Image Biggest Business Trends for 2024 It's not too early to begin planning strategic initiatives for 2024, so here is a list of 10 trends that will likely dominate next year.
Image 2 Words We Must Stop Using If we really want to put the customer at the center of everything we do, we have to start by giving up on two words: "adjuster" and "losses."
Insurers' Flawed Understanding of ROI By Geoff Martin The industry’s traditional assessments of “returns” are not suited to the insurance company of the future.
The Experience/Efficiency Paradox By Rory Yates Insurers must move from the manufacturing era (efficiency through administrative scale) to the ecosystem era (maximizing the value of a relationship).
Learning From Failure By Michael de Waal Learning from failure is hard for business leaders, but it is essential for success. So, go forth and fail fabulously!
A Relentless Focus on Customer Care By Troy Stewart While digitalization can create efficiencies and enhance processes, insurers must not get distracted. Customer care always comes first.
How to Address Agencies' Talent Shortage By Jessica Lee Despite representing a skilled, educated, untapped talent pool, neurodiverse candidates are largely underemployed.
Solving the Talent Crisis in Insurance By Meredith Barnes-Cook The good news is that the talent challenges are within the industry’s power to address. It won’t happen overnight, but let’s get started.
The Experience/Efficiency Paradox By Rory Yates Insurers must move from the manufacturing era (efficiency through administrative scale) to the ecosystem era (maximizing the value of a relationship).
Changing Expectations on Mobile Payments By Julie Schieni 41% of millennials with insurance purchased it with their mobile device, and other generations are moving in that direction, too.
Are We Losing Our Negotiating Power? By Taylor Smith John Burge The plaintiff bar has investigated a staggering amount of money to improve its data on claims settlements. Insurance industry lawyers are way behind..
Continuous Improvement Comes to Insurance By Tom Bobrowski Process intelligence tools let operations leaders “see” digital products being built, enabling use of statistical process control techniques.