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Digital ecosystems for insurers: Opportunities through the Internet of Things

McKinsey

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.

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Developing an effective M&A blueprint for insurers

McKinsey

The North American insurance industry needs systematic capabilities to support programmatic deal making. A good place to start is the where, why, and how of an effective M&A blueprint.

Insiders

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How to Lead Through a No-Win Scenario

Let's Grow Leaders

Recently, we had one of our global leadership development participants ask how we would lead through a no-win scenario. Here are just a few examples that we’ve faced in our careers: Decreasing insurance benefits or eliminating positions. Own the UGLY. Collaborate. Win with Values. Choose a Different Time Frame. Take Action.

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Employee Benefits That Matter: How Small Businesses Win Big With Their Teams

Vantage Circle

In this guide, I’ll walk you through the various types of benefits, the associated costs, the relevant laws to consider, and tips for developing a benefits program that supports your employees and helps your business succeed. Consider supplemental insurance for critical illnesses or accidents.

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Insurer of the future: Are Asian insurers keeping up with AI advances?

McKinsey

AI’s potential for competitive advantages remains largely unrealized in the Asian insurance industry. There is a framework for success: invest in AI not discretely but across the value chain.

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Life insurance product innovation: What insurers can learn from leading tech and consumer companies

McKinsey

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

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Risk vs. Benefit

International Coach Academy

As suggested by the learning website, Masterclass, I’ve developed a system for assessing risk. 3 a : the chance of loss or the perils to the subject matter of an insurance contract also : the degree of probability of such loss. b : a person or thing that is a specified hazard to an insurer. Risk – (verb).

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