Going Digital

Most insurers use next-gen technologies to do the same things differently. Axa, with Facebook, will be able to do completely different things.

Given the momentum behind the sharing economy, it may be time for insurers to take a closer look at this emerging market, especially for cars.

Google is bringing an outside-in, customer-driven approach that is causing insurers to rethink, reimagine and reinvent their visions of a technology-enabled future. 

Start-ups in the car-sharing economy are attracting major interest among investors and consumers. There is one area where the start-ups have not gained traction—insurance.

Tens of trillions of dollars of personal wealth will be transferred in the next 20-30 years, yet stalwart companies--even whole industry sectors--are unprepared.

The "sharing economy" is exploding, beginning with cars and homes. The question is: Can insurance companies make a reasonable profit off the market?

IT spending is high, and many companies are able to find additional funding in business units to help meet company goals and position for competitive advantage. 

Of major innovations in the 20th century, the time from introduction to follow-on declined from 33 years to 3.4 years. What does innovation look like now, at the speed of WiFi?