Client Stories

Exploring the Impact of Exponential Technologies at Commercial Insurance Company

The senior leadership of a leading global commercial insurance company shared a common interest and concern for the impact of exponential technologies on the future of commercial insurance.

With the rapidly advancing and changing landscape, the leaders felt they needed to take a deep exploration of those technologies, unpack insights, and align on implications and next steps.

Approach
  • Identified the most relevant exponential technologies affecting the industry, and profiled key insights and implications for insurance
  • Mapped the commercial insurance ecosystem and value chain and applied key insights and themes to focused areas within the value chain most impacted by new technologies
  • Profiled the venture landscape (startups, VCs, corporate venturing groups), explored innovation and funding trends and implications, and identified dozens of startups potentially disrupting insurance, formed profiles, defining implications.
  • Hosted an experiential two-day event with top leaders at the company and a broad array of leading experts in technology, academia, corporate leadership, and venture landscape
  • Facilitated ideation sessions with key leaders to unpack implications on the industry and the firm and generate a broad set of ideas and applications of exponential technologies
Results
  • Alignment among senior leadership about the impact of exponential technology on the business today and in the future
  • A broad set of ideas and potential approaches in applying exponential technologies
  • New connections with leaders in a wide variety of disciplines for continued collaboration