The Innovation Wave with 4D's

We could add “Not all Dutch insurers withstand the EIOPA Insurance Stresstest 2014” regarding the SCR (Solvency Capital Requirement) to the list of issues the Dutch IC’s have to deal with, but we don’t. On top the Dutch Insurance Association has expressed doubts regarding the outcome; so we’ll see.

Today we look at the opportunities: “The 4 D’s of Insurance” as published in a whitepaper by Target Group last Friday.

Those 4 D’s came out as the result of a UK survey among insurance professionals in different areas, about their hopes, plans and fears for the industry in the future. So what needs to be done to meet customer demands and keep new entrants at a distance? It’s mainly about a solid response to the following 4 D’s:


the growing need for dynamic products that reflect customers’ requirements.


changing distribution patterns to reflect customer expectations and engagement.


increased use of which must be harnessed to competitive advantages.

These “Three D’s” will form a large part of the industry’s response to a “fourth D” that is a consistent theme in the report:


the disruption new technology is bringing to the market

Anyway: It’s good stuff to read again coming from a currently leading market.

About Sunfield Consultancy

“Smart Protection for Safer Living”
With a small international team we built the world's first international online fully licensed insurance company.
With a unique ICT-Platform and Smart Operations.
Successfully rolling-out to 8 countries and selling it to key players.
Now expanding to a holistic concept based on CX, IoT and Telematics.
Called InConnect

As Insurance Engineer I love to work on Safety First.

Company: E.J. Van Zonneveld
Commercial Register (NL-KvK): 73498351
Trade name: Sunfield Consultancy
VAT: NL073769708B01
General Conditions PDF (Dutch Law)
Director: Ewout van Zonneveld
Email: ewout@sunfieldconsultancy.com