Media Information, 21 March 2024

ERGO and Munich Re publish their Tech Trend Radar 2024

The report gives policyholders a comprehensive overview of the latest tech trends and developments

futuristic woman with VR goggles

The Tech Trend Radar 2024 is now available. The aim of the report, which is published jointly by ERGO and Munich Re, is to provide policyholders with a comprehensive overview of the latest tech trends impacting the industry. The report takes an in-depth look at the maturity and relevance of numerous tech advancements around topics such as healthy human, connected experience, data & AI, cyber & crypto and redefining industries. The Radar also points out the opportunities and risks involved in these technologies, inspires discussion and identifies new business trends that are opening up to policyholders along the entire value chain. The report is published annually and is available free of charge.

Martin Thormählen, Chief Technology Officer Business Technology Munich Re, comments on the latest Tech Trend Radar, "Many tech trends ranging from generative AI and digital immune system to digital healthcare hold opportunities as well as risks for policyholders. The Tech Trend Radar will help them take advantage of the entire spectrum of possibilities around tech to improve their core competencies and competitive edge in the insurance world of the future."

Daniel Grothues, Chief Technology Officer ERGO Technology & Services Management, adds, "AI is developing faster right now than almost any other technology, and companies can benefit tremendously from its use. However, they first need to make sure that many things are in place, including meeting the highest security, compliance and data privacy standards. They also need to have a data strategy devoted specifically to AI, effective data management and, most importantly, a real use case. Our aim in publishing this year's Tech Trend Radar is to help our policyholders understand tech trends like AI so that the new applications and solutions they create around this technology qualify for insurance coverage."

The latest issue of the Tech Trend Radar takes a look at the five top current trends as well as the markets in India and China. The report features a section highlighting insights from regional experts into the India Stack and Health Stack projects, for example. The aim of the two projects is to lay the foundation for digital infrastructure for more than one billion people in India as well as revolutionise the country's healthcare system. In another section of the report, colleagues from China share their thoughts on insurance services around new mobility, battery storage technologies and advancements in photovoltaics.

The interactive version of the Tech Trend Radar 2024 is now available at www.ergo.com/techtrendradar. You will also find additional information on the Munich Re download section.

If you have any questions, please contact

Sabine Saeidy-Nory

ERGO Group AG
Media Relations

Tel +49 211 477-3012 
sabine.saeidy-nory@ergo.de 
mediarelations@ergo.de

Sabine Saeidy-Nory

Further information

ERGO is one of the major insurance groups in Germany and Europe. The Group is represented in over 20 countries worldwide, with a focus on Europe and Asia. ERGO offers its retail and corporate customers a broad product portfolio in all the main clas-ses of insurance as well as comprehensive assistance and other services. Three units operate under the umbrella of ERGO Group AG: ERGO Deutschland AG, ERGO International AG and ERGO Technology & Services Management AG. The German and international businesses as well as the global management of IT and technology services are organized in these units. About 38,700 people work either as salaried employees or as full-time self-employed sales representatives for the Group. In the 2023 financial year, ERGO generated insurance revenue of 20.1 billion euros and a net result of 721 million euros. ERGO is part of Munich Re, one of the world's leading reinsurers and risk carriers.  
More at www.ergo.com

This media information contains forward-looking statements that are based on current assumptions and forecasts of the management of ERGO Group. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forwardlooking statements or to conform them to future events or developments.

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