Bäte Declares Traditional Life Insurance an Expiry Model
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Allianz CEO Oliver Bäte questions several basic pillars of the German insurance and pension landscape. The manager explains classic life insurance as an expiry model, relies on AI and calls for profound reforms in health, care and retirement provision. read more
Allianz CEO Oliver Bäte sees the traditional life insurance at the end. At the Media Barbecue of Allianz in Munich he talked about new product worlds for retirement provision. He also brought in a complete digital start-up. Allianz CEO Oliver Bäte spoke at the Media Barbecue of the Group in Munich about the upcoming retirement provision reform and went to court with the German health and care system© Allianz [...]
Oliver Bäte sees historical parallels to the railway boom of the 19th century around the AI hype and warns against extreme evaluations of prolific companies. At the same time, he is convinced that LLMs in insurance sales "will overtake the classic comparative sports. In addition to new ways in retirement provision, Bäte also cleared up the question during a press conference, how it goes on for him personally after the end of the contract at the …
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