ALAIKA Advisory

🌍 𝗔𝗜 𝗥𝗲𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗠𝗲𝗲𝘁𝘀 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻: 𝗔𝗿𝗲 𝗬𝗼𝘂 𝗥𝗲𝗮𝗱𝘆 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗘𝗨 𝗔𝗜 𝗔𝗰𝘁? 🌍 As groundbreaking advancements like DeepSeek transform industries, the EU AI Act, with mandatory compliance requirements starting February 2, 2025, raises the stakes for businesses. This shift makes AI Insurance more crucial than ever, as businesses face increasing risks like algorithmic bias, data breaches, IP disputes, and operational failures. 💡The Challenge AI risks are no longer hypothetical—they’re here. Organizations must balance innovation with compliance while managing risks such as:  ❗Bias and discrimination claims  ❗GDPR-related privacy breaches  ❗Operational disruptions and IP issues 🚀 The Opportunity AI-specific insurance is the answer. By addressing emerging risks, insurers empower businesses to innovate responsibly and safeguard against financial and reputational damage. 🔗Read the full article to explore how tailored AI insurance solutions are shaping the future: https://lnkd.in/dk47sUra 📣 How is your organization preparing to navigate AI risks and the EU AI Act? Let’s start the conversation! #AI #DeepSeek #EUAIAct #AIInsurance #RiskManagement #GenerativeAI #Innovation #Compliance #DataPrivacy 

🚀 We are thrilled to welcome three new members to our ALAIKA Advisory team in Munich this month! 💪🙌  Firstly, we would like to welcome Nizar Mouzouni to our team as a Senior Consultant! Nizar brings an impressive blend of experience and expertise to ALAIKA. With over two years in strategy, organization, and technology consulting for financial services at zeb consulting, Nizar has worked on a wide range of transformative topics. Adding to this, his entrepreneurial experience in a start-up environment further enriches his dynamic and versatile skill set. We are excited to have Nizar on board and look forward to the impact his innovative approach and dedication will bring to our clients. Welcome to the team, Nizar! 🎉 We are also proud to announce that Jannik Albrecht, who joined us as a Consulting Fellow for the second half of last year, has now taken the next step in his career with us as an Associate Consultant! Jannik’s contributions during his time as a Fellow have been remarkable. Bringing his academic background from the Universität Mannheim and professional experience at Deloitte, Jannik has shown incredible dedication and a passion for delivering value to our clients. We are excited to continue supporting Jannik in his new role and look forward to seeing the positive impact he will make as an Associate Consultant. Congratulations, Jannik! 👏 Finally, a very warm welcome to our new HR Working Student, Payton Olivia Schwarzer. With a strong academic foundation in Research on Teaching and Learning, Payton brings a passion for People and Learning Analytics, as well as a keen interest in leveraging technology to drive innovation. Her extensive international experience provides unique and diverse perspectives to the HR space. At ALAIKA, Payton will support the team across Recruiting and various People and Culture initiatives. We're excited to have her on board! 🎉  #WelcomeToTheTeam #Consulting #CareerGrowth #AlaikaAdvisory #NewHire 

🚀 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝟮𝟬𝟮𝟱: 𝗧𝗵𝗿𝗲𝗲 𝗣𝗶𝗹𝗹𝗮𝗿𝘀 𝗗𝗿𝗶𝘃𝗶𝗻𝗴 𝘁𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲🚀 As we step into 2025, the insurance industry is well into its transformation journey. Advancing technologies, such as AI, and new architectural approaches, such as data fabric, are continuously creating new opportunities—while tightening regulatory frameworks impose stricter demands. Is your insurance organization equipped to navigate this technology-driven future? Ninety-four percent of executives cite legacy systems as a major roadblock, so modernization isn’t just an option—it’s a necessity. 💡 𝗧𝗵𝗲 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲: 𝗪𝗵𝘆 𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗖𝗮𝗻’𝘁 𝗪𝗮𝗶𝘁 Transformation is no longer optional, it's critical to stay competitive and protect your future. ❗ 𝗢𝘂𝘁𝗱𝗮𝘁𝗲𝗱 𝗹𝗲𝗴𝗮𝗰𝘆 𝘀𝘆𝘀𝘁𝗲𝗺𝘀 stifling innovation and agility  ❗ 𝗗𝗲𝗺𝗮𝗻𝗱 𝗳𝗼𝗿 𝗵𝘆𝗽𝗲𝗿-𝗽𝗲𝗿𝘀𝗼𝗻𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻 to satisfy evolving customer expectations  ❗ 𝗛𝗲𝗶𝗴𝗵𝘁𝗲𝗻𝗲𝗱 𝗰𝘆𝗯𝗲𝗿𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝘁𝗵𝗿𝗲𝗮𝘁𝘀 requiring AI-driven defenses  ❗ 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗽𝗿𝗲𝘀𝘀𝘂𝗿𝗲 (𝗲.𝗴. 𝗗𝗢𝗥𝗔) calling for operational resilience and efficiency 🚀 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝘁𝗼 𝗦𝗲𝗶𝘇𝗲 By embracing strategic IT investments and a forward-thinking mindset, insurers can unlock:  ✔️ 𝟯𝟬% 𝗳𝗮𝘀𝘁𝗲𝗿 𝗰𝗹𝗮𝗶𝗺𝘀 𝗽𝗿𝗼𝗰𝗲𝘀𝘀𝗶𝗻𝗴 with AI  ✔️ 𝗘𝗻𝗵𝗮𝗻𝗰𝗲𝗱 𝗰𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝗹𝗼𝘆𝗮𝗹𝘁𝘆 through hyper-personalized products.  ✔️ 𝗦𝘁𝗿𝗲𝗮𝗺𝗹𝗶𝗻𝗲𝗱 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀 with AI-driven, cloud-first strategies  ✔️ 𝗨𝗽 𝘁𝗼 𝟰% 𝗹𝗼𝘄𝗲𝗿 𝗰𝗹𝗮𝗶𝗺𝘀 𝗽𝗮𝘆𝗼𝘂𝘁𝘀 through advanced anomaly detection  ✔️ 𝗣𝗿𝗼𝗮𝗰𝘁𝗶𝘃𝗲 𝗰𝘆𝗯𝗲𝗿𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 that cuts false positives by 90% and reduces incident response times by 60% 💡 At ALAIKA Advisory, we partner with insurers and technology providers to tackle these challenges head-on, leveraging deep expertise and innovation for 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗴𝗿𝗼𝘄𝘁𝗵 and a 𝗰𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗲𝗱𝗴𝗲. 🔗 Read the full article here: https://lnkd.in/dQCbjT2b 📣 Connect with Us Johanna von Geyr, Philipp Schaeuble, Michael Kimmig, and Matthias Faber explore how these trends can shape your organization’s technology strategy. 🔊 Are you ready to redefine your insurance operations for the future? Share your thoughts and join the conversation! #Insurance #InsuranceTransformation #ITTrends2025 #AI #HyperPersonalization #RegTech #DORA #Cybersecurity #EmbeddedInsurance #CloudMigration #Resilience #Innovation #ALAIKAAdvisory

🚀𝗗𝗲𝗰𝗲𝗺𝗯𝗲𝗿 𝗺𝗮𝗿𝗸𝘀 𝗮 𝘀𝘁𝗿𝗼𝗻𝗴 𝗺𝗼𝗻𝘁𝗵 𝗮𝘁 𝗔𝗟𝗔𝗜𝗞𝗔!🚀 We are thrilled to announce another key leadership hire at ALAIKA Advisory and welcome Christian Balloff as our new 𝗗𝗶𝗿𝗲𝗰𝘁𝗼𝗿 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 & 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆! 🎉  Christian brings a wealth of expertise as a Finance Executive, Founder and Entrepreneur with a passion for Process Automation, AI, and Predictive Analytics. In his new role, Christian will take charge of our financial operations, oversee planning processes, and drive the strategic development of business cases to ensure ALAIKA's growth from a finance and strategic perspective. With Christian’s deep expertise, we’re further strengthening the core of our business to accelerate ALAIKA’s scaling and success journey. 𝗣𝗹𝗲𝗮𝘀𝗲 𝗷𝗼𝗶𝗻 𝘂𝘀 𝗶𝗻 𝗴𝗶𝘃𝗶𝗻𝗴 𝗮 𝘄𝗮𝗿𝗺 𝘄𝗲𝗹𝗰𝗼𝗺𝗲 𝘁𝗼 𝗖𝗵𝗿𝗶𝘀𝘁𝗶𝗮𝗻!👏  #WelcomeToTheTeam #Consulting #CareerGrowth #AlaikaAdvisory #NewHire

🎄𝗖𝗲𝗹𝗲𝗯𝗿𝗮𝘁𝗶𝗻𝗴 𝗮 𝗥𝗲𝗺𝗮𝗿𝗸𝗮𝗯𝗹𝗲 𝗬𝗲𝗮𝗿 𝗮𝘁 𝗔𝗟𝗔𝗜𝗞𝗔🎄 As 2024 draws to a close, we at ALAIKA Advisory would like to extend our wishes for a Merry Christmas and a successful New Year. This time of reflection fills us with gratitude for the trust and collaboration of our partners that have driven our journey this year. ✨ 𝗔 𝗬𝗲𝗮𝗿 𝗼𝗳 𝗚𝗿𝗼𝘄𝘁𝗵 𝗮𝗻𝗱 𝗠𝗶𝗹𝗲𝘀𝘁𝗼𝗻𝗲𝘀 ✨ 2024 marked not just ALAIKA Advisory's 𝟮𝗻𝗱 𝗕𝗶𝗿𝘁𝗵𝗱𝗮𝘆, but also an extraordinary year for us: 📈 We welcomed six new Financial Services clients to our portfolio, three of them being non-German Fortune 500 companies. 🌟 We doubled our dynamic team to 30+ talented professionals speaking >10 languages. 🌊 We hosted this Summer our first Rafting Event in cooperation with TUM Finance and Accounting Selected Talents (TUMfast). Don't miss the highlights linked below. 🌍 We opened our first international office in Barcelona, a key milestone in our global journey with more locations to come. 🏆 Closing the year with a bang, we won “Best Consultancy of the Year 2024” in London ahead of much bigger competitors by the only client voting award within Financial Services (Smart Money People, a leading financial services review platform). 🎥 To celebrate, we just recently welcomed >100 clients, partners, and our team to the annual ALAIKA X-Mas Market with our own ALAIKA Christmas market stalls at our headquarters in Munich. Video and article linked below. 💝 𝗘𝗺𝗯𝗿𝗮𝗰𝗶𝗻𝗴 𝘁𝗵𝗲 𝗦𝗽𝗶𝗿𝗶𝘁 𝗼𝗳 𝗚𝗶𝘃𝗶𝗻𝗴 Like every holiday season, instead of giving gifts, we are proudly dedicating this budget to support the Munich based “Sternenstaub Stiftung”, a non-profit organization. Our founder Johanna von Geyr is supporting here as a board member, and you can be sure that the Sternenstaub funds reach their purpose. This year we are honoured to specifically support the 𝗪𝗲 𝗔𝗿𝗲 𝘁𝗵𝗲 𝗪𝗼𝗿𝗹𝗱 𝗦𝗰𝗵𝗼𝗼𝗹 in Beni, D.R. Congo. This inspiring institution provides inclusive education for children, including those with disabilities, in a region deeply affected by conflict.   🙏 𝗔 𝗛𝗲𝗮𝗿𝘁𝗳𝗲𝗹𝘁 𝗧𝗵𝗮𝗻𝗸 𝗬𝗼𝘂 As our founders, Johanna von Geyr and Harald Braunstein, reflect on an incredible year, they share:  "Two incredible years of ALAIKA! As we celebrate our second birthday, our growing community reflects the progress we’ve made together. Over the past two years, we’ve achieved sustainable growth, profitability, and laid the foundation for even greater ambitions ahead. Here's to building a brighter future together – with our partners, clients, and team. We’re excited for what’s to come. Merry Christmas and thank you for being a part of this journey!" 🎄 From all of us at ALAIKA Advisory, we wish you a holiday season filled with joy, and cherished moments—and a New Year filled with exciting opportunities and achievements!🎄 #ALAIKAAdvisory #YearInReview #MerryChristmas #NewYear2025 #Partnerships #GlobalGrowth #BestConsultancy2024 #SocialImpact

🏆We’re excited to be named Best Consultancy of the Year at the Insurance Choice Awards 2024!🏆 ALAIKA Advisory is thrilled to announce our first industry award, a significant milestone in our journey to revolutionize financial services.   With over 41,000 votes cast in total, this recognition is a testament to the collective efforts of our team and the trust of our clients and partners. As Johanna von Geyr, our Founder and Co-CEO, reflects: "This award is more than just a trophy; it represents a vote of confidence from our clients and partners and the incredible dedication of our team. Being recognized for the first time in such a competitive field is a proud moment and a stepping stone toward even greater accomplishments." Presented by Smart Money People, the leading platform in financial services reviews, these awards honor organizations that demonstrate innovation, operational excellence, and exceptional customer experience. ALAIKA Advisory's unique approach—combining deep industry expertise with state-of-the-art technology—clearly resonated with our clients. Their glowing feedback speaks volumes about the impact we’re making in shaping the future of financial services. Marguerite Soeteman-Reijnen, Former Chairman Executive Board Aon Holdings & Aon Group International BV:  “ALAIKA Advisory’s expertise in insurance and tailored solutions have successfully transformed operations, enhancing efficiency and customer satisfaction. Their proactive insights have been invaluable in driving results and supporting strategic goals.” Kathrin Braunwarth, CIO at AXA Schweiz:   “I was very impressed by ALAIKA’s strategic but still operational approach. Truly special are the people at ALAIKA – competent, personable and down-to-earth. They made it easy to work intensively with my whole management team proofing our digital priorities and customer focus!” We extend heartfelt thanks to our team, clients, and partners for their unwavering trust and support. Special appreciation goes to Michael Kimmig and Riccardo Scaccianoce for representing us at the gala and engaging with industry leaders on the evolving needs of financial services.  This milestone reaffirms our mission: We build the future of Financial Services for you by combining deep industry expertise with state-of-the-art tech know-how. 🚀💼 Read the full article here: https://lnkd.in/d48xn_Dp #InsuranceChoiceAwards #ALAIKAAdvisory #FinancialServices #ICA2024 #ClientCentered #Insurance #Hiring #DigitalTransformation

🎉 𝗘𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗡𝗲𝘄𝘀: 𝗦𝘁𝗿𝗲𝗻𝗴𝘁𝗵𝗲𝗻𝗶𝗻𝗴 𝗢𝘂𝗿 𝗣𝗲𝗼𝗽𝗹𝗲 𝗧𝗲𝗮𝗺!🎉 We are excited to announce the further growth of our People Team: Please join us in welcoming Karolina B. as our new 𝗧𝗮𝗹𝗲𝗻𝘁 𝗔𝗰𝗾𝘂𝗶𝘀𝗶𝘁𝗶𝗼𝗻 𝗟𝗲𝗮𝗱 and Michaela Matus as our new 𝗣𝗲𝗼𝗽𝗹𝗲 𝗗𝗶𝗿𝗲𝗰𝘁𝗼𝗿. As we continue our strong ALAIKA Advisory growth journey, both roles are key to ensure we attract and hire exceptional talent.🌟   🚀 On our mission forward to deliver excellence and innovation to our clients, our 𝗣𝗲𝗼𝗽𝗹𝗲 𝗧𝗲𝗮𝗺 is crucial in building our most important “product” - the ALAIKA Advisory team. Together, they will help creating an environment where our talents can thrive and grow to continue our success story. We look forward to achieving great things together!💪🙌 #WelcomeToTheTeam #Consulting #CareerGrowth #AlaikaAdvisory #NewHires 

🚀 Building an #AI-#First #Organization: Driving Value & Overcoming Fear ➡️ How can business leaders harness AI to create real value? How can we shift from fearing AI risks to embracing its power—delivering greater accuracy, productivity, and value compared to human-only actions? And most importantly, how do we avoid vendor lock-in while scaling AI solutions? 🙌🏼 These were just some of the critical questions explored at the FT Live event in #Copenhagen on December 4th, visited by ALAIKA Advisory. 🎤 Richard Davis, CTO of Danske Bank, set the tone perfectly: “80% of my time is spent talking about GenAI!” ➡️ Here are my key takeaways from an inspiring day with financial services leaders: 1️⃣ #Europe needs to wake up. As Jay Nair, EVP at Infosys pointed out: “AI is Europe’s regulation and America’s innovation!” This was echoed by Kasper Tjørntved Davidsen, CIO at Topdanmark “Europe’s AI legislation must catch up, or we risk falling behind globally.” 2️⃣ Fear will give way to trust. AI will surpass human accuracy in many domains. The fear of risks will fade as scaled solutions deliver tangible results. Topdanmark is a frontrunner here, and it was a privilege to deep dive with Kasper into AI’s challenges and opportunities. 👉🏼 AI is not just the future—it’s the present. Let’s move beyond hesitation and embrace an AI-first mindset to create smarter, more agile organizations. 📖 Full insights from my exchange with Kasper Tjørntved Davidsen around the Financial Times event 👉🏼 https://lnkd.in/gsp-52Vi Let’s drive the conversation forward. How are you embedding AI first into your organization? 🔥 #AI #GenAI #Leadership #FinancialServices #Innovation #insurance #agenticai #alaika Paul Wieder Lukas Heindörfer Kashyap Kitchlu Philipp Schaeuble Michael Kimmig Frank Bastian Manuel Gerhart

🚀 Unlocking the Power of #Generative #AI in #Insurance 💡The #insurance industry is at a pivotal juncture. With its vast data, intricate processes, and customer-centric focus, it’s ideally positioned to harness the transformative potential of #Generative #AI (#GenAI) at scale. 🎤At the Financial Times Live Event in Copenhagen earlier this week, our #Co-#CEO Johanna von Geyr had the privilege of engaging with Kasper Tjørntved Davidsen, #CIO of Topdanmark and a frontrunner in AI innovation within the industry. They discussed how financial services organizations can effectively integrate AI to enhance business value and elevate measurable customer satisfaction. 🙌🏼 Kasper’s expertise exemplifies the possibilities when #GenAI is central to transformation. His AI-driven initiatives demonstrate that leveraging advanced technologies transcends efficiency—it’s about crafting meaningful customer experiences and setting new industry benchmarks. ➡️ Topdanmark is at the forefront of this evolution, with a notable increase in Net Promoter Score (NPS) showcasing the current capabilities of GenAI compared to traditional human interactions. 👊🏼 At ALAIKA Advisory, we’re proud to facilitate these essential journeys. Together, let’s redefine the boundaries of what’s achievable. 👉 #Read the #full #interview - https://lnkd.in/gJxPkwzt #GenerativeAI #DigitalTransformation #InsuranceInnovation #Leadership #acurracy #lessrisk #AlaikaAdvisory #AIFirst #AgenticAI #financialtimes #innovation #wearehiring #financialservices Lukas Heindörfer Philipp Schaeuble Paul Wieder Kashyap Kitchlu

🚨 The DORA Compliance Clock is Ticking 🚨 With the January 17th, 2025 compliance deadline rapidly approaching, financial services institutions and ICT service providers face an urgent race against time.   Under #DORA regulations, critical ICT third parties may face daily fines of up to 1% of their average daily worldwide turnover, while each EU Member State will establish specific penalties for financial institutions. The Challenges: Where Are Companies Stumbling?  📌 Ambiguity of Definitions and Governance  📌 Lack of holistic and interconnected perspective  📌 Risk assessment gaps Despite the deadline approaching, organizations have a continuous journey to sustain from January onwards  ✔️ Prioritize gap remediation and address ambiguity in governance and definitions.  ✔️ Justify any missed requirements with a clear rationale, backed by mitigation strategies.  ✔️ Establish and deliver a robust continuous implementation roadmap  💡 To mitigate the challenges above, at ALAIKA Advisory, we collaborate with our clients to establish a complementary taskforce that integrates seamlessly with ongoing #DORA programs. 🔗 Read the full article https://lnkd.in/dTPWKksQ Connect with our Founder & Co-CEO Johanna von Geyr and our taskforce team Frank Bastian, Philipp Schaeuble, Michael Kimmig, Matthias Faber Manuel Gerhart, Tobias Wehling, Lukas Heindörfer, Colleen Sauer and Eunice Fernandes. 🔊 Are you ready to thrive in the new era of digital resilience? Allianz, ERGO Group AG, Deutsche Bank, Commerzbank AG, Danske Bank, Topdanmark, Munich Re, UBS, SEB, Swedbank, Sparkasse, UniCredit, Santander, MAPFRE, Mutua Madrileña, Occident. We are looking forward to your comments and insights on your #DORA journey experience.   #DORA #Resilience #Cybersecurity #FinancialServices #Insurance #Banking #Alaika #Compliance #Bafin