Remove Development Remove Insurance Remove Productivity
article thumbnail

Generating Value While Transforming Insurers’ Legacy Technology

BCG

For insurers that are considering a digital transformation of their business, technology is at the heart of the endeavor. Forward-looking insurers first need to alter their approach. See, for example, “Digitizing Customer Journeys and the New Insurance IT Model,” BCG article, August 2016.) Article Thursday, December 08, 2016.

article thumbnail

How Much Does Running a Consulting/Coaching Business Cost? Here's How to Figure it Out

Consulting Matters

Insurance (4:47). All right, moving on to insurance. I’ve listed two types of insurance that I recommend for consulting and coaching clients. And, first of all, business insurance, the general liability, it’s just good for any business. If you have an online product, maybe it’s an e-book.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New Technologies in the Insurance Landscape (Part 2 – Blockchain)

Tom Spencer

Insurance industry observers, for their part, believe that the innovative distributed ledger could introduce a variety of improvements and efficiencies to the insurance landscape, and have the following four applications: Fraud detection. Peer-to-peer insurance. Peer-to-Peer Insurance. Identity management.

article thumbnail

PPP in India: Developing a Resilient Health Infrastructure

Tom Spencer

India, a developing country, has its challenges in delivering excellent public health infrastructure. In order to ensure alignment, a private enterprise that joins a PPP project should not only benefit financially but also provide products that clearly improve public health outcomes. Yet, there is opportunity in every crisis.

article thumbnail

The Transformative Power of AI in Business

Tom Spencer

These systems can suggest relevant products that customers are likely to enjoy. For example, Alibaba, a leading Chinese e-commerce company, could conduct sentiment analysis of customer reviews of individual products and services, and use these insights to modify existing products and develop new ones.

Data 147
article thumbnail

Supplementing Your Pipeline with Consulting Agencies

Successful Independent Consulting

While nurturing your own network is usually the best way to find work ( see tips in my article ), many consultants also supplement their business development efforts by affiliating with agencies and, increasingly, online platforms or marketplaces. Some agencies provide access to group health insurance plans, a plus in the U.S.

article thumbnail

Driverless Cars Will Change Auto Insurance. Here’s How Insurers Can Adapt

Harvard Business

There is little doubt that the widespread adoption of autonomous vehicles will have a huge impact on the automobile insurance industry. Since insuring privately owned vehicles is what the auto insurance industry has been all about, insurers have every reason to be concerned about their future growth and profitability.