Posted on April 1, 2015 by Thomas Meyer
In our continuing discussion of how Germany’s Top 500 companies are using digitization, this week we look at some practical steps businesses can take to successfully adapt—and thrive—in the new digital landscape.
Few companies have adopted a comprehensive strategy for digitally enabled corporate renewal, even though this approach is the best path to success. Instead, most German companies in the s . . .
Posted on April 1, 2015 by Erik J. Sandquist
Last week, I outlined some key use cases for using drones for insurance. They included enhanced risk assessment, streamlined claims processing and the opportunity to retool the claims workforce. But as with any new technology, insurers must consider the pros and cons of drones.
Some key considerations include:
Regulatory concerns. As with any emerging technology, insurers must stay on top of regu . . .
Posted on March 31, 2015 by Jean-François Gasc
With innovators like Uber leading the way (it’s now offering on-demand flu shots!), more businesses are blending the digital and physical worlds to meet customer demand.
The increasing connectivity between humans and machines, as we discussed last week, is a natural outgrowth of the fact that our world, laced with sensors and overlaid with software, is being transformed by digital.
Trend No. 4: Mo . . .
Posted on March 31, 2015 by Shay Alon
In my previous post I wrote about how digital disruption is bringing the opportunity to develop brand loyalty. To support this development, CIOs are thinking about the structures to support new digital approaches for life insurance and annuity carriers. Systems must be able to provide 100 percent uptime, scale—or “hyperscale”—in response to growing demand and provide high-velocity access to broad . . .
Posted on March 31, 2015 by Brian DeMaster
Contrary to popular perception, the more than 80 million Millennials in the US are keen on building and protecting their wealth, and learning how to better position themselves for the future.
Recent Accenture research shows that 40 percent of Millennials are strongly determined to pass along wealth; 43 percent identify themselves as conservative investors. For insurers to attract and grow from thi . . .