Ulrike serves leading insurance companies on topics ranging from large-scale cost transformation to technology modernization.
Ulrike leads Insurance 360°—McKinsey’s global insurance benchmarking capability, and has deep expertise in identifying and capturing productivity improvement potential. [PB1]Ulrike drives McKinsey’s insights on insurance core systems and has deep expertise in the modernization of insurance IT landscapes.
Examples of Ulrike’s recent work include the following:
- leading the development of a strategic cost ambition level for a multiline insurer—enabling them to free up spend for priority investments through identifying areas with efficiency potential and developing targeted measures
- helping a life insurance closed book consolidator set up a tailored operating model and IT platform to grow successfully
Ulrike earned her doctoral degree in economics at the University of Mannheim.
Published Work
“A new age for insurance procurement,” McKinsey & Company, September 2021
“Tech-driven insurers: How to thrive in 2030,” McKinsey & Company, August 2021
“How insurers can reimagine G&A for the next normal,” McKinsey & Company, June 2021
“Will your insurance IT investments pay off?,” blog entry, McKinsey & Company, April 2021
“Scale matters … to an extent: Playing the scale game in insurance,” McKinsey & Company, March 2021
“Running up on runoff: Strategic options for life closed books,” McKinsey & Company, February 2021
“Ecosystems in insurance: The next frontier for enhancing productivity,” blog entry, McKinsey & Company, January 2021
“The next frontier for sustainable growth: Capturing the cost advantage of direct insurance,” McKinsey & Company, July 2020
“IT modernization in insurance: Three paths to transformation,” McKinsey & Company, November 2019
“The productivity imperative in insurance,” McKinsey & Company, August 2019
“Evolving insurance cost structures,” McKinsey & Company, April 2018
“Economies of scale in European life insurance,” Journal of Risk Finance, March 2018
“Zukunftsfähigkeit durch neue Kostenstrukturen – Handlungsoptionen für Lebensversicherungen” [In German], Zeitschrift für Versicherungswesen, March 2017
Education
University of Manheim
PhD, economics
University of Bielefeld
MS, econometrics, international finance, macroeconomics
