Zurich Insurance Group Ltd · SIX:ZURN
Zurich Insurance — Conference Presentation (2019)
40 slides from Zurich Insurance's conference presentation, 2019
Slide 1: 4 Regions, 28 Countries
2,000+ 22 Global Events Nominees 700+ ideas submitted 1,250+ Co-creation Session 4 REGIONS employees engaged 60 28 COUNTRIES © Zurich INTERNAL USE ONLY Initiatives i
Slide 2: Plain Language, SteerCo Streamlining, Fast Track Renewals
Plain Language - From 40 pages to 4 pages SteerCo Streamlining 33% reduction of meetings Fast Track Renewals 15% time reduction © Zurich 48h Referral - From 7 days to less than 48h INTERNAL USE ONLY
Slide 3: Make the Difference
MAKE THE DIFFERENCE © Zurich INTERNAL USE ONLY 3
Slide 4: We are changing the world
We are changing the world We are unlocking Zurich’s potential We need to change to remain relevant 4
Slide 5: Make the Difference
MAKE THE DIFFERENCE © Zurich INTERNAL USE ONLY 5
Slide 6: Make the Difference is grounded on our strategy
MAKE THE DIFFERENCE is grounded on our strategy …simplification …innovation …customer focus © Zurich INTERNAL USE ONLY
Slide 7: We need to speak the language of the customer
We need to speak the language of the customer Industry Value Chain Product Marketing & Claims & Policy Admin Renewal Development Sales Benefits Customer Value Chain Exploration Buy Service Incident Loyalty © Zurich INTERNAL USE ONLY
Slide 8: Our industry targets mainly Baby Boomers
Our industry targets mainly Baby Boomers It´s time to look at the Next Generation © Zurich INTERNAL USE ONLY 8
Slide 9: Impact of the Next Generation
Impact of the Next Generation ~4.8bn ~45% 20% people by of today’s hold a leadership 2020 workforce position © Zurich INTERNAL USE ONLY
Slide 10: The Next Generation is now the entry point to the mass market
The Next Generation is now the entry point to the mass market © Zurich INTERNAL USE ONLY
Slide 11: Baby Boomers are more anchored locally
Baby Boomers are more anchored locally The Next Generation is more global © Zurich INTERNAL USE ONLY 11
Slide 12: Big Influential Global
Big Influential Global © Zurich INTERNAL USE ONLY
Slide 13: The Next Generation has changed most industries and Insurance is next
The Next Generation has changed most industries and Insurance is next © Zurich INTERNAL USE ONLY
Slide 14: Traditional lifestyle vs Next Generation lifestyle
TRADITIONAL LIFESTYLE Own a car Own a house Get married Countries visited1 79% 61% 23 years 5 countries NEXT GENERATION LIFESTYLE 55% 38% 30 years 9 countries Motor insurance should Home insurance Life insurance has to Travel insurance has to consider new needs to fit a new lifestyle change mobility
Slide 15: The Next Generation has different needs
The Next Generation has different needs Community Individuality Convenience © Zurich INTERNAL USE ONLY
Slide 16: The insurance industry is NOT catering for community, individuality, convenience
The insurance industry is NOT catering for COMMUNITY INDIVIDUALITY CONVENIENCE It is time to RE-SHAPE the industry © Zurich INTERNAL USE ONLY 16
Slide 17: The Next Generation has different needs
The Next Generation has different needs Community Individuality Convenience © Zurich INTERNAL USE ONLY
Slide 18: Community cares about sustainability
MAKE THE DIFFERENCE community cares about SUSTAINABILITY
Slide 19: Sustainability is authentic to our internal community
Sustainability is authentic to our internal community Single-use plastic ban Paper reduction Digital office
Slide 20: We are innovating with external communities
We are innovating with external communities Hack Zurich Innovation Championship
Slide 21: Combining the purpose of sustainability with the power of innovation
Combining the purpose of sustainability with the power of innovation 458 57 21 2019 Start-ups Territories Participating BU’s WORLDWIDE MEDIA COVERAGE © Zurich INTERNAL USE ONLY
Slide 22: Protecting the Next Generation
Protecting the Next Generation © Zurich INTERNAL USE ONLY
Slide 23: Combining the purpose of sustainability with the power of innovation
Combining the purpose of sustainability with the power of innovation 700+ 57 26 2020 Start-ups Territories Participating BU’s GLOBAL PARTNER NETWORK INVOLVED IN SCOUTING © Zurich INTERNAL USE ONLY
Slide 24: Combining the purpose of sustainability with the power of innovation
Combining the purpose of sustainability with the power of innovation 700+ 57 26 2020 Start-ups Territories Participating BU’s GLOBAL PARTNER NETWORK INVOLVED IN SCOUTING © Zurich INTERNAL USE ONLY
Slide 25: The Next Generation has different needs: Individuality
The Next Generation has different needs Individuality Community Individuality Convenience © Zurich INTERNAL USE ONLY
Slide 26: We have now started to conceptualize a different approach
We have now started to conceptualize a different approach © Zurich INTERNAL USE ONLY
Slide 27: Customers Like You
Providing guidance based on local community: Customers Like You © Zurich INTERNAL USE ONLY https://www.protect-your-loved-ones.zurich.ch/en/who-matters-to-you
Slide 28: The Next Generation has different needs: Convenience
The Next Generation has different needs Convenience Community Individuality Convenience © Zurich INTERNAL USE ONLY
Slide 29: Bringing the Frontline expertise
Bringing the Frontline expertise © Zurich INTERNAL USE ONLY
Slide 30: Risk Advisor
Use our Risk Engineering Expertise: Risk Advisor © Zurich INTERNAL USE ONLY
Slide 31: Risk Advisor: It's your turn to download it
Risk Advisor It´s your turn to download it! © Zurich INTERNAL USE ONLY
Slide 32: The Next Generation has different needs
The Next Generation has different needs Community Individuality Convenience © Zurich INTERNAL USE ONLY
Slide 33: Make the Difference
MAKE THE DIFFERENCE © Zurich INTERNAL USE ONLY 33
Slide 34: We are changing the world
We are changing the world We are unlocking Zurich’s potential We need to change to remain relevant 34
Slide 35: It's not about processes
It’s not about processes 35
Slide 36: It's not about systems or IT
It’s not about systems or IT 36
Slide 37: It's not about hierarchy
It’s not about hierarchy 37
Slide 38: So what's it about?
So what’s it about? 38
Slide 39: It's about people
It’s about people 39
Slide 40: Make the Difference
MAKE THE DIFFERENCE © Zurich INTERNAL USE ONLY 40
Zurich Insurance Group — Conference Presentation (2019) on 6ix