Posted on October 12, 2015 by AccentureINS
Accenture’s 2014 Global Consumer Pulse Survey, which interviewed more than 23,000 people, including 6,507 life insurance respondents, highlights the importance for carriers of finding new ways to retain their existing customers. The survey found that just 28 p...
Posted on October 12, 2015 by Michael Reilly
In this blog series, I have been examining how insurers will need to modify their underwriting functions and transform into digital underwriters to thrive in the evolving insurance ecosystem. As I note in the Accenture report, Insurance strategy: Evolving int...
Posted on October 9, 2015 by AccentureINS
In our 2015 Global Risk Management Study we found that many insurers are focusing increasingly on operational risk, particularly in areas where new technologies are evolving rapidly, such as digital, big data and social media. Among insurance respondents, 79 p...
Posted on October 8, 2015 by Cindy De Armond
As we discussed in last week’s post, a new Accenture-sponsored study shows that, although companies recognize the importance of the As-a-Service economy, most companies do not consider themselves prepared to buy and receive services on this basis.
This is cert...
Posted on October 8, 2015 by Mark Halverson
There continues to be a great deal of hand-wringing and teeth-gnashing from big business about encroachment from the sharing economy, and it’s likely to continue well into the future as these tech-driven businesses show no sign of slowing down.