MIGDAL TO COLLABORATE WITH MUNICH RE’S INSURTECH INNOVATION PLATFORM

The ITHM’s aim is to promote innovation in the insurance industry by means of connecting between the world-class decision makers in the industry, experts in the field, mentors and investors * Migdal Insurance Deputy CEO and Strategy and Business Development manager Eran Tzimerman: We need to act ceaselessly in maintaining a wide product mix suited to our customers’ needs and the reality of digital competition – at a national and international level

Migdal Insurance company is going to be collaborating with ITHM (InsurTech Hub Munich) – a non-profit innovation platform which brings together international partners in the insurance sector, including insurance companies, startups, investors, academe and government entities. The ITHM’s aim is to promote innovation in the insurance industry by means of connecting between the world-class decision makers in the industry, experts in the field, mentors and investors.

ITHM has announced that Migdal Insurance is once again joining the list of its international partners, as part of its ambition of reaching companies around the world and being part of a leading international network in the insurance network in Europe and beyond.

Migdal Insurance Deputy CEO and Strategy and Business Development manager Eran Tzimmerman: “In order to realize our business goals, we need to act ceaselessly in maintaining a wide product mix suited to our customers’ needs and the reality of digital competition – at a national and international level. We found in ITHM a partner who provides a platform for innovation, knowledge sharing and joint learning from insurance companies and startups in different markets. This is a significant step in improving our customers’ digital journey and as a means of positioning ourselves as a leader in innovation in the insurance sector”.

Tom Van Den Brula, head of global innovation at Munich Re and Chairman of the ITHM Board of Management, added: “International collaborations are one of the most important strategic success factors in the area of innovation in the insurance sector. This also includes mutual learning from each other, especially in the area of digitalization. With Migdal as a new community participant, the community network has been significantly expanded, which is the key to ITHM’s future success”.