Business Transformation Requires Transformational Leaders
Leadership and teaming skills are front and center in times of rapid change. Meet today’s constant disruption head on with expert guidance in leadership, business strategy, transformation, and innovation. Whether the disruption du jour is a digitally-driven upending of traditional business models, the pandemic-driven end to business as usual, or the change-driven challenge of staffing that meets your transformation plans—you’ll be prepared with cutting edge techniques and expert knowledge that enable strategic leadership.
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The insurance arena is undergoing an evolution through technological developments, demand changes for coverage, and risk perception. A dire need for change is evident when we look at large disasters that have the potential to cause harm to diverse communities over sizeable geographical areas
In this article, we reflect on the experiences gained in the digital transformation of a traditional insurance company in Germany.
Connected insurance, enabled by big data, the Internet of Things (IoT), and artificial intelligence (AI), is disrupting a major industry that is traditionally resistant to change. Insurance technology — or insurtech — is a vast field and incorporates the interconnected landscape of connected insurance with its three pillars: health, car, and home. Microinsurance comes as a transversal opportunity that can help close the protection gap on the one hand and allow carriers to propose customer-centric products and services aligned with client expectations and behavior on the other hand.
Learn where the innovation gaps lie between members and groups in your organization. And discover how to close those gaps.
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Riding the Insurtech Wave
Small and medium-sized insurance companies need to engage with insurtechs to fully take advantage of the insurtech wave and leverage it successfully. In this article, we highlight avenues for sourcing, curating, and building long-term relationships with the insurtech firms that are most suitable for the incumbent organization’s strategic requirements.
This issue of Cutter Business Technology Journal (CBTJ) takes a wide look at insurtech. It looks at trends and opportunities and offers a suite of solutions — from several perspectives — about how to leverage emerging technologies in insurance models and processes.
There are several key challenges that prevent companies from pursuing innovation effectively by using emerging and disruptive technology trends. In this Advisor, we explore these challenges and offer some key strategic questions for innovation planning.
As we discuss in this Executive Update, the risks in the infrastructure as a service (IaaS) market must be mitigated to avoid market failure and deliver a stable cloud computing market.