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AI Strategy & Consulting · for Insurance

AI Strategy & Consulting for Insurance teams — built for the way you actually work.

For a top-20 EU insurer, our 8-week AI-roadmap engagement identified 12 prioritised use cases, killed 6 others on regulatory grounds, and produced a 24-month execution plan that the board approved unanimously.

EU hosting · Audit trails · Human-in-the-loop · DACH-native

What we see in Insurance today

Insurance carriers and brokerages run on legacy systems — most core policy admin, claims, and underwriting platforms in DACH and the broader EU were architected 15–30 years ago and have grown layers of integrations on top. The result is a sector where data lives in 8–15 systems per business unit, where analytics runs through Excel exports and weekly reports, and where every new product launch waits 6–12 months for IT bandwidth. The decision-makers are typically risk-averse for good regulatory reasons (BaFin, EIOPA, Solvency II) but increasingly under board-level pressure to modernise. The buying pattern: cautious vendor selection, long procurement cycles, but real budget once trust is established and a small win has been shipped.

Regulatory context: GDPR + EU AI Act for AI-driven decisioning, BaFin oversight in DE, EIOPA guidelines on outsourcing and digital operational resilience (DORA from 2025). Any AI tool touching underwriting or claims must be auditable end-to-end — black-box is a non-starter.

Pain points we hear from chief operating officers

  • Claims data scattered across multiple systems — no single source of truth for fraud signals or reserving
  • Underwriting still partially manual — referral queues take 3–7 days for complex risks
  • Customer-service teams answering policy questions by hand because the self-service portal lags by years
  • Compliance reports built in Excel each quarter, reproducing the same joins every time
  • New product launches blocked by core-system change windows, even for small variants

What AI strategy looks like for an insurance carrier

Decision-makers: Chief Operating Officer, Head of Claims, Head of Underwriting, IT Director, Chief Data Officer. Here is what we focus on when ai strategy meets insurance:

  • Start with a use-case map across claims, underwriting, distribution, fraud — most carriers can name 30+ candidate use cases on the first call.
  • Score each use case on regulatory exposure × ROI × technical feasibility — the order changes dramatically once you do this exercise honestly.
  • Pilot the highest-ROI/lowest-regulatory-exposure use case first — typically intake document extraction or fraud signal aggregation.
  • Build the data-readiness picture before promising any AI outcome — most insurance data lakes have integrity issues that need fixing first.
  • Set up a governance forum that includes compliance, claims/underwriting ops, and IT — AI without this fails politically, not technically.
  • Plan for the EU AI Act explicitly — high-risk classifications affect underwriting, claims, and pricing decisions. Mapping each use case is part of the consulting engagement.

Common questions

AI Strategy & Consulting for Insurance: what teams ask first

What does an AI strategy engagement for an insurer actually deliver?

A prioritised, scored use-case backlog with regulatory classifications under the EU AI Act, a data-readiness assessment that surfaces the gating issues (it's usually not the model, it's the data joins), a governance proposal that names the standing forum and its rules, and a 12–24 month phased execution plan with realistic effort and outcome estimates. The output is not a deck of slides — it's a working document the C-suite can use to make capital allocation decisions, and that IT can use to start the first pilot the week after.

How do you typically scope a ai strategy engagement for an insurance carrier?

We start with a 30-minute discovery call to understand your specific situation. If there's a fit, we follow with a 1–2 week scoping engagement that produces a fixed-scope, fixed-timeline proposal. No hourly-billing surprises after the contract is signed.

Do you work remotely or on-site?

Primarily remote — most of our insurance clients are spread across multiple offices anyway. We come on-site for kick-offs and major workshops when it adds clear value (typically 2–4 visits across an engagement). EU-based team, EU working hours.

Ready to talk about ai strategy for your insurance business?

30-minute discovery call. No sales theatre. If we're not the right fit, we'll say so.

EU hosting · Audit trails · Human-in-the-loop · DACH-native