Podcast discusses the strategic challenges insurance companies will face in the insurance marketplace of the future and shares ideas for moving from today's realities to tomorrow’s potential.
Looking beyond this decade, the insurance industry’s current mode of operations will likely reach a point of diminishing returns. The aggregate capabilities of existing and emergent technologies almost guarantee that the next several years will mark a fundamental change in the industry. The question is how can insurance carriers profit from these changes?
"Insurance 2020 - Innovating beyond old models" discusses the strategic challenges insurance companies will face in the insurance marketplace of the future and shares ideas for moving from today’s realities to tomorrow’s potential.
In this interview, Mike Adler, Industry Leader for IBM’s Global Business Services Insurance Practice and Jamie Bisker, Global Insurance Industry Leader for IBM’s thought leadership group, the Institute for Business Value discuss the year long study conducted with dozens of global and U.S. insurance industry executives. Mike and Jamie discuss survey respondents and data analysis that revealed four mega-trends that underscore the need for innovation and will pave the way to consistent value creation for stakeholders by the year 2020.
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