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Automated innovation for product development

Versicherungskammer Bayern (VKB)

Customer story

Versicherungskammer Bayern (VKB) needed an automated solution to develop and implement a new motor product across three group companies and accelerate the creation of new apps.

VKB@2x

COMPANY

Versicherungskammer Bayern

German public insurer

HEADQUARTERS

Munich, Germany

EMPLOYEES

7000+

INDUSTRY

Insurance

PRODUCTS & SERVICES

Kfz VarioFahrstil

WEBSITE

www.vkb.de

What was accomplished

Our industry-focused teams specialize in understanding specific business needs to shape solutions that create efficiencies and power performance. We speak your language, and our deep industry experience provides the best framework for delivering action-oriented results that fit your operational needs.

 

 

SOLUTION

Internet of Things Analyzer. msg.IoTA

  • Implemented msg.IoTA and Kfz VarioFahrStil App
  • Integrated end-to-end solution
  • Data transformation, trip data enriched with location and policy data
  • Innovative motor insurance policy

 

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CHALLENGES

Modernize processes & data delivery

  • Inflexible premium rates
  • No individualization of premiums
  • Device/system reliability
  • Data quality & quantity

BENEFITS

Record. Analyze. Score.

  • Fast implementation timeline
  • New and own VKB risk models created and analyzed
  • More customer engagement through a modern platform

Why msg global

Operating from offices across the globe, our expert teams help clients achieve operational efficiency and improve decision-making capabilities.

 

 

Trustworthy & strong expertise

Longstanding expertise in insurance solutions

Exceptional experience

Experienced team of consultants with special knowledge in telematics

Reliable partnership

International network of partners 

Innovative solution

Scalable cloud solution with option for further expansion

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