Bancassurance in Germany offers vast untapped opportunities, as its market share is still less than 30 percent of new premiums in life and only six percent in non-life insurance.
To capitalize on these opportunities, the best starting point for banks and insurers is to understand customer needs in a digital world and to redefine ‘relationship quality’ with digital in mind.
The good news is that this is easily achievable with bancassurance-as-a-service and modular solutions, which enable building state-of-the-art bancassurance platforms with little integration effort.
So, what does this mean and how can it be achieved? Discover more in our white paper.