Competitiveness / Tax & Finance
This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.
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Spotlight issue
How does one become an aviation insurance expert? By chance, of course.
Hana Kulhová, Head of the Aviation Department at RENOMIA, laughs today as she tells us how it all got started. From the whole manual that she had to read over the weekend, to her position as one of the top experts in a narrowly specialized field, it was an extremely interesting and not at all easy journey. “You don’t become an expert on anything overnight. If so, I must have done something wrong,” she comments with a sense of perspective as a woman who has gained clients with her experience and ability to understand all their problems and difficulties throughout her impressive career. Her specialization was – and still is – rare in the Czech Republic. All the more so, as the field of aviation is generally the domain of men. And you know what? Hana Kulhová does not care at all.
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Financial ecosystems to change banking, according to the Accenture survey
According to a survey conducted by Accenture, 88% of banks believe that ecosystems will change the bank-customer relationship in the future and that ecosystem-related initiatives will be the main driver of future value creation in the banking industry.
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We are such a concierge in the world of insurance, says the Global Services Director of the largest insurance broker in the Czech Republic
From the Brno branch to the head of the team that takes care of the insurance of multinational clients around the world in less than seven years. Michal Holzer, the Global Services Director at RENOMIA, is a good example of the fact that if you have the talent and can succeed, your possibilities in this company are virtually limitless. Michal is a person who believes in the power of self-reflection, does not like routine procedures if they are no longer functional, is open to new things and is looking to work with people who want to develop further. He is not afraid to say that insurance is a sexy industry that will get you closer to almost every human field.
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In 40% of Czech FIs you can use biometric data, biometric signature most of all
Based on analysing institution’s statement about data protection and sensitive data processing on the Czech market, 40% of FIs are using various biometric data in general. Additionally, 33% of the FIs are specifically processing biometric digital signatures. Out of all Czech FIs that use biometric data, only 7% of them are related to facial biometrics and 13% to voice biometrics. The banking sector has been very conservative, and many traditional institutions are still building on this value. However, the pressure of non-banking institutions and customer requirements force this sector to accept the latest technologies and make the best use of them in their business.
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