Digitalization of Controlling in Insurance Companies. Along the Limits of Insurability
Abstract
This article deals with the digitalization of management accounting / controlling in insurance companies, which goes hand in hand with the digital transformation of the insurance industry by Big Data, Artificial Intelligence (AI) and Blockchain. The insurance business requires an industry-specific design of the controlling instruments, but not of the controlling concept itself. Managing insurance as a service in a value- and risk-oriented way requires cost transparency, e.g. through contribution margin calculations. Risks, on the other hand, can only be understood from a balance sheet perspective, e.g. through internal models. These interdisciplinary fields of application of controlling are undergoing digitalization. In addition, there are new market developments such as telematics tariffs, in which the digitalization of controlling is essential in order to address the limits of insurability. The fields of application result in new competence profiles of controllers in distinction to actuaries and data scientists.
Mehr zum Titel
| Titel | Digitalization of Controlling in Insurance Companies. Along the Limits of Insurability |
|---|---|
| Medien | in: Keimer, Imke; Egle, Ulrich (Hg.) (2023): The Digitalization of Management Accounting. Use Cases form Theory and Practice. Wiesbaden: Springer 2023 |
| Verlag | Springer |
| Heft | --- |
| Band | --- |
| ISBN | 978-3-658-4153-5 |
| Verfasser/Herausgeber | Prof. Dr. Mirko Kraft, Bianca Drerup |
| Seiten | 277–293 |
| Veröffentlichungsdatum | 05.07.2023 |
| Projekttitel | Die Zukunft der Versicherung: Digitale Wertschöpfungsketten und ihr Stand und Entwicklungen |
| Zitation | Kraft, Mirko; Drerup, Bianca (2023): Digitalization of Controlling in Insurance Companies. Along the Limits of Insurability. in: Keimer, Imke; Egle, Ulrich (Hg.) (2023): The Digitalization of Management Accounting. Use Cases form Theory and Practice. Wiesbaden: Springer 2023, S. 277–293. DOI: 10.1007/978-3-658-41524-2 |