Florian Brokamp, Co-Founder and CEO of Thinksurance, is a key figure in the insurtech industry, leading the charge to digitalize and streamline commercial insurance processes. With a strong background in business administration and law, Florian began his career as a top management consultant at McKinsey & Company, where he specialized…
Florian Brokamp: Driving Innovation in Insurtech as Thinksurance Co-Founder and CEO

Florian Brokamp, Co-Founder and CEO of Thinksurance, is a key figure in the insurtech industry, leading the charge to digitalize and streamline commercial insurance processes. With a strong background in business administration and law, Florian began his career as a top management consultant at McKinsey & Company, where he specialized in digitization strategies for major technology companies. This experience laid the foundation for his entrepreneurial journey and his vision for Thinksurance.

Founding Thinksurance: A Vision for Change

In 2015, Florian, along with his co-founder Christopher Leifeld, launched Thinksurance (originally called Gewerbeversicherung24). They recognized the inefficiencies and lack of transparency in the commercial insurance market, which was burdened by manual processes and paper-based transactions. Their goal was to revolutionize the industry by creating a digital platform that would streamline the insurance distribution process for brokers, insurers, and customers alike​ (SiliconReview)​​ (St. Gallen Symposium)​.

Innovative Solutions and Technological Advancements

Thinksurance stands out with its SaaS platform, which leverages real-time data analytics to provide insights for insurers, enabling them to optimize their products and adapt tariffs more effectively. This innovation not only enhances efficiency but also brings transparency to the insurance process, benefiting all parties involved. Florian’s emphasis on technology is evident in their use of big data, artificial intelligence, and natural language processing to continually improve their services​ (SiliconReview)​.

Leadership and Team Building

Florian attributes Thinksurance’s success to the synergy between technological expertise and industry knowledge within his team. By hiring professionals with extensive experience in the insurance sector and combining their insights with cutting-edge tech solutions, Thinksurance has managed to develop a robust and reliable platform. This strategic approach has helped Florian gain the trust of major market participants and partners​ (St. Gallen Symposium)​.

Future Prospects and Expansion Plans

Under Florian’s leadership, Thinksurance has grown rapidly, becoming a leader in the German insurtech market. Looking ahead, the company plans to expand its innovative solutions to international markets, starting with France and eventually other European countries. This expansion is part of Florian’s vision to continuously develop and extend Thinksurance’s value chain, catering to the evolving needs of users globally​ (SiliconReview)​​ (St. Gallen Symposium)​.

Florian Brokamp’s journey with Thinksurance exemplifies how a combination of technological innovation, strategic industry insights, and strong leadership can transform traditional sectors and set new standards for efficiency and transparency. As Thinksurance continues to grow, Florian’s commitment to leveraging technology for the benefit of the insurance industry remains unwavering, promising exciting developments in the years to come.

  1. 6 Top Security and Compliance Trends Shaping the Future (2022 and Beyond)

The digital landscape is constantly evolving, and cybersecurity threats are becoming increasingly sophisticated. This article explores six key security and compliance trends that will significantly impact businesses in 2022 and the years to come.

1. Building Resilience: A Collaborative Effort

The COVID-19 pandemic underscored the critical importance of a comprehensive cybersecurity strategy. Businesses are moving away from the traditional siloed approach to security, recognizing that it’s no longer solely an IT concern. A strong security posture requires a company-wide effort, fostering a culture of cybersecurity awareness across all departments. This includes fostering open communication and collaboration, breaking down data silos, and empowering employees to identify and report suspicious activity.

2. Zero Trust: The New Security Standard

Gone are the days when businesses could assume every device connected to their network is legitimate. The rise of remote work and complex supply chains necessitates a zero-trust approach. This security model operates on three core principles:

  • Continuous Verification: User and device identities are constantly validated to ensure authorized access.
  • Least Privilege: Users are granted only the minimum level of access required to perform their tasks.

Microsegmentation: The network is segmented into smaller zones, limiting the potential damage from a security breach.

3. AI and Automation Take Center Stage

Artificial intelligence (AI) and machine learning (ML) are revolutionizing the cybersecurity landscape. AI can significantly reduce the burden on security teams by automating tasks like threat detection and incident response. ML-powered tools can analyze vast amounts of data to identify patterns and anomalies that might evade traditional security solutions. This allows security professionals to focus on strategic initiatives and respond more effectively to emerging threats.

4. The Looming Threat of IoTs: Can AI Be the Answer?

The proliferation of internet-connected devices (IoT) has created a haven for cybercriminals. The infamous Mirai botnet attack serves as a stark reminder of the potential damage caused by weaponized IoT devices. As the number of connected devices continues to explode, AI-powered security solutions may offer a glimmer of hope. These tools can be used to identify and secure vulnerable devices, potentially mitigating the impact of large-scale botnet attacks.

5. Data Sovereignty: A Global Challenge

Data is an invaluable asset, and businesses are increasingly storing data outside their traditional network perimeters. This trend necessitates a focus on data sovereignty, ensuring businesses have control over their data wherever it resides. Endpoint Detection and Response (EDR) solutions will play a critical role in securing data across distributed environments. Additionally, file-level security solutions that provide granular control over data access are likely to gain traction.

6. The Future of Security: Powered by Cloud, AI, and Data Analytics

The future of cybersecurity lies in leveraging the power of cloud computing, data analytics, and AI/ML. By integrating these technologies, businesses can achieve a more robust and efficient security posture. Cloud-based security solutions offer scalability and flexibility, while data analytics provide valuable insights into potential threats. AI and ML can automate routine tasks, allowing security professionals to focus on strategic initiatives and incident response.

Empowering Your Workforce: Building a Culture of Cybersecurity

While technology plays a vital role in cybersecurity, human behavior is equally important. Here are some ways to empower your workforce and foster a culture of cybersecurity:

  • Security Awareness Training: Regularly educate employees on cybersecurity best practices, including phishing scams, password hygiene, and social engineering tactics.
  • Phishing Simulations: Conduct simulated phishing attacks to test employee awareness and identify areas for improvement.
  • Incentivize Reporting: Encourage employees to report suspicious activity without fear of reprisal. This fosters a culture of open communication and helps identify potential threats early on.
The Evolving Regulatory Landscape

The regulatory landscape is constantly evolving to keep pace with the ever-changing threat environment. Businesses need to stay abreast of new regulations and compliance requirements, such as:

  • General Data Protection Regulation (GDPR): A regulation in EU law on data protection and privacy in the European Union (EU) and the European Economic Area (EEA).
  • California Consumer Privacy Act (CCPA): A California law that gives residents control over their personal information.
  • The Payment Card Industry Data Security Standard (PCI DSS): An information security standard for organizations that handle cardholder information.

By complying with relevant data privacy regulations, businesses can not only protect customer data but also build trust and brand loyalty.


Conclusion: Building a Sustainable Security Strategy

Cybersecurity is an ongoing process, not a one-time fix. Businesses need to develop a comprehensive security strategy that is continuously monitored and updated. Here are some key considerations for building a sustainable security strategy:

  • Conduct Regular Risk Assessments: Regularly assess your security posture to identify vulnerabilities and prioritize mitigation efforts.
  • Invest in Security Tools and Technologies: Implement appropriate security tools and technologies to protect your systems and data.
  • Stay Informed: Keep up-to-date on the latest security threats and trends.
  • Incident Response Planning: Develop a plan to respond to security incidents effectively and minimize damage.

By following these best practices, businesses can build a robust security posture and safeguard their valuable data assets in the face of ever-evolving threats.