A clear picture is emerging of future changes ahead for insurance carriers as they move into the unknown. All roads point toward the need for a new way of building and distributing products and services.
The new model of building and distribution resembles rapid, iterative “feedback loops” rather than the traditional waterfall project plan.
This whitepaper looks at how carriers need to respond to market forces in order to prosper into the future.
Topics covered include:
• Waterfall process versus iterative process.
• Why speed will characterise carriers’ survival in this new marketplace.
• Case study – Berkshire Hathaway Specialty.
• Case study – Eastern Alliance.