Thomas Buberl: Difference between revisions
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I discovered the insurance sector as the sector that I really enjoyed because of it being in the middle of society and having a massive impact on society.<ref name="Lancaster2024">{{cite AV media | people = Buberl, Thomas | title = An Interview with Thomas Buberl, AXA CEO | url = https://www.youtube.com/watch?v=kjW_bDfBK20 | publisher = Lancaster University Management School | date = January 2024 | access-date = 2025-12-28}}</ref>
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I started from 80% life insurance and I knew I need to get away from it and so we changed the company from 80% life insurance to 10% life insurance keeping the same revenue.<ref name="RussellReynolds2022">{{cite AV media | people = Buberl, Thomas | title = Trust Your Gut: AXA’s Thomas Buberl Talks Transformation and Reinvention | url = https://www.youtube.com/watch?v=fhWkmAa7mrY | publisher = Russell Reynolds Associates | date = May 2022 | access-date = 2025-12-28}}</ref>
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We need to shift our business model from when I started 100% paying claims to... 2030 or beyond... making the claims payment the exception.<ref name="FCLTGlobal2025">{{cite AV media | people = Buberl, Thomas | title = Thomas Buberl on the Evolution of Insurance: From Response to Prevention | url = https://www.youtube.com/watch?v=1FckGWVOcvs | publisher = FCLTGlobal | date = February 2025 | access-date = 2025-12-28}}</ref>
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If we continue to focus on prevention, if prevention becomes a mandatory part of the insurance solution, then climate can be properly priced again and will remain insurable.<ref name="FCLTGlobal2025" />
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Technology will play an important role because prevention... will be very costly and almost impossible [without it].<ref name="FCLTGlobal2025" />
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Our strategic question is and was: Are we becoming a balance sheet provider... or should we become an orchestrator of a community of insured people who we can help live a better life?<ref name="AMBest2019">{{cite web | title = CEO Interview: The Next Chapter | url = https://news.ambest.com/articlecontent.aspx?refnum=286548&altsrc=43 | website = AM Best | date = 2019 | access-date = 2025-12-28}}</ref>
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