Ecosystems

We increasingly depend on ecosystems, and we need greater interoperability to overcome inefficiencies and redundancies.

Ecosystems will play an important role in the future of insurance. But what factors will determine success?

As technology continues to embed itself within the insurance process, the line between established insurers and insurtech startups will blur.

Insurers must rethink how they attract and retain customers as purchasing habits evolve.

Buyers and sellers all gain by being able to transact leads using a single, trusted currency; it creates valuable consumer experiences.

For insurers, the insurtech bubble is a great thing. Venture capitalists are funding the R&D that insurers have refused to fund themselves.

Auto insurers and auto makers, once basically adversaries, are beginning to cooperate and partner around many emerging opportunities.  

We may evolve to a world of highly connected cities and loosely or marginally connected rural areas. Insurers need to start scenario planning.