefits and prioritising long-term IT modernisation over short-term business demands.

📍 AI adoption in insurance, from AI-driven financial advisory tools and speech bots in customer service to embedding AI in business processes for automation, document analysis, and operational efficiency.

📍 Scaling AI beyond proofs of concept, focusing on high-impact, scalable use cases that improve efficiency across entire functions rather than niche, siloed applications.

📍 The evolution of AI agents and their impact on insurance, exploring how autonomous AI could reshape underwriting, claims, and operational workflows while raising questions about cost structures and enterprise adoption.

📍 Key IT projects for 2025, including cloud migration for core insurance systems, strengthening enterprise data capabilities, implementing zero-trust security models, and enhancing broker integrations through BIPRO standards.Check out the episode to find out more.

#podcast #insurance #insuranceindustry #insurancetech #insurtech #innovation #cto #businessgrowth

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8 months ago
50 minutes 38 seconds

Reinventing Finance
The Reinventing Finance Podcast - Episode 56 with Lars Gehrmann CDO Qatar Insurance Group

In this episode of the Reinventing Finance Podcast, KASKO CEO & Co-Founder Nikolaus Sühr (Nick) speaks with Lars Gehrmann, Chief Digital Officer at Qatar Insurance Group, about fostering innovation and navigating the unique dynamics of the Middle Eastern insurance market. In the conversation Lars shares with Nick insights about: 📌 His background as a digital entrepreneur, including building ventures in Spain, Zurich, and Qatar, and his current role as Chief Digital Officer at Qatar Insurance Group (QIC). 📌 Lessons learned from building companies and digital products, highlighting the shift from IT-driven processes to product-driven strategies with agile organisational setups. 📌 The transformative potential of AI in insurance, emphasising: - Leveraging cloud-based tools to solve business problems faster and more cost-effectively. - Building AI capabilities internally rather than outsourcing, focusing on business use cases, claims, and process automation. - The need for a company-wide transformation mindset to ensure successful AI implementation. - The importance of product-market fit and distribution over product innovation alone, particularly in insurance, where customer acquisition and adoption are critical. 📌 QIC’s role in fostering innovation through: - Investing in insurtechs and building partnerships via QIC Digital Venture Partners. - Leading ecosystem-building efforts, such as the MENA Insurtech Association and the annual MENA Insurtech Summit. 📌 Key challenges and opportunities in the Middle Eastern insurance market, including: - The dominance of standard products like motor and health insurance, with a gap in specialised products for niche customer segments. - Market fragmentation and diverse regulations across countries in the region, requiring careful navigation and tailored approaches. - Opportunities for MGA or insurtech partnerships with reinsurance support and validated products. Check out the episode to find out more. #insurance #insurtech #insuranceindustry #business #growth #versicherungen

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9 months ago
48 minutes 55 seconds

Reinventing Finance
The Reinventing Finance Podcast - Episode 55 with Randel Bennett Head of Qixent

In this episode of the Reinventing Finance Podcast, KASKO CEO- & Co-Founder Nikolaus Sühr speaks with Randel Bennett, Head of Qixent, about driving insurance innovation for startups and transforming bold ideas into market-ready, profitable products.


During the conversation Randel shares and discusses the following insights with Nick:

📍His background in insurance product design and development, and how Qixent specialises in transforming insurance ideas into profitable products by guiding clients from idea to product to profit.

📍Qixent’s process for supporting startups and established businesses:

- Providing essential insurance coverages like D&O, liability, and cyber risk for startups.

- Acting as an insurance broker or appointed representative to simplify market entry for new ventures.

- Offering feasibility studies, idea validation, and sourcing partnerships with insurers, distributors, and carriers

- Utilising Qixent’s own licences and agents to create a proving ground for clients, reducing their need to establish their own partnerships initially.

📍Client types and use cases, including:

- Startups and MGAs looking to launch innovative insurance products.

-County Mutuals seeking modernisation and growth strategies to maintain relevance.

- Non-traditional businesses in insurance-adjacent industries wanting to add insurance as a revenue stream.

📍Examples of client collaborations, including both implemented and ongoing projects:

- Developing insurance products for Hispanic consumers in the US with Spanish-first digital experiences and fair fee structures.

- Creating solutions for athletes with name, image, and likeness (NIL) value, addressing risks like cybersecurity and personal liability.

- Designing wildfire risk mitigation frameworks in California and workplace safety solutions using computer vision and wearable tech.

📍Qixent’s commercial model with the clear focus on scalability and value creation for clients.

📍 Industry challenges, like the pitfalls of cost-plus pricing models and the race to the bottom in consumer pricing, and advocating for value-based pricing approaches.

📍 Predictions about the future of insurance, including the potential disappearance of personal auto insurance as autonomous vehicles and manufacturer-provided liability products gain traction.


Check out the episode to learn more about Insurance innovation for startups and how Randel Bennett is turning ideas into profitable insurance products


#insurance #US #insuranceinnovation #insurancecoverage #insuranceindustry #insurancepolicy #businessgrowth #business #startup #businessideas #newbusiness


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9 months ago
40 minutes 8 seconds

Reinventing Finance
The Reinventing Finance Podcast - Episode 54 with Phil Hobson from Marsh

In the latest episode of the Reinventing Finance Podcast, KASKO CEO & Co-Founder Nikolaus Sühr had the pleasure of talking with Phil Hobson, Managing Director and International Affinity Leader at Marsh. They discussed how one of the world's leading insurance brokers is redefining risk and insurance services globally.

With over 38 years of experience in the insurance industry—including 28 at Marsh—Phil shares how he blends startup innovation with a legacy business to deliver exceptional client value.

Here’s a glimpse into what Phil and Nick discussed in theirr podcast session:

📌Phil’s professional background

📌 Marsh and its role as an international distribution engine that keeps distribution costs low for its partners

📌 Why focusing on client pain point diagnosis, customer journey, digital distribution and offering consistent product delivery across countries is essential to their business model

📌 Which products are interesting in terms of cost vs. return and which are not attractive

📌 4 key sectors Marsh is focused on (Automotive, Shared Economy, Consumer Electronics & machinery & sponsored programs

📌 Client pain points & problems clients are willing to pay for

📌 Marsh’s expertise in product distribution globally and locally

📌 Why many InsurTechs fail and lessons learned about client acquisition success and partnering with carriers and distribution success

📌 Why evolution is the biggest competitor for traditional affinity delivery mechanism and how Marsh encounters evolution at a corporate level

📌 How Marsh is unlocking new business opportunities

📌 Why it’s important to think product agnostic when it comes to affinity.

Check out the episode to deep dive into the world of #affinity!


#insurance #insuranceindustry #distribution #Versicherung #Versicherungsbranche #podcast


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11 months ago
46 minutes 26 seconds

Reinventing Finance
The Reinventing Finance Podcast - Episode 53 with Simon Moser Muffintech AI

In this episode of the Reinventing Finance Podcast, Nikolaus Sühr talks with Simon Moser, Co-Founder & CEO of Muffintech an AI tech startup developing the first conversational AI for Insurance Context! Some insights Simon shares with Nick revolve around: 1) His personal Background and steps that led him to found Muffintech 2) The business model pivoted from a chat-based insurance broker to conversational AI 3) Why insurers are so interested in conversational AI 4) Details about the AI Model and what it is built upon 5) The potential added Value for insurers and brokers 6) Pricing of the AI solution 7) Proven use cases and industry solutions for internal knowledge management, chatbots for sales function, and claims processes 8) The Muffintech Team and the balled expertise in AI, Machine Learning, Data Science, UX 9) Why and when insurance partners should partner with them instead of the competition 10) The biggest obstacles for Muffintech in their partnership with insurers and how to overcome them Check out the podcast to find out more! #AI #conversationalai #insurancetech #insurtech #podcast #insuranceinsdustry #versicherer #versicherungsbranche

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1 year ago
43 minutes 51 seconds

Reinventing Finance
The Reinventing Finance Podcast - Episode 52 Eliron Ekstein CEO & Co-Founder of RAVIN.AI

In this episode of the Reinventing Finance Podcast, Nikolaus Sühr talks with Eliron Ekstein, Co-Founder & CEO of Ravin.AI, a tech start-up transforming the automotive industry with fully autonomous, over-the-air vehicle inspections using everyday cameras and AI.

In the conversation with Nick, Eliron shares insights about:

📍 Which macroeconomic factors are driving up repair costs and affecting the insurance industry

📍 How applying triage at the point of FNOL can significantly lower overhead costs

📍 How Ravin uses computer vision and deep learning to enhance transparency and cut inflated repair costs for insurers, fleet managers, and car rental companies

📍 What makes Ravin’s technology adaptable for global markets and quick deployment in new regions

📍 How Ravin achieves over 80% accuracy in pilot programs and improves with insurer collaboration

📍 How Ravin manages fleet and rental car damages while addressing inspection and damage assessment challenges 📍 How Ravin’s technology reduces fraud and minimises disputes

📍 Why tech adoption and automation have been slow in motor repair and insurance, and how Ravin provides effective solutions

📍 How Ravin’s B2B model speeds up claims processing and reduces overhead for insurers, car rental companies, and fleet managers

📍 How Ravin overcomes data quality issues most insurers have with their industry-specific repair data

📍 What role AI plays in detecting fraud, predicting damage, and optimizing repairs with Ravin’s technology

📍 How Ravin’s solutions can streamline logistics and cut body shop costs, creating a first positive impact for insurers within 90 days

Check out the episode to learn more!

#insurance #insurer# insuranceindurstry #KI #AI #Versicherung #Versicherungswirtschaft #Versicherungspodcast #Insights #optimisation

https://www.ravin.ai

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1 year ago
35 minutes 22 seconds

Reinventing Finance
The Reinventing Finance Podcast - Episode 51 Martin Schachinger Managing Director Finnoconsult

Martin Schachinger is the Co-Founder and Managing Director of Finnoconsult, a consulting firm that accompanies its customers from ideation of digital business ideas to the go2market of tailored solutions and which helps its customers from #banking and #insurance to become more digital.

Finnoconsult help serve customers in a better way by focusing on customer experience – not (as many do) on backend processes and backend activities non-customers don’t judge.

In the podcast episode with Nick, Martin shares insights and discusses:

📍Finnoconsult, Ennoconsult and their new partner AOE

📍Why the non-customer experience (from an outside perspective) should be considered more by banks or insurance firms

📍The Finnoscore, an evaluation methode developped by Finnoconsult to evaluate the digital experience offered by a bank or insurance firm 📍 What the model is based on, the 12 dimensions and how the key dimensions of the ranking are weighted

📍 AI in customer relations A/B testing and the importance of CTA when it comes to online experience

📍Transparency of prices and price comparison

📍 Advice to Insurance CEO's when it comes to digital experiences

Check out the episode!

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1 year ago
41 minutes 53 seconds

Reinventing Finance
The Reinventing Finance Podcast - Episode 50 Frederik Wulff CEO Markel Insurance SE | InsurTech M&A

In this episode of the Reinventing Finance Podcast, Nikolaus Sühr had the pleasure of talking with a repeat guest, Frederik Wulff, the CEO of Markel Insurance SE (European carrier within the Markel Group) and who is in charge of the European business of Markel about the topic of "InsurTech M&A", a topic Markel is quite familiar with. In the conversation with Nick, they discuss together recent and seasoned cases of M&A in the insurance industry and share thoughts and perspectives on the different industry cases and topics: 📍Challenges at Iptiq around scaling (Acquired by Swissre)

📍Wefox's struggles, repeated pivots and failure to meet expectations

📍The strategic merger of Gothaer and Barmenia, focusing on their complementary strengths and the benefits of strategic alignments and market positioning

📍Ongoing trend and future expectations for broker consolidations

📍MRH Trowe is an example of the success of MGA & Consolidations in the German market

📍How regional market dynamics and international market dynamics can affect strategic decisions in the M&A space

📍M&A Culture & Strategy at Markel and some examples Listen to the episode now! #FinTech #InsurTech #insurance #finance #growth #investment #business #M&A #strategy

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1 year ago
50 minutes 25 seconds

Reinventing Finance
The Reinventing Finance Podcast - Episode 49 Simon Torrance Founder of AI Risk

In this episode of the Reinventing Finance Podcast, Nikolaus Sühr had the pleasure of talking with Simon Torrance, Founder of AI-Risk, a startup focusing on reducing the risks of AI innovation and adoption and helping leaders understand the risks associated with developing and deploying AI around their organisation(s) and connecting them to the best solutions. As a well-known Thought Leader on Embedded Insurance, Simon shares his career path as a long-term advisor on Business Model Innovation with Nick and how he found his startup AI Risk right at the beginning of the global hype around new AI technologies. The discussion centres around four categories of AI Risk to consider when focusing perspective on Insurance Companies: 1) Strategic Risk (= How to not become outcompeted by insurance companies (or other companies as they use tech more efficiently)) 2) Financial Risk (= How is the opportunity cost / POC) 3) Operational Risk (= How to protect from and cover cyber threats, reputational risks, talent risks and other risks associated with daily operations) 4) Compliance Risk (= How to make sure you adhere to compliance standards and ethics) In the podcast with Nick, Simon also shares insights, use cases, and future perspectives on AI for the insurance industry. Check out the website: www.ai-risk.co #Insurance #Finance #Versicherung #InsurTech #Startup #AI #AIrisk #artificialintelligence

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1 year ago
54 minutes 9 seconds

Reinventing Finance
The Reinventing Finance Podcast - Episode 48 Alexander Grimm Co-Founder & MD of AQUATY

In this episode of the Reinventing Finance Podcast, Nikolaus Sühr had the pleasure of talking with Alexander Grimm Co-Founder and Managing Director of AQUATY, a digital platform that makes venture capital and private market investments more efficient, accessible and liquid by reducing constraints around regulatory framework, process and automation associated with such investments.

For those who don’t know Alexander yet, it might be worth mentioning that he has served eight years as Chief Operating Officer and board member of the regulated insurer at the well-known InsurTech Getsafe before founding AQUATY with Robert Jeggle & Sebastian Otutuama.

In the conversation with Nick, Alexander shares insights about:

📍 His background and what it was like being Chief Operating Officer at Getsafe and some milestones

📍 Counterintuitive advice as an entrepreneur in FinTech

📍How private markets work and how AQUATY offers a solution to its clients' needs

📍How the constraints of investing in private markets look like and who mostly invests

📍Why it is relevant and interesting for private investors to partner up with AQUATY

📍 An exemplary customer story to showcase the use of the platform and the USP to its clients

📍Go-to-market strategy and business model of AQUATY

📍Why it is relevant and interesting for investors and what expenses are cut

📍 The current state of the Fintech and outlook for the future

Listen to the episode and check out AQUATY!

Link to the website: https://www.aquaty.vc/

#FinTech #InsurTech #Startup #Finance #growth #regulations #private markets #investing #investment #business #VC #PE


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1 year ago
33 minutes 35 seconds

Reinventing Finance
The Reinventing Finance Podcast - Episode 47 Raymond Zenkich

In this episode of the Reinventing Finance Podcast, ⁠Tom van der Lubbe⁠ and Nikolaus Sühr had the pleasure of talking with Raymond Zenkich, Co-Founder & President of Crypto Asset Insurer Evertas.


Raymond has a background in insurance and technology development, which initially led him to the first vision of starting Evertas, a crypto asset insurance company. As in every emerging industry and with every new technology – insurance is needed, so Evertas started developing suitable products for the crypto industry covering a wide range of risks, damages or losses associated with crypto trading and blockchain technology.


In the conversation with Nick and Tom, Raymond shares insights about:

  • The idea and the business model behind Evertas
  • Different risks, market understanding and how Evertas provides solutions for risk management
  • Whether Evertas is an InsurTech or identifying as a Crypto-related company
  • Evertas' Team and Key Competencies and unique skillsets around crypto-related and risk-related topics
  • Go-to-market-Strategy and the strategic decision to collaborate with wholesale brokers
  • How the competition landscape in the Crypto-Insurance space looks like and Evertas' USP
  • Current growth goals for 2024
  • Anecdotes from the crypto industry
  • Why it still needs more education for the mainstream market to understand the risks and potentials associated with the technology fully
  • Evertas' expansion to Europe

Check out the episode!

#cryptocurrency #crypto #cryptotrading #cryptoworld #cryptonews #insurance #insuranceindustry #versicherung #technology #podcast #podcasts #podcastshow #business #businessideas #growth

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1 year ago
49 minutes 35 seconds

Reinventing Finance
The Reinventing Finance Podcast - Episode 46 Saed Khawaldeh from DESAISIV

In this episode of the Reinventing Finance Podcast, Tom van der Lubbe and Nikolaus Sühr had the pleasure of talking with Saed Khawaldeh, CEO&Co-Founder of DESAISIV - a MENA-based InsurTech platform operating from Riyadh Saudi Arabia, helping corporates optimising their employees health insurance policies.

The middle eastern start-up is originally a spin-off from Oxford University, where Saed acquired a PhD in Artificial Intelligence (AI) and has recently successfully raised $2 million in a pre-seed funding round.

In the conversation with Nick and Tom, Saed shares insights about:

  • The journey of DESAISIV and why it is important to pivot business models sometimes.
  • The fast growth and milestones of DESAISIV so far.
  • What DESAISIV does exactly and how AI enables their platform.
  • Corporates' struggle in the Middle East when it comes to understanding all aspects of complex employees health policy schemes.
  • How they collaborate with brokers and corporates and the role of DESAISIV.
  • How the platform works and features.
  • The role of AI in their business model.
  • Market potential and plans for the future.

Check out the Podcast episode to find out more!

#AI #KI #insurance #business #mena #versicherung #expert #expertinsights #podcast

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1 year ago
40 minutes 17 seconds

Reinventing Finance
The Reinventing Finance Podcast - Episode 45 with Frederik Wulff, CEO of Markel Insurance SE

In this episode of the Reinventing Finance Podcast, Tom van der Lubbe and Nikolaus Sühr, had the pleasure of talking with Frederik Wulff, the CEO of Markel Insurance SE (European carrier within the Markel Group) in charge of the European business. In the podcast episode, he shares with Nick and Tom insights about: 

📍His professional background, founding his first company and how he joined Markel

📍Why company culture ("the Markel way of doing things”) and continuous learning are important for success 

📍Product Lines and why Markel is active in 

📍What differentiates Markel from competition 

📍Product lines and what developments and changes he sees in the future 

📍Why market education and timing are important when offering specific insurance products 

📍How market-oriented product-line development works at Markel 

📍What carbon insurance and the insurance of virtual assets have in common 

📍Why the InsurTech space is still very interesting for Frederik to observe at the moment


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1 year ago
53 minutes 47 seconds

Reinventing Finance
The Reinventing Finance Podcast - Episode 44 with Dr David Stachon former COO of wefox

In this episode of the Reinventing Finance Podcast by Tom van der Lubbe and Nikolaus Sühr, we had the pleasure of talking with Dr David Stachon Former COO and Advisor to the CEO of Wefox.

In the Podcast David shares and discusses the following insights with Nick and Tom:

📌 His professional background and his journey within the insurance industry

📌 Significant milestones in his career and from the company's that are still relevant today

📌 His time at both, established insurers and digital attackers/startups, and key learnings that you advise insurance board members to take note of

📌 What is currently just hype in insurance and what is essential

📌 The role of technology, tech building and tech investments in insurance

📌 Key barriers for internationally operating insurers

📌 Where the value is created within insurance

Check out the podcast episode with David to find out more!

#podcast #insurance #insuranceindustry #insurtech #technology #consulting #business

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1 year ago
57 minutes 14 seconds

Reinventing Finance
Reinventing Finance is a Podcast hosted by Nikolaus Sühr, CEO and Co-Founder of KASKO and Ronald Engel, CEO of VIG Platform Partners. This Podcast is for anyone who is interested in the current developments of the Insurtech, Insurance, Fintech and Finance market. Thought-provoking, entertaining and critical. Join us as we discover what some of the current industry leaders and decision makers are doing, the lessons they have learned, the main challenges and opportunities they identify, and how they see the current status of the Insurance and Finance industry.