Ethias - Digital Transformation Strategies

Ethias - Digital Transformation Strategies

Summary

This report provides insight into Ethias' insurtech activities, including its digital transformation strategies, its innovation programs, and its technology initiatives.Ethias SA (Ethias) provides life and non-life insurance products to individuals, public sector entities, and corporate companies. Its non-life insurance portfolio includes car insurance, home insurance, assistance, health care coverage, travel cancellation insurance, machine breakage insurance, all-risk insurance, guaranteed income insurance, hospitalization insurance, accident insurance, work accident insurance, and coverage for civil liability. Its public sector clients include the federal state, local public authorities, regions and communities, public companies, hospitals, schools, semi-public bodies, and public interest organizations. Its subsidiaries include Ethias Services, the NRB group, and IMA Benelux.

Scope

• Ethias is strengthening its focus on the use of key disruptive technologies to enhance its operations and quickly launch digital insurance products. To do so, it is tapping into key disruptive technologies including AI/machine learning (ML), big data, cloud, data analytics, insurtech, and data centers.
• In 2020, Ethias launched Ethi’Hub, its innovation hub and ideas incubator to accelerate innovation across the Ethias group in an agile and entrepreneurial mode.
• Ethias entered into a long-term agreement with Shift Technology for using its AI-based fraud detection solution.

• Gain insights into Ethias' insurtech operations.
• Gain insights into its digital strategies and innovation initiatives.
• Gain insights into its technology themes under focus.
• Gain insights into its various product launches, partnerships, investments, and acquisitions.