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Ulrike Vogelgesang

Senior Knowledge Expert, Hamburg
Drives lasting change in the insurance industry through productivity transformation and technology modernization; leads Insurance 360°—McKinsey's global insurance benchmarking capability

About Ulrike

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