Master in Insurance Innovation: applications are now open for the fourth edition
Young graduates with a keen interest in innovation combined with the world of insurance can apply now for the fourth edition of the Master in Insurance Innovation which will start in October.
The Master in Insurance Innovation is promoted by Intesa Sanpaolo Group and Reale Mutua, with the support of the Compagnia di San Paolo Foundation, designed and implemented by the School of Management and Economics of the University of Turin and the Master's and Permanent Training School of the Politecnico di Turin, in partnership with the Collegio Carlo Alberto.
You can apply until next June 30, 2023, to do so click here
The impact of digitalization on the insurance market
The main trends and leading experts in the sector project the massive arrival of Artificial Intelligence and Machine Learning onto the insurance landscape, especially in the development of sectors dealing with predictive analysis and risk mitigation strategies.
Many reports and forecasts accredit technology as an asset capable of innovating the insurance sector by introducing increasingly sophisticated and personalized systems and methods of interaction with customers.
The different peculiarities of the market lead digitalization which creates a double impact: it reduces costs and requires new regulatory attention.
The different emergencies are also rapidly changing the needs and demands of customers, triggering the research for new business models and the formation of new customer segments. In order to manage all these variables, new professionals are required, new figures prepared and ready to actively contribute to the definition of new business models, new processes and new products.
For bringing innovation and continuing to innovate, are necessary systemic visions and people capable of interpreting them. To remain competitive on the market, comparisons and partnerships are needed within the sector and among operators with the academic world.
Training the professional figures of the insurance companies of the future
The Master in Insurance Innovation was conceived and designed with the aim of training professionals who operate in the insurance market with systemic skills and visions suitable for managing the important structural changes described above.
The Faculty, the structure and the didactic approach adopted will be able to train talented young professionals ready to stay abreast of ongoing changes using languages, tools and technology in close correlation with the business and the rules that govern it.
The interdisciplinary path is based on a pedagogical model strongly oriented to the active and experiential participation of the students, to encourage comparison and interaction between the participants. In addition to the core themes developed by the academic teachers, computer labs and innovation labs are envisaged where participants will be able to meet professionals from partner companies to analyze case studies and best practices in the round, thus activating a profitable and mutual exchange of knowledge and of points of view that enrich the final educational background.
The Master is a full-time training experience lasting 12 months, its didactic structure is organized in four phases:
- induction - courses designed to homogenize the knowledge of enrolled students as much as possible
- core - fundamental lessons from the insurance industry, with a cut on ESG guidelines
- innovation – modules that explore the fields of big data, analytics, artificial intelligence, cyber security and emerging technologies
- active - a practical experience that consolidates the lessons learned, to be carried out through an internship or the realization of a project work, accompanied by a company tutor.
At the end of the master, young professionals will have the skills to face a scenario in which customers are looking for innovative information and services designed around them. Furthermore, by combining high-speed technologies, young professionals will be able to contribute in the various organizational structures of a company to increase the level of offer and service including the launch of innovative startups in the insurtech field.
The Master lasts 12 months, lessons will be held from Thursday to Saturday. The joint degree is expected to be issued by the University and the Polytechnic of Turin. It will be possible to attend individual module.
There are 25 places available and scholarships assigned on the basis of the usual criteria (income, merit and off-site).
Applications for the fourth edition are open, the call closes on 30/06/2023.
The initiative is an adequate response to the training-employment needs of the insurance sector and in particular fully responds to the common goal of all the partners involved: to accompany the youngest in becoming aware of the drivers of the profession, such as the culture of protection, the research for '' innovation, digitalization, multi-channel and above all the centrality of the customer.
Last updated 1 June 2023
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