Associated equity: JDC Group
JDC Group is a leading German insurance platform, providing advice and financial services to professional intermediaries and banks and directly to end-customers. JDC provides its digital platform for end-clients and for the administration and processing of insurance products as a white-label product.
JDC Group — 3 videos in collection
In this interview, Sebastian Grabmaier, CEO of JDC Group, explains the effects of AI on the insurance market in general and its impact on the Insurtech platform company in particular. We discuss how he sees AI as the largest game changer since the internet but also how its effects may not be as immediate as feared by the market. He explains that with the access to data, infrastructure and customers, the large JDC platform is well positioned to benefit from AI. The CEO also highlights that JDC has already developed its own AI tools to make its internal processes more efficient, for instance in data gathering and comparison tools. With the recently acquired lead generator FMK, which also uses AI in its outreach (eg through Google), already realising large new contract numbers (c 40k contracts every month), Grabmaier notes that the conversion of AI leads is much higher than through conventional methods.