thebrokernews Podcast Episode 5: The changing insurance industry – insights from Silvia Signoretti

The insurance industry is undergoing significant change due to rapid technological progress. At the forefront of this change is Silvia Signoretti, a dynamic insurance executive and President of the Swiss InsureTech Hub (SIH). With Italian roots and extensive experience in the global insurance landscape, Silvia embodies the spirit of a passionate community builder dedicated to fostering innovation and collaboration within the industry.

Silvia Signoretti‘s journey began in Italy before she moved to Switzerland 25 years ago. She maintains her Italian heritage while seamlessly integrating into Swiss culture. Her vivacious personality and unique perspective have allowed her to build connections with a variety of professionals around the world. “I use these connections to help others in their business endeavors,” she explains, underscoring her commitment to community building.

The values of teamwork

Silvia owes much of her passion for collaboration to her 16 years in the Girl Scouts, a formative experience that instilled in her the values of teamwork and inclusion. Whether through organizing events or facilitating conversations within the industry, her goal remains the same: to strengthen cohesion between individuals and organizations.

Management philosophy and its role in the insurance industry

Throughout her career, Silvia has embraced the challenge of being a leader and often emphasizes that true leadership goes beyond mere titles. “You lead people not because you are the leader, but because you are their role model,” she says. Her leadership style is characterized by inspiration, motivation and a focus on creating a safe environment for learning and open sharing.

Navigating the complex landscape of the insurance industry, Silvia uses her role at the Swiss InsurTech Hub (SIH) to stay on top of trends and innovations. By facilitating conversations between established insurance companies and emerging technology companies, she aims to bridge the gap between traditional practices and new technologies, including artificial intelligence.

Strengthening women in management positions

Silvia’s commitment to women in leadership positions is another key aspect of her work. In discussions about gender equality in the workplace, she emphasizes a powerful mantra: “Women need to ask for what they want.” This call to action reflects her belief in the importance of women supporting each other in order to succeed. By fostering a spirit of complicity and mutual aid, Silvia encourages women to seek out allies who can help them advance their careers.

The vision behind the Swiss InsureTech Hub

The SIH serves as a catalyst for innovation in the Swiss insurance market and beyond. “We have created a platform that brings together different expertise to tackle the challenges of change in the insurance landscape,” explains Silvia. The hub not only connects technology start-ups with established insurers, but also serves as a facilitator for knowledge sharing and dialog.

Part of the Hub’s mission is to empower its members to showcase their expertise and solutions, which ultimately benefits the entire insurance ecosystem. With over 600 members, Silvia envisions a collaborative environment where participants can actively or passively participate depending on their interest and commitment.

A look into the future

When Silvia reflects on the future of SIH, her ambitions remain ambitious but down to earth. “We want to ensure that the hub continues to operate sustainably as we expand our network,” she explains. The aim is to maintain operational stability and ensure that the hub remains a vibrant space for innovation.

Looking ahead, one of the key strategies is to collaborate with other insurtech hubs and associations around the world. Discussions are already underway about possible joint initiatives, including a global acceleration program to support startups at various stages of development.

Redesigning the landscape

In her quest to revolutionize the insurance industry, Silvia Signoretti stands out as a “beacon of energy and inspiration”. Her commitment to community building, leadership and innovation positions not only herself, but also the Swiss InsureTech Hub as a fundamental player in the future success of the insurance sector. By fostering collaboration, Silvia is helping to reshape the landscape by bringing individuals and organizations together for a common goal: a more innovative and inclusive insurance industry.

Binci Heeb

Read also: The future of the insurance industry: a look at five innovative insurtechs