• Alex Bond

White Paper: Can Covid 19 Drive Innovation?

Updated: Oct 9, 2020

I started writing an article with the focus on Insurance business strategy post Covid-19. What became clear to me is that there is just one business strategy: Innovate

Innovation and disruption are rather overused phrases in the business

Covid 19, Does Disruption Lead to Opport
• 3.46MB

world of late but there can be no doubt that the global Coronavirus pandemic has led to the largest full-scale disruption in living memory. Overnight businesses have had to change their working operations and practices. This impacts not just productivity but culture. Old arguments against working from home are gone. It is no longer a question of "if" it can work it is a case of it "has" to work. During the course of my research, I spoke to a number of senior strategy figures across a range of different businesses within the Insurance, Reinsurance and Instech space. All of them came back to the same themes

  1. Change was overdue

  2. Innovation must be part of business as usual

  3. Lack of innovation by incumbent businesses created a risk

The article is attached below it looks at what has changed for the whole economy, Insurance industry and what companies can do from a strategic point of view to move forward.

#Instech #Innovation #insurance #reinsurance #change #embracechange #covid19 #coronavrius

Covid 19, Does Disruption Lead to Opport
• 3.46MB

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