Usage-Based Car Insurance –
Insurers Hesitate, but it’s Inevitable

UBI Usage-Based Car InsuranceUsage-based insurance (UBI) has been gaining ground for some years now, and while the jury is still out on some other domains such as health insurance, results in car insurance are very promising. Nevertheless, not all insurance companies are jumping at the opportunities UBI is presenting: for many, the dual effort of upgrading their technology and reviewing their business models on their own seems all but unmanageable. An implementation partner with expertise in the fields of both IT and actuarial matters can help.

 The benefits of usage-based insurance are obvious:

  • Insurers would not only benefit from the significantly reduced number of claims, but moreover, from promising up-selling and cross-selling opportunities
  • UBI policyholders would enjoy lower insurance rates
  • Society as a whole would ultimately benefit in terms of improved road safety, which would in turn give the public image of the insurance sector a massive boost

However, cultural barriers seem to exist, making it difficult for customers in some markets to embrace the idea of having their behaviour observed too closely. While such initiatives meet relatively little controversy in countries such as the U.S. and Italy, German customers are known to take privacy concerns very seriously. Read More


Autoren: Dr. Irina Eckardt, Gordon Süß und Dr. Philipp S. Müller


Ein Arbeitsprogramm für E-Government in Deutschland. 

Studien wie der Initiative D21 E-Government Monitor, der eGovernment Benchmark der Europäischen Kommission und der E-Government Survey der Vereinten Nationen machen deutlich, dass die deutsche Verwaltung im Vergleich zu den Europäischen Partnern in der Digitalisierung der Verwaltung immer mehr zurückfällt. In der Vergangenheit wurden mehrheitlich E-Government-Leuchttürme für einzelne Leistungen in Lebens- und Unternehmenslagen und in einzelnen Ländern oder im Bund in Deutschland realisiert. Dadurch wurde das Thema E-Government öffentlichkeitswirksam in die politischen Agenden in Bund und den Ländern aufgenommen, aber eine breite und flächendeckende Bereitstellung von digitalen Angeboten konnte nicht erreicht werden. Vielmehr hat sich eine Kultur der Alleingänge etabliert, welche die Schaffung eines einfach zugänglichen und einheitlichen digitalen Angebots eher noch verzögert als unterstützt. Dieser Problematik hat sich der NKR im letzten Jahr mit seiner Studie „E-Government in Deutschland: Vom Abstieg zum Aufstieg“ angenommen in deren Vorwort der Vorsitzende Dr. Johannes Ludewig deutliche Worte findet:

„Ein weiter so kann es nicht mehr geben, will Deutschland in den kommenden Jahren nicht mehr zu den Nachzüglern sondern zu den E-Government-Vorreitern in Europa gehören.“

Als Fortschreibung dieser Studie hat CSC gemeinsam mit Capgemini das Gutachten „E-Government in Deutschland: Wie der Aufstieg gelingen kann – ein Arbeitsprogramm“ erarbeitet, dass heute veröffentlicht wurde. Dieses Gutachten besteht aus drei Dokumenten: einer Kurzfassung, die die Maßnahmen aus der Langfassung zusammenfasst sowie einem Analysedokument, in dem internationale Best Practices zusammengetragen wurden, die ins Arbeitsprogramm eingeflossen sind. Read More

Keeping up in an Ever Extending Vendor Universe

Author: Tolga Yilmaz

As companies evolve and their exponentially expanding requirements need to be satisfied, third parties and vendors come more and more into play. The reasons for this are justified, more than ever… as more companies become reliant on Information Technologies and Professional Services, they need to procure the best products, which requires in some instances deep knowledge of certain subjects. In some instances, some organizations have begun to outsource complete units as they primarily do not align with their subject matter expertise, and the required services are provided in a much better fashion, due to the fact that the vendor of the service is an actual subject matter expert on the services procured. Read More

New Lease Accounting – Fit for IFRS 16?

Authors: Benjamin Hafner and Robert Betz

Time is running out!

On January 13, 2016 the International Accounting Standards Board (IASB) published the new IFRS 16 accounting standard for leases. The regulations of the IASB primarily concern the lessees. Starting 2019, they will have to include all leases and the associated rights of use and lease liabilities in the balance sheet. Accordingly, lessees will no longer have to differentiate between financial leases and operating leases.

Recent studies published by auditors show the enormous impact on the balance sheet and the KPIs (equity ratio, debt-equity ratio, cash flow, etc.). This should be analyzed at a very early stage and the effects on balance sheets and capital markets should be communicated. Read More

The New Ways of Working – Working Beyond Borders

With Generation Y a new generation of young well-educated people urges in the world of Employment, which has a high affinity for technology and modern means of communication. Grown up in the era of internet and smartphones, the competition between employers for the “Best” of this generation flares up in the „war for talent“. But in return they make high demands on their working world – in terms of content but in particular also on the infrastructural and technical design of „their“ world of work. This generation is no longer influenced by the traditional understanding of one’s role in the professional life. Career at any price is no longer the focus but rather a meaningful and satisfying work life. We have to admit, that modern working environments and the New Ways of Working are not only conditioned by the increasingly entering of Generation Y into working process, but the entire world of work is subject to constant change to a new kind of work with other priorities and thus new requirements for the modern office world and IT. Read More

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