Generation Alpha and its hybrid life, the symbiosis of innovation and cooperation and the new fund of funds to support European Tech Champions
What is driving the insurance industry? Which trends should be looked at more closely – and how should they be dealt with? In our magazine //next, we reflect on innovations and technological developments in the insurance industry. In this first edition of our //next newsletter, we take a look on GenAlpha, the European Tech Champions Initiative (ETCI) and innovation scouting at ERGO.
1. Generation Alpha: Hybrid daily routine
The 15- to 25-year-old teenagers and young adults of #GenerationZ and #GenerationAlpha are combining analogue and digital lifeworlds in a way that no other generation has done before. ERGO CDO Mark Klein is convinced that, with the young user groups, the customer understanding of a hybrid changeover between analogue and digital will once again change tremendously. In his current blog on //next, he describes which consequences result from this for ERGO and the insurance industry:
2. New Fund of Funds to support European Tech Champions
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In February 2023, five EU Member States and the European Investment Bank Group have signed the European Tech Champions Initiative (#ETCI). The initiative aims to identify and support the most promising European tech companies to support and provide guidance. Stefan Hasselbeck , Corporate Venturing at ERGO Group, gives an overview.
3. “Innovation is often also collaboration”
At Insurtech Insights 2023 in London, Europe's largest conference for start-ups from the insurance industry, ERGO was represented by no less than six heads. A nice opportunity for Sebastian Sehr and Bessem Ayari to tell us about the mission and work of the ERGO #Innovation Scouts.
"Time and again, we find that many start-ups and insurtechs are interested in meeting ERGO because word of our high digital ambitions has spread throughout the industry."