Munich Re and the technology and service company Bosch set to develop new business ideas in Industry 4.0. Representatives of the two companies signed a cooperation agreement on 22 February 2018 at the Bosch ConnectedWorld conference. The aim of this cooperation is to develop new packages of solutions for connected manufacturing. The two companies are combining their respective strengths: Bosch in hardware, software and services, Munich Re in risk and capital management. This holistic approach will make it possible for manufacturing companies to implement connected projects along the entire value chain while keeping risks at a manageable level and applying innovative financial instruments.

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