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May 30, 2017 — 3853 views

Guy Fraker, Innovation Consultant and Futurist, Joins ITL as Chief Innovation Officer

ROSEVILLE, CA — May 30, 2017 — Insurance Thought Leadership (ITL), a global network of thought leaders and decision makers transforming the insurance industry, and home to the Innovator’s Edge innovation intelligence platform (https://ITLInnovatorsEdge.com), today announced that Guy Fraker has joined ITL as Chief Innovation Officer.

Guy Fraker

The appointment coincides with ITL’s acquisition of Cre8tFutures LLC, Guy’s widely-recognized blueprint on how to incorporate exponential innovation into a company’s strategy for growth.

Guy has exhibited tremendous creativity and success as an innovation architect, advisor and strategist and will lead the delivery of a new suite of innovation strategy workshops and leadership coaching programs for insurance industry companies.

The expanded services complement ITL’s Innovator’s Edge and will give companies a new resource to form, refine or enhance their innovation strategies. To learn more about innovation strategy workshops, visit: http://info.insurancethoughtleadership.com/strategy-workshops

“We’re delighted and fortunate to have Guy join our team and help expand the solutions we offer companies and executives seeking to gain a better understanding of—and competitive advantage from—the innovations that are transforming insurance,” said Dave Dias, chairman and founder of ITL. “For many insurance organizations, the world has become a chaotic storm of disruption. Guy joined ITL to work with industry incumbents seeking greater clarity related to their strategic vision, increased growth through innovation and certainly increased revenue and improved profitability.”

“I am extremely excited about joining the ITL team. The ecosystem ITL is creating through Innovator’s Edge is an ideal opportunity to apply the Cre8tfutures™ system for growth via innovation,” said Guy. “For years, I have advised firms within the insurance industry on the exponential growth of break-through technologies influencing the risks managed by insurance. The past two years have seen an equally dramatic growth of startups—insuretechs—targeting the core traditional business model of insurance.  Innovator’s Edge is leading the way for existing firms to participate in the opportunities from both disruptive innovations: the risks being managed and the way we manage them. It’s a tremendous opportunity for existing firms that choose innovation as one growth strategy.”

Guy’s career in the insurance industry spans 30 years, of which the last 10 have been dedicated to world class innovation best practices and identifying technologies with the potential for the greatest impact on the insurance, reinsurance, and insurance-related industries. He is also one of the world’s leading authorities on the risks and opportunities associated with autonomous vehicles.

Guy has worked with state and federal regulators, foreign governments, startups and established firms to safely accelerate this societal shift in mobility. As a speaker, Guy has shared his insights with audiences at more than 150 events spanning four continents. As an innovation architect, his insurance and reinsurance clients have generated projected capital growth of more than $350 million on a 5-year ROI basis.

The experiences Guy brings ITL’s corporate and entrepreneur community includes working side by side with premier global innovators such as IDEO, Global Business Network, X-Prize Foundation, Google-X and Singularity University, as well as a wide array of insurance industry companies.

When not pushing technology frontiers, Guy and his wife Rebecca enjoy kayaking and fishing.

Contact Guy at guy@insurancethoughtleadership.com


About Insurance Thought Leadership

Insurance Thought Leadership is a global network of thought leaders and decision makers transforming the insurance and risk management marketplace. ITL’s mission is to help our network to be smarter about the drivers transforming the insurance industry and to inform and connect members in ways that lead to innovation and strategic advantage.

ITL’s technology platform, Innovator’s Edge, is a top destination for the insurance marketplace to gain critical insights and direct business connections with insurance technology entrepreneurs that are innovating across the insurance value chain. ITL also organizes executive events for insurance industry C-suite executives on innovation strategy, as well as innovation strategy workshops and coaching to guide companies on starting, managing and refining a successful innovation program that leads to business growth. ITL publishes thought leadership on insurance innovation and emerging technology, curating the best ideas from the brightest minds on its web site, http://insurancethoughtleadership.com/, and in a weekly email newsletter, Six Things.

For information, contact ITL at info@insurancethoughtleadership.com.

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