En relación a la conferencia internacional que se celebrará en Madrid el 18 de junio, Life Insurance Challenges 2015, entrevistamos a Lukas Junker, Product Innovation Global Life, Zurich Insurance Group, que nos resalta los ejes de su intervención, los retos de los aseguradores de vida ante la situación de bajos tipos de interés y las propuestas que, desde su propia experiencia, están adoptando en dos mercados maduros como son Suiza y Alemania.
Lukas Junker considera que #LifeInsurance2015 de Madrid es una excelente oportunidad para debatir y compartir soluciones a ofrecer a clientes que necesitan asesoramiento, resultados, credibilidad, transparencia y seguridad en la gestión de sus ahorros.
COI. Regarding your participation at the Life Insurance Challenges 2015, could you please give us some ideas about your speech “Innovation in a low interest rate Environment – experience of an International Insurance Group?”
LJ. In my speech, I am going to describe what challenges low interest rates bring for life insurers, and what role product innovation can play in tackling these challenges. In particular, I will cover the example markets Germany and Switzerland, where low interest rates have been in place for a longer time, and we have therefore observed a wave of new life insurance products aimed at a low interest rate environment.
COI. What are the main actions that Zurich has been taken to align new customer trends with product innovation?
LJ. Zurich has been particularly active in alternative guarantee concepts – how can we give to the customer the best of both worlds, combining upside/market exposure with downside protection. In this area, we have introduced a number of innovative products in different countries, such as products with dynamic asset allocation (iCPPI) and hybrids combining traditional guarantees with returns linked to performance of a market index. We see additional opportunities in retirement products, providing solutions with more flexibility than traditional annuity products.
COI. Can you tell us three reasons not to miss Life Insurance Challenges 2015?
LJ. I will attend for the first time in 2015. With the drop in interest rates, these are interesting times for the industry. I am looking forward to stimulating discussions, and to reconnecting with old friends.