Dr Simone Krummaker
Associate Professor of Insurance and Associate Dean of the MSc Programmes
Bayes Business School, Faculty of Actuarial Science and Insurance
Contact
- +44 (0)20 7040 4089
- simone.krummaker@city.ac.uk
Postal address
106 Bunhill Row
London
EC1Y 8TZ
United Kingdom
About
Overview
Simone Krummaker is the Associate Dean for the MSc Programmes and an Associate Professor of Insurance at Bayes Business School. She holds a doctoral degree (Dr. rer. pol.) and a German University degree (Diplom Ökonom) in Business and Economics from the Leibniz University of Hannover and is a Fellow and the Institute for Trade and Innovation at Offenburg University.
Before joining academia, Simone worked for more than 10 years in the insurance industry in several positions such as underwriting and controlling. She is also a certified insurance professional (Versicherungskauffrau, Chamber of Industry and Commerce). Simone joined the Centre for Risk and Insurance at Leibniz University of Hannover as a Lecturer and Researcher in insurance in 2003 and also led several projects and successful grant applications there. In 2012 Simone moved to London to help starting up University of East Anglia’s London campus before joining Westminster Business School as a Senior Lecturer in Finance. In September 2018 Simone joined Bayes’ Faculty of Actuarial Science and Insurance.
Simone’s research interests are particularly in the area of organisational insurance demand, ESG in insurance as well as export credit insurance. She also provides consulting and training in her area of expertise.
Qualifications
- Doctor rer. pol., Leibniz University of Hannover, Germany
- Diplom-Ökonom, Leibniz University of Hannover, Germany
- Versicherungskauffrau (Insurance Professiona), Hannover Chamber of Commerce and Industry (IHK), Germany
- Fellow, Higher Education Academy, United Kingdom
- Senior Fellow, Higher Education Academy / Advance HE
Employment
- Associate Professor of Insurance, Bayes Business School, Nov 2023 – present
- Associate Dean for the MSc Programmes, Bayes Business School, Aug 2021 – present
- Course Director MSc Insurance & Risk Management, Bayes Business School, Sep 2019 – Dec 2021
- Senior Lecturer in Insurance, Bayes Business School, Sep 2018 – Oct 2023
- Fellow, Offenburg University of Applied Sciences, Apr 2018 – present
Expertise
Primary topics
- Insurance
Additional topics
- Non-life Insurance
- Reinsurance
- Risk Management
Research
Research topics
Firm's demand of insurance
Research students
Linus Akanoh
Attendance: 2019 – present
Role: 2nd Supervisor
Publications
Chapters (5)
- Krummaker, S. (2019). Export Credit Insurance Markets and Demand. In Klasen, A. (Ed.), The Handbook of Global Trade Policy (pp. 536–554). John Wiley & Sons. ISBN 978-1-119-16742-6.
- Krummaker, S. and Thomann, C. (2018). Aspekte der Versicherung von Unternehmen. In Schulenburg, J.-.M.G.V.D. (Ed.), Festschrift für Prof. Dr. J.-Matthias Graf von der Schulenburg - Aktuelle versicherungs- und gesundheitsökonomische Beiträge (pp. 95–126). Karlsruhe: Verlag Versicherungswissenschaft. ISBN 978-3-96329-039-8.
- Zuchandke, A., Reddemann, S. and Krummaker, S. (2012). Financing Long-Term Care in Germany. Financing Long-Term Care in Europe (pp. 214–235). Palgrave Macmillan UK. ISBN 978-1-349-32079-0.
- Hippe, K., Krummaker, S. and Schulenburg, J.-.M.G.V.D. (2011). Alternativer Risikotransfer als Ergänzung des Risikomanagements von Unternehmen. In Eckstein, A. and Liebetrau, A. (Eds.), Insurance & innovation:Ideen und Erfolgskonzepte von Experten aus derr Praxis (pp. 27–50). Karlsruhe: Verlag Versicherungswirtschaft. ISBN 978-3-89952-577-9.
- Krummaker, S. (2008). Aspekte strategischen und operativen Controllings. In Greiner, W., Schulenburg, J.-.M.G.V.D. and Vauth, C. (Eds.), Gesundheitsbetriebslehre Management von Gesundheitsunternehmen (pp. 437–450). Bern: Huber. ISBN 978-3-456-84596-8.
Journal articles (8)
- Isakson, A., Krummaker, S., Martínez-Miranda, M.D. and Rickayzen, B. (2021). Calendar Effect and In-Sample Forecasting Applied to Mesothelioma Mortality Data. Mathematics, 9(18), pp. 2260–2260. doi:10.3390/math9182260.
- Bärtl, M. and Krummaker, S. (2020). Prediction of Claims in Export Credit Finance: A Comparison of Four Machine Learning Techniques. Risks, 8(1), pp. 22–22. doi:10.3390/risks8010022.
- Krummaker, S. (2019). Firm's demand for insurance: An explorative approach. Risk Management and Insurance Review, 22(3), pp. 279–301. doi:10.1111/rmir.12128.
- Schwarzbach, C., Krummaker, S. and Graf v. d. Schulenburg, J.-.M. (2012). Chancen und Herausforderungen der Rückversicherung in der gesetzlichen Krankenversicherung. Zeitschrift für die gesamte Versicherungswissenschaft, 101(2), pp. 209–222. doi:10.1007/s12297-012-0188-0.
- Zuchandke, A., Reddemann, S., Krummaker, S. and von der Schulenburg, J.-.M.G. (2010). Impact of the Introduction of the Social Long-Term Care Insurance in Germany on Financial Security Assessment in Case of Long-Term Care Need. The Geneva Papers on Risk and Insurance - Issues and Practice, 35(4), pp. 626–643. doi:10.1057/gpp.2010.26.
- Krummaker, S. and Graf von der Schulenburg, J.-.M. (2008). Die Versicherungsnachfrage von Unternehmen: Eine Empirische Untersuchung der Sachversicherungsnachfrage deutscher Unternehmen. Zeitschrift für die gesamte Versicherungswissenschaft, 97(1), pp. 79–97. doi:10.1007/s12297-008-0004-z.
- Basse, T., Friedrich, M., Krampen, B. and Krummaker, S. (2007). Strategisches Asset-Liability Management in der Versicherungswirtschaft — Ein Ansatz zur integrierten Bilanzstrukturoptimierung. Zeitschrift für die gesamte Versicherungswissenschaft, 96(4), pp. 617–648. doi:10.1007/bf03353552.
- Greiner, W., Krummaker, S., Graf von der Schulenburg, J.-.M. and Bestehorn, K. (2006). Krankheitskostenanalyse eines neu aufgetretenen Diabetes mellitus Typ 2. Diabetologie und Stoffwechsel, 1(4), pp. 237–244. doi:10.1055/s-2006-947205.