YouTube videos featuring insurance company chief executives can be revealing. Take the comments of Allianz CEO Oliver Bäte on his recent listening tour published to the group’s YouTube channel Nov. 2, 2017. In this video, Bäte shares his opinions on digitalization, corporate responsibility and perhaps most pertinently, why German insurer Allianz considers itself a technology company:

“We are actually a technology company because we process the data of our customers….We invest based on information gathered, which means our core business is data processing. The technological revolution that is currently happening will have an enormous impact on our entire business model.”...