Hannover Re Eyes InsurTech Innovation with Launch of hr | equarium

Global reinsurance player Hannover Re has announced the launch of hr | equarium, an online platform designed to better connect InsurTech solutions with the insurance industry.

Source: Reinsurance News | Published on March 12, 2019

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Hannover Re has identified digital disruption, shifting demographics and evolving buyer preferences as having created a challenging operating environment for insurers.

Subsequently, the company designed hr | equarium as a way to offer easy access to product and distribution innovations for insurers to stay ahead of the competition and meet consumer needs.

“We bridge the gap between insurtechs and insurers, because currently the industry has a matching problem,” said Claude Chèvre, the responsible member of Hannover Re’s Executive Board.

“It’s difficult for insurers to uncover and select the right solutions. We not only make it simpler to identify the technologies that will add the most value to an insurer’s business, but we and the platform community can rate these solutions and quantify their impact, so clients can be confident in approaching them.”

“On the other side, new technology providers can struggle to get their foot in the door with insurance firms, or to position their solutions in a way that really resonates,” added Chèvre.

“We help our select community of insurtech partners to refine their value propositions, and we offer the strength of our global footprint and trusted reputation in the market.”