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Above all, it is the young target group that can hardly be reached without digital offerings - across all industry sectors. This also applies to the insurance market. A study by Germany's leading digital association Bitkom showed that potential policyholders under the age of 30 can articulate fairly concrete ideas about the digital services they expect to receive.

The insurance sector is also feeling the effects of the digital transformation. New communication methods between providers and policyholders or completely new possibilities to conclude contracts are only the obvious developments of digitalisation in the insurance market. The first trends can be already found in the market.

For the new episode the Bitkom podcast visited the Berlin FinTech Elinvar. Elinvar has developed a digital platform for banks and asset managers. Bitkom talked to founder and CEO Chris Bartz about how banks can digitize their business models, how to set up a FinTech and what role a really good coffee machine plays. You can listen to all this and much more here.

The insurance industry is not immune to digitalisation either. But what does digital insurance actually consist of? Bitkom spoke to Dr. Stefan Knoll, founder and chairman of the Deutsche Familienversicherung, about this question. In the first episode of the Bitkom podcast “Strg-Alt-Entf” in 2019, you will hear what insurances will look like in the future, what trends can be expected in the InsurTech sector and why easily understandable insurance products are becoming increasingly important in the course of the digitalisation of the industry.

As a result of the latest financing round, the company valuation of the Berlin-based FinTech N26 rises to around 2.7 billion US dollars. So the online bank has arrived in the circle of Unicorns - startups with a value of more than one billion US dollars. The FinTech N26 also illustrates the increasing cooperation within the financial sector - the Allianz, one of the largest insurance groups, is one of the startup's investors.