"fresh thinking" for life insurer when using App`s

This white paper has been issued in preparation for a new start-up company based in Luxemburg. This document shall give the reader an insight view of the digitalization transformation of insurance businesses and provide a brought market overview on mobile application trends in the insurance sector. 

"Mobile technology could be a key factor for a successful distribution process of life insurance policies ...",

(Statement year 2013 of Mr. Jörg Flohr, Managing Director, Plentum Management S.à r.l.)

Based on his professional background in the insurance industry for the past last 25 years, he started to develop in cooperation with his life insurance partner his own in-house App-Solution. "From a necessity to a product!"

A deep understanding of the daily workflow of broker and / or independent financial advisers drove the development and implementation of his own mobile application solution. One could consider him as a seasoned expert in the life insurance sector. During his position as a co-founder and Managing Director of Partner in Life S.A., he was confronted to an average of 80 insurance companies per year where he got a deep inside view of the management and corporate culture of big, medium and smaller insurance companies.

With his 25 years experience in the insurance world, transmitting the needs of the industry in his own App, was just a breeze.

 Main targets followed in the App project:

• Make a life insurance product easily available for brokers
• Make the handling of applications as easy as possible and safe
• Reduce the administrative work on side of the broker
• Implement helpful marketing instruments (via movies, news, pdf flyers ...)
• Reduce the workflow on side of the insurer through data exchange
• give the life insurance sector a new color, be more attractive, be unique, address your service to young intelligent sales people
• give the management of life insurers useful controlling mechanism through data, give them modern and up to date controlling instruments

Plentum realized the in-house project mid of 2014 - the feedback from brokers, insurer and customers were phenomenal!

You want to receive more information regarding our app developments for life insurer? Please let me know, I will send you the full report via E-Mail.