Last week, I introduced the idea of how insurers are succeeding at microinsurance in emerging markets. I’d like to take one step back and highlight some of the main differences between traditional insurance products and microinsurance. Types of...

The benefits of cloud computing go beyond cost reduction. This week, I’ll talk about four ways that cloud computing can radically improve the performance of an insurance company. Cloud computing: Cost savings in the cloud There are more than ...

Winter is finally behind us, and spring is a time for new beginnings. Here’s a run-down of recent developments in our insurance practice. Farm Bureau Financial selects Accenture Claim ComponentsEarlier this month, Farm Bureau Financial announce...

Your mission, should you choose to accept it: target a customer segment that earns a few dollars a day, and drive profitability with policies priced at 50 cents. A few years ago, few insurers would have accepted—but today, more than 30 internation...

Cloud computing is more than a catchphrase or disruptive technology—it represents a new model that will impact how IT is procured, delivered and supported. Given its flexibility, cost effectiveness and responsiveness, it’s no wonder that cloud is ...

I’ve been discussing the benefits and features of effective digital ecosystems—and how insurers can use them to reignite growth. You may want to catch up on previous posts: Reigniting growth through relevant digital interactions (Part 1 of 3) ...

Cloud computing is a growing reality for insurers, powered by highly global and scalable infrastructure, plus capable business solutions from proven providers. Today, I’ll talk about ways that insurers can take advantage of the cloud. Cloud com...

Last week, I introduced the idea of reigniting growth in insurance through an effective digital ecosystem; that is, through targeted interactions that seamlessly integrate agency and direct channels.   Accenture research has found that an effect...

While insurance companies pioneered the use of predictive analytics for pricing and risk management, they’ve fallen short when it comes to using those same tools in other places. Notable gaps include: Aggregating customer information. Tailorin...