Product design case study:
How reinsurance adds value throughout the development cycle
Seven businesspeople working together in a team meeting to discuss their product development cycle
© BraunS / Adobe Stock
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    Understanding your needs and developing holistic solutions that are bespoke to you is one of the things that we do best at Munich Re. It starts with our eagerness to help you take on the biggest, most complex challenges. From there, we listen to your requirements and then bring together a team of multi-disciplined experts who brainstorm solutions with you. But it doesn't stop there—we relentlessly pursue excellence at every turn. We implement our solutions with care, making sure your goals and ambitions remain at the forefront of our efforts as we implement and scale solutions that help you grow.

    Recently, we collaborated with a carrier to bring a new Permanent product to the market by connecting them with a distribution partner and supporting their needs across the entire insurance value chain

    Solution overview

    We brought together the best of Munich Re to deliver on the carrier’s needs.

    • Our industry-leading innovations team worked with the carrier to identify and evaluate a health and wellness partner that delivered value to their policyholders while adhering to their rider budget.
    • Our traditional and financial reinsurance teams designed a customized solution to mitigate mortality volatility and offer financing support.
    • Our partnerships team connected the carrier with a digital insurance distributor to expand their reach and create a fast, transparent, and easy application process.
    • Our global markets team delivered a turnkey hedging solution that protects the client against future index volatility.

    Product development support: Interactive graphic

    Click on our interactive graphic to learn how our experts collaborated with each other and the carrier to provide support across the product development lifecycle.
    Photo of Tracy Yantosh the Snd VP & Business Development Actuary for Munich Re Life US who supports our Product Development efforts
    © Munich Re
    This effort to provide our client with a comprehensive solution was a true partnership that highlighted the depth and breadth of Munich’s talent, creativity, and knowledge. We tailored a solution that considered customer engagement, risk tolerance, profitability goals, and resource constraints—it was important to us to deliver an end-to-end solution that met the carrier’s complete needs. This is just one example of the expertise we can offer across the insurance value chain and the product life cycle.
    Tracy Yantosh
    Munich Re Life US
    2nd VP & Business Development Actuary
    Contact the author
    Tracy Yantosh
    Tracy Yantosh
    2nd VP & Actuary, IL Business Development
    Munich Re Life US