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Criticism of Insurtechs from former S-direct manager Cramer: "I am surprised that some 'loss machines' were allowed to be active in the market for so long" - insurance industry-today

Summary by Versicherungswirtschaft-Heute
Jürgen Cramer and his former team at the Sparkassen DirektVersicherung (Sparkassen DirektVersicherung) were one of the "first movers" in the field of telematics. This is why he has a clear view of the performance of the insurtechs and their investors. In conversation with VWtoday he also reveals that there are too many yes-sagers in companies today and that many business problems can be solved with management skills from the 1980s. The article C…
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Versicherungswirtschaft-heute broke the news in on Thursday, April 3, 2025.
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