How One Insurtech Firm Formulated a Strategy for Climate Change
Harvard Business
JUNE 4, 2024
Hippo is poised to disrupt the insurance industry, but can it weather the effects of climate change?
New Technologies in the Insurance Landscape (Part 3 – Cloud)
Tom Spencer
DECEMBER 1, 2018
Without a robust cloud strategy, an organization’s pace and breadth of innovation is likely to be hampered. For this reason, any reticence the insurance industry showed early on has been replaced with a holistic embrace of trusted cloud platforms. Cloud in the Insurance Sector. Final Note.
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New Technologies in the Insurance Landscape (Part 1 – Artificial Intelligence)
Tom Spencer
OCTOBER 6, 2018
Digital disruption is touching every aspect of the consumer market, including the insurance industry. Traditionally, the insurance industry has lagged behind other sectors in the shift into digital technologies, its business model proving to be remarkably resilient. Artificial Intelligence.
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Figuring Out Your Billing Rate as an Independent Consultant
Successful Independent Consulting
OCTOBER 27, 2023
They don’t know to add a hefty margin to cover things like self-employment tax, business expenses, health insurance, and nonbillable time spent on business administration. Reassess your pricing strategy as your experience and confidence increase. To calculate your base rate, used the “2x 3x Estimate.” Quote your rate with confidence!
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The Insurance Industry Needs an Intervention
Strategy+Business
JUNE 17, 2018
Before attempting to execute new strategies, insurance companies need to reevaluate every dimension of their operating model. Here are some recommendations.
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53 Who Will Insure Self-Driving Cars?
Strategy+Business
FEBRUARY 5, 2017
The first sector to be disrupted by connected-car technologies could be auto insurance. The overall safety improvements ushered in by self-driving technology will affect the insurance business long before fully autonomous vehicles reach the mainstream. Only a few of today's auto insurance businesses may survive.
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Liquidity Insurance
MishTalk
JANUARY 23, 2014
Cash Cow Capex Thesis vs. Liquidity Insurance Thesis Nick Nelson has it correct. Much of the cash on hand is nothing but insurance against the same thing happening again. Nonetheless, the cash does provide cheap liquidity insurance against a credit crunch. Cash is just not going to be used for the way Deloitte suggests.
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Creating Value in Insurance M&A
BCG
MAY 2, 2016
This article is based on “Influencing Outcomes in a Consolidating Insurance Industry: Three Keys to Value Creation,” by Pia Tischhauser, published in January 2016 in The Geneva Association’s Insurance and Finance Newsletter. Although not quite at the stage of mania, mergers have been sweeping the global insurance industry.
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IMC CHOOSES AON TO EXCLUSIVELY ADMINSTER PROFESSIONAL LIAIBILITY INSURANCE TO ITS MEMBERS
IMC USA
JANUARY 20, 2011
PROFESSIONAL LIAIBILITY INSURANCE TO ITS MEMBERS. January 15, 2011) – Affinity Insurance Services, Inc. , a subsidiary of Aon , along with the Institute of Management Consultants (IMC), announced today that Aon will be the exclusive administrator of its Professional Liability insurance program to IMC’s members. HATBORO, Penn.
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How To Become a Thought Leader by Trusting Your Ideas with Dan Weedin
Consulting Matters
JANUARY 27, 2022
He has been an expert advisor to insurance and risk professionals. He has the rare ability to translate his success in the insurance industry, public speaking, non-profit world, and athletic coaching into applicable and transferable principles that dramatically improve the effectiveness of those business owners and executives he works with.
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156 The Insurance Industry Needs an Intervention
Strategy+Business
JUNE 17, 2018
Before attempting to execute new strategies, insurance companies need to reevaluate every dimension of their operating model. Here are some recommendations.
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Wealth Management 101: The Hidden World of Private Banking
Tom Spencer
JUNE 30, 2023
The financial services industry comprises firms that operate across a range of sectors: Asset & Wealth Management, Banking & Capital Markets, and Insurance.
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How One Insurance Firm Learned to Create an Innovation Culture
Harvard Business
AUGUST 15, 2017
One company that’s making headway on that goal is CSAA Insurance Group (CSAA IG), one of the insurance companies affiliated with the 55 million-member American Automobile Association (AAA). With almost 4,000 employees, CSAA IG has embarked on a systemic approach to create a pervasive culture of innovation.
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The Current State of Thin-Client Architecture
Kraft Kennedy
MAY 2, 2024
A: “From the technology trends and company acquisitions that have come in my purview in recent years, I’m sharing thoughts about the state of the thin-client architecture strategy. The status of the VMware (Broadcom) Horizon product is unclear and is rarely mentioned in corporate strategy. Connect with our thin-client experts.
Why Life Insurers and Asset Managers Must Join Forces to Win
BCG
DECEMBER 15, 2016
Article Thursday, December 15, 2016 Life insurers are feeling the squeeze. In their efforts to adapt to this upside-down world, life insurers are focusing on optimizing their investment strategies and operations. The industry’s overall business growth has stalled, and investment income has become a critical mainstay.
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How the Insurance Industry Can Push Us to Prepare for Climate Change
Harvard Business
AUGUST 28, 2017
It might seem, then, that private insurance can be of little help in addressing climate change. There’s concern that for-profit insurers won’t want to insure risky properties, and that individuals won’t have the wherewithal to buy insurance plans in the first place. Dating back to at least F.
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Video: The Bizarre Reason Your Health Insurance Plan Was Cancelled
MishTalk
SEPTEMBER 22, 2014
Link if video does not play: Why Your Plan Was Cancelled: Health Insurance and the Affordable Care Act. What reason might insurers have to cancel plans? Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific.' I am automatically skeptical of such videos and articles.
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How PURE Insurance Built a Customer-Obsessed Business
1 to 1
JULY 24, 2014
PURE insurance is using its customer-obsessed business model to stand out in the insurance industry. Customer Engagement Customer Loyalty Customer Service Customer Strategy customerobsessedbusiness forrester pure' Customer Engagement Customer Loyalty Customer Service Customer Strategy customerobsessedbusiness forrester pure'
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Wealth Management: Building and Protecting Fortunes
Tom Spencer
APRIL 14, 2023
Wealth managers assist their clients to do this through a combination of strategies involving financial planning, investment management, and risk management. Wealth managers may also make recommendations about tax-efficient investment strategies and assist with estate planning to help clients pass on their wealth to future generations.
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French Farmers Upset Over Falling Prices, Torch Tax and Insurance Offices, Dump Produce
MishTalk
SEPTEMBER 20, 2014
French vegetable farmers protesting against falling living standards have set fire to tax and insurance offices in town of Morlaix, in Brittany. About 100 farmers first launched an overnight attack on an insurance office outside Morlaix, which they set light to and completely destroyed, officials said.
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356: Jennifer Kluge—Meet The Leader To Build Your Business Into One Of The Best And Brightest
On the Brink Podcast
APRIL 10, 2023
Hear how planning for the future means loving change I worked with Jennifer Kluge several years ago on a Blue Ocean Strategy workshop. Her organization, the National Association for Business Resources , was focused wholly on businesses in Michigan, offering important services from insurance products to support with accounts receivables.
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What Consumers Most Want from Health Insurers' Technology
Strategy+Business
JUNE 28, 2016
Health insurance companies are pursuing disruptive technologies that promise to revolutionize treatment, health management, and doctor-patient interactions.
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Empowering Small Business Growth Through Consulting
Business Consulting Agency
APRIL 8, 2024
They work closely with business owners to assess current operations, identify growth opportunities, and develop actionable strategies to achieve long-term goals. Marketing and Branding Strategies Effective marketing and branding are essential for small businesses to stand out in competitive markets.
Why the Insurance Industry Can’t Risk Overlooking Artificial Intelligence - SPONSOR CONTENT FROM COGNIZANT
Harvard Business
NOVEMBER 22, 2016
The insurance industry has not been immune to AI’s advancement – whether implementing robo-advisors for investment management (Vanguard and Charles Schwab) or applying AI to insurance and loan underwriting (the Chinese search giant Baidu, which provides enhanced risk assessment capabilities). Assess readiness.
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Building a Direct-to-Consumer Strategy Without Alienating Your Distributors
Harvard Business
DECEMBER 14, 2018
Your chosen Porsche is delivered to your house with insurance and maintenance as well as unlimited miles and flips to other models included. We frequently find that executive teams understand the potential of a reinvented distribution strategy; however, they are unclear on how to proceed. market for personal computers.
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How Kenvue De-Risked Its Supply Chain
Harvard Business
OCTOBER 18, 2023
This article shows how Kenvue, a former Johnson & Johnson company invested in “real” insurance policies — capabilities and resources that make a supply chain resilient under conditions of high uncertainty. Specifically the company invested in three strategic capabilities: surge capacity, partnerships, and data and processes.
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Health Insurers Prepare for the Affordable Care Act
1 to 1
JULY 23, 2013
And, as the "2013 Consumer Health Care Market Report" by The Agency Inside Harte-Hanks highlights, many insurers are not yet prepared to handle the projected number of inquiries, either. Customer Experience Customer Service Customer Strategy customerexperience customerservice customerstrategy healthcare' 1to1Media.com/weblog.
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39 Example Companies Involved with Behavioral Economics
Steve Shu Consulting
JULY 1, 2018
Lemonade: Lemonade Renters & Home Insurance | Protect The Stuff You Love. Steve Shu specializes in incubating new initiatives with a primary focus on strategy, technology, and behavioral science. Geisinger: Research Director, Applied Behavioral Insights @ Geisinger. Google: Behavioral Insights at Google.
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Your customer service strategy
Seth Godin Blog
JANUARY 24, 2019
Of course, the strategy doesn’t always have to be expensive. A b2b insurance agency spent two million dollars ripping out voice mail from their agency. The thing about strategies is that you and your team can work to maximize them. It’s cheaper than TV ads. What promise does a local deli owner make?
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Are Health Insurers Ready to Care for New Consumers?
Strategy+Business
OCTOBER 21, 2013
As the Affordable Care Act takes effect, health insurance companies will have to design and implement new healthcare models to keep up with the new consumer population.'
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Are Drone, Workerless Ocean Freight Ships Coming? What About Jobs? Insurance? Inflation?
MishTalk
FEBRUARY 27, 2014
Even so, maritime companies, insurers, engineers, labor unions and regulators doubt unmanned ships could be safe and cost-effective any time soon. Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific.' If shippers can pull it off, the cost saving would be immense.
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Anyone Can Succeed - Celebrating 15 Years of Consulting Success with Dan Weedin
Consulting Matters
OCTOBER 30, 2020
Dan Weedin is an author, speaker, consultant, coach, podcaster and founder of Toro Consulting , a firm that specializes in small business growth, particularly in the insurance/risk business. Dan Weedin: A lot of I would say risk strategy and emerging risk solutions which is one of my new brands. That's what I do. What happened to you?
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List: Global Strategy Firms 2013
Tom Spencer
JULY 22, 2013
List of Global Strategy Firms in 2013. BELOW is a hand-picked list of leading Global Strategy Firms. Maybe not, but seeing as Sydney is at the other end of the earth you would expect a truly global strategy firm to have an office there (if you want to see a list of purely Aussie strategy firms for 2013, click here ).
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Making Unbiased Decisions
Tom Spencer
APRIL 18, 2020
Interviewer: Firm A is in the life insurance industry and looking to create different pricing for individuals within the market based on their profiles and would like your help to do so. Jane: There are three ways to develop a pricing strategy. For example, price discrimination could be based on the customers gender.
Still More France Economic Idiocies: New Rent Price Controls, Mandatory Rental Insurance, "Unfair Competition" Laws
MishTalk
OCTOBER 18, 2013
The proposed law (and most likely going to be approved), will impose 2 things: Mandatory insurance for unpaid rent. Most likely, the mandatory insurance will compound the problem. Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific.' Therefore landlords are extremely selective.
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US Business Guide for Foreign Companies Entering the US Market
Business Consulting Agency
JANUARY 31, 2024
Market Research and Entry Strategy Understanding the Market: Before venturing into the US market, thorough market research is essential. Tailor your entry strategy based on demographics, preferences, and purchasing behaviors. Entry Strategy Selection: Choose an entry strategy that aligns with your business goals.
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52 My Behavioral Science, Design, and Business Book Reading List
Steve Shu Consulting
JULY 4, 2015
Business and Strategy. Blue Ocean Strategy (Kim and Mauborgne). Insurance & Behavioral Economics (Kunreuther, Pauly, and McMorrow). Perhaps you’ll find something of here of interest to you for your weekend read. Designing for Behavior Change (Wendel). Design-Driven Innovation (Verganti). Freakonomics (Dubner and Levitt).
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Illinois Halts Payments to Dentists, Threatens to Stop All Health Insurance Payments
MishTalk
SEPTEMBER 14, 2015
Illinois Threatens to Halt All Health Insurance Payments Unpaid bills in Illinois now stand at $8.5 Rauner threatens to halt health insurance payments to providers for state workers. Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific. billion by December.
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28 2014 List of Strategy Consulting Firms in Sydney
Tom Spencer
MAY 15, 2014
The definitive 2014 List of Strategy Consulting Firms in Sydney. Below is our 2014 list of strategy consulting firms in Sydney. This list will be of interest to you if you live in Sydney (or you would like to live in Sydney), and: you want to become a strategy consultant, or. Pacific Strategy Partners. Source: Flickr ).
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76 How Starbucks’s Culture Brings Its Strategy to Life
Harvard Business
DECEMBER 30, 2016
In most organizations, culture and strategy tend to be discussed in separate conversations. ” What most executive teams typically fail to do is to connect the company’s culture with how the company makes its strategy work. receive stock options and health insurance.
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49 Sonic Automotive Sets Its Sales Strategy on 'FIRE'
1 to 1
NOVEMBER 25, 2014
Thus, the auto retailer partnered with MicroStrategy to address the lack of insight accessibility by deploying FIRE (Financial and Insurance Reporting Engine), Sonic Automotive''s internal mobile application, which enables sales professionals to close deals. There’s more… To read the rest of this blog posting click here or visit www.1to1Media.com/weblog.
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Building a Resilience Advantage in Healthcare
Strategy+Business
DECEMBER 14, 2017
Consolidation in the healthcare industry highlights the ways companies continue to place large bets even amid the continual disruption and uncertainty surrounding the insurance market. insurers getting more involved in pharmacy benefits management. insurers getting more involved in pharmacy benefits management.
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The Value of Money
CaseInterview.com
OCTOBER 2, 2021
If you have a major medical problem where you’ve exceeded the coverage of your medical insurance, or you don’t want to sit on a waitlist for a life-saving procedure, you have the option to get the best care possible, as opposed to that which others have decided is appropriate for you. (Of First Name *. Email Address *.
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