Decision Dysfunction in Corporate America By Mike Manes If your customers voted tomorrow, who in your organization would be retained? Who would be fired as examples of dysfunction?
How to Avoid Commoditization By Jon Picoult To prevent commoditization, evaluate all contacts by customers and see how many you can preempt. You'll be able to compete on value, not price.
Dinner With Warren Buffett (Part 2) By Tony Canas Buffett: "The urge to keep writing business is intensified because the consequences of foolishly priced policies" may be hidden for years.
Insurance Needs a New Vocabulary By Paul Carroll Sure, everyone is talking about improving the customer experience, but look at the words we use.
Insurance Needs a New Vocabulary By Paul Carroll Everyone wants to improve the customer experience, but look at the vocabulary we use. Many words are opaque, and some are even offensive.
#InsuranceMarketing: How to Use Hashtags By Shefi Ben Hutta Insurers have caught on to the hashtag trend to bolster their brands, share topics and feed aspirations -- but some are better than others.
Dinner With Warren Buffett (Part 1) By Tony Canas Buffett's timeless advice, over 38 years of writing to shareholders, includes: Uncertainty is okay as long as the price is right.
MyPath: Engage the Next Generation By Alexander Vandevere An industrywide coalition, MyPath, has formed to engage Millennials and get them excited about careers in insurance.
Changing Expectations on Mobile Payments By Julie Schieni 41% of millennials with insurance purchased it with their mobile device, and other generations are moving in that direction, too.
Are We Losing Our Negotiating Power? By Taylor Smith John Burge The plaintiff bar has investigated a staggering amount of money to improve its data on claims settlements. Insurance industry lawyers are way behind..
Continuous Improvement Comes to Insurance By Tom Bobrowski Process intelligence tools let operations leaders “see” digital products being built, enabling use of statistical process control techniques.
The Experience/Efficiency Paradox By Rory Yates Insurers must move from the manufacturing era (efficiency through administrative scale) to the ecosystem era (maximizing the value of a relationship).