Prosperity postponed

Some stability returned to the OFSE sector in Q1 2017, with strong US onshore performance offsetting moderate decline elsewhere. However, prosperity has not yet arrived as oil prices went sideways. Source: mckinsey View the original...

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A generational change is upon us

Stefan Heck, CEO of Nauto, a US-based autonomous driving start-up, describes what he calls the “gut-wrenching” transitions all traditional insurance companies face, and the future of usage-based auto insurance. Source: mckinsey View the...

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Playing to connectedness

Steven Mendel, the co-founder and CEO of UK-based insurance distribution company Bought by Many talks about understanding customers’ requirements via scrutiny of social media, and mobile-enabling their every transaction. Source: mckinsey View...

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Quick wins for going digital

The CEO of PolicyGenius, shares her views on the digital opportunities for life insurers and explains why TurboTax, a 30-year-old piece of software used by Americans to file tax returns, could provide a template for buying insurance. Source:...

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Think omnichannel, not multichannel

Eric Gewirtzman, CEO of US-based P&C digital distribution platform provider BOLT, shares his views on the importance of awareness between channels, the future of agents and brokers, and the upside of failure. Source: mckinsey View the...

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The value of robotic process automation

Leslie Willcocks, professor of technology, work, and globalization at the London School of Economics’ Department of Management, talks about robotic process automation—its impact on work, the strategic and financial benefits, and how to capture them. ...

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Building a new energy security architecture

The Honourable Prime Minister of India, while sharing his expectations from the hydrocarbon sector and the government’s endeavour to achieve energy security, laid out his vision for India’s energy future in the form of four pillars—access, efficiency, sustainability...

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Andrew Rose: Consumer conditioning

The president and CEO of US-based auto insurance website Compare.com talks about consumer expectations, the coming of virtual agents, and the changing definition of insurance. Source: mckinsey View the original article:Andrew Rose: Consumer...

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Tom King: Building for the long term

Tom King is a senior director at US-based software developer Pegasystems. He talks about the pitfalls of legacy systems in bringing about an omnichannel experience, and insurers’ need for flexible platforms that will enable them to respond to market and strategy...

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