Consultants Mind

DECEMBER 20, 2017

Here’s a breakdown of the most common terms found on a health insurance policy. Premium is the amount you and/or your employer pay each month towards an insurance policy. This enables the employer to pay February’s insurance bill at the beginning of February and allows the employee to have coverage for the entire month, even if the employee quits on February 1. A deductible is how much you pay before insurance kicks in to cover any remaining expenses.

Insurance 181

Insurance Insurance Policies Examples 181

Tom Spencer

JUNE 22, 2019

In this post, I will go beyond a general interpretation of demand and give you an in-depth overview of a specific and expensive issue: the rising cost of public liability insurance. Ultimately, no one benefits from the high cost of public liability insurance.

Insurance 78

Insurance Insurance System Government 78

Tom Spencer

DECEMBER 1, 2018

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. Insurance Media / Internet big data Cloud insurance

Insurance 78

Insurance Insurance Enterprise Agile 78

Cheryl Cran

JULY 4, 2019

Many industries including insurance are adapting quickly to the many changes impacting the future workplace insurance 2025. AI, automation, robotics, changing worker attitudes are quickly impacting the future of insurance. The post Future Workplace Insurance 2025 appeared first on NextMapping. Blog future of insurance future of work future of work expert future of work trends future ready leaders future ready teams future workplace 2025 lead change

Insurance 28

Insurance Insurance Industry Trends 28

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.

Insurance 78

Insurance Insurance Accenture Agile 78

Tom Spencer

OCTOBER 20, 2018

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.

Insurance 78

Insurance Insurance Efficiency Industry 78

McKinsey

JUNE 19, 2019

A small group of winners captures much of the economic profit in the insurance industry. New research quantifies just how far ahead the leaders are—and what other insurers can do to catch up.

Insurance 99

Insurance Insurance Groups Research 99

McKinsey

MAY 11, 2019

Our 2019 analysis of McKinsey’s Global Insurance Pools database offers a detailed look at global insurance trends, with analysis by region and line of business. Insights on Financial Services

Insurance 84

Insurance Insurance Trends McKinsey 84

The More Clients Blog

APRIL 15, 2019

Here’s the opening of an email to executives in the Insurance Industry interested in increasing sales: We’ve all seen this opera a thousand times: Yes, insurance salespeople have been the victim of vicious stereotypes.

Insurance 97

Insurance Insurance Industry Education 97

MBO Partners

JANUARY 21, 2019

Cyber insurance helps protect your company from costly data breaches not covered by general or professional liability insurance. Learn the benefits of cyber insurance, what it protects, and why you should consider it if your company engages independent contractors

Insurance 49

Insurance Insurance Data Company 49

McKinsey

JUNE 25, 2019

Insurance carriers that capture the opportunities of IoT stand to boost revenues and reduce claims expenses. The Internet of Things connects the world in truly exciting ways. Insights on Financial Services

Insurance 71

Insurance Insurance Financial 71

McKinsey

APRIL 17, 2017

Life insurers have been latecomers to the digital era. That will have to change. Our Insights

Insurance 103

Insurance Insurance 103

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

Insurance 58

Insurance Insurance Industry Operations 58

BCG

DECEMBER 8, 2016

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 “Building a Digital Technology Foundation in Insurance,” BCG article, August 2016.).

Insurance 87

Insurance Insurance Comparison Industry 87

McKinsey

JANUARY 26, 2019

Insurers can develop a competitive advantage by looking to how leading technology and consumer-product companies accelerate product development and improve product innovation. Insights on Financial Services

Insurance 67

Insurance Insurance Development Productivity 67

McKinsey

FEBRUARY 5, 2019

This environment brings opportunities for insurers: to develop new products, open new distribution channels, and extend their role to include prediction, prevention, and assistance. The Internet of Things has entered customers’ everyday lives around the globe and transformed business models across industries. Insights on Financial Services

Insurance 87

Insurance Insurance Industry Development 87

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.

Insurance 64

Insurance Insurance 64

BCG

AUGUST 29, 2016

Insurers today face a host of digital to-dos if they want to stay competitive—much less gain an advantage on their peers. Most insurers need to overcome significant constraints in their current IT landscape. We recently researched the readiness of insurers to go digital.

Insurance 78

Insurance Insurance Benchmarking Construction 78

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.

Insurance 54

Insurance Insurance Deloitte Finance 54

McKinsey

OCTOBER 31, 2018

Our annual life insurance and annuities review finds that the industry is poised for growth but will need to improve its capacity for bold resource allocation and productivity improvement. Insights on Financial Services

Insurance 86

Insurance Insurance Industry Resources 86

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. The half of insurance deals that failed to deliver value had fallen prey to a variety of culprits. Insurers can do better.

Insurance 55

Insurance Insurance Boston Consulting Group Analysis 55

MishTalk

JANUARY 16, 2017

In an interview in the Washington Post , Trump Vows ‘Insurance for Everybody’ in Obamacare Replacement Plan. more…). Economics

Insurance 43

Insurance Insurance Interviews 43

1 to 1

MARCH 18, 2019

As consumers take more control of their healthcare decisions, insurance companies are catching up to other industries in how they interact with members and deliver customer experiences. So what is the state of CX among health insurance firms?

Healthcare 26

Healthcare Insurance Insurance Industry 26

Seth Godin Blog

MAY 8, 2019

There are people in your inner circle who trust you. Family members, close work colleagues, college alumni, dear friends–they will give you the benefit of the doubt. Think twice before turning this circle into prospects by selling them products and services. First, it doesn’t scale. You don’t have enough relatives to cash in on. But far more important, these relationships are precious. These are the people who will help you level up, who see you, who care about your future.

Insurance 29

Insurance Insurance Productivity 29

McKinsey

DECEMBER 19, 2017

Insurance companies have the opportunity to create new sources of revenue by rethinking their traditional roles and adopting an ecosystem mind-set. Our Insights

Insurance 86

Insurance Insurance Company 86

McKinsey

DECEMBER 15, 2018

Highlights from articles this year show the progress that has been made in reinventing the insurance landscape—and suggest more disruption to come. Insights on Financial Services

Insurance 87

Insurance Insurance Financial 87

McKinsey

MARCH 9, 2018

Attackers are transforming the competitive landscape and elevating customer expectations, so insurance companies must integrate digital technologies into their operations to keep pace. Claims should be a top priority. Insights on Financial Services

Insurance 86

Insurance Insurance Operations Company 86

McKinsey

AUGUST 16, 2018

We have adapted the framework they presented to the insurance industry. Last year, our colleagues in the Marketing and Sales Practice published a piece on personalized marketing. Insights on Financial Services

Insurance 75

Insurance Insurance Sales Industry 75

McKinsey

JANUARY 31, 2019

The deep transformation of healthcare company Anthem presented unique challenges. Here’s how the company set up its strategy to meet them. Digital Insights

Healthcare 95

Healthcare Insurance Insurance Meeting 95

McKinsey

JULY 19, 2017

In an era of narrow margins and slow growth, insurers’ need to invest in analytics has never been greater. A few thoughtful initiatives can accelerate the analytics journey. Our Insights

Insurance 72

Insurance Insurance 72

MBO Partners

OCTOBER 30, 2017

Five health insurance options for independent consultants

Insurance 30

Insurance Insurance Consulting 30

McKinsey

APRIL 6, 2018

How incumbents can adapt and save to remain competitive in the digital age. Insights on Financial Services

Insurance 49

Insurance Insurance Financial 49

MBO Partners

MARCH 28, 2018

Learn the benefits of small business insurance and how to decode what the terms in your policy mean

Small Business 39

Small Business Policies Insurance Insurance 39

McKinsey

MARCH 9, 2017

Regulation, product complexity, and insurers’ large balance sheets have kept digital attackers from insurers’ gates. That is changing, but in ways incumbents should embrace. They can flourish in the digital age—if they move swiftly and decisively. Our Insights

Balance Sheet 87

Balance Sheet Insurance Insurance Productivity 87

BCG

APRIL 7, 2016

Insurers know that many small businesses in the US—those with up to 30 workers—will eventually buy insurance directly online. What insurers don’t appreciate is how fast this shift is likely to happen. Article Thursday, April 07, 2016.

Small Business 77

Small Business Insurance Insurance Boston Consulting Group 77

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

Insurance 36

Insurance Insurance Operations Industry 36

McKinsey

JUNE 9, 2017

Machines can now match or outperform humans across a range of activities in a number of industries, including insurance. Advances in robotics, cognition, artificial intelligence, and machine learning are ushering in a new era of automation.

Insurance 95

Insurance Insurance Industry 95