Disruption in insurance – The tale of the naked emperor

Friday 04.05.2018 // Asia Insurance Review // Dr. Kai-Uwe Schanz

Dr Kai-Uwe Schanz of Dr. Schanz, Alms & Company cautions against the disruption debate raging across the global insurance landscape taking on a life of its own. Time to pause, recap a few facts and question a few things.

This article is slightly contrarian as it pours some cold water on the disruption hype that appears to have taken hold of the global insurance community.

As in Hans Christian Andersen’s short story ‘The Emperor’s New Clothes’, some executives, professionals and pundits focus on disruption as a notion they desperately want and perhaps need to see. The emperor, however, may not be wearing the clothes that you believe you see. He may be naked.

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