What are the challenges facing the finance function, and specifically the insurance finance function? Accenture research uncovered three main challenges. Permanent volatilityToday’s market is characterized by volatility, uncertainty and change....

Last week, I shared the key findings of the Accenture 2011 High Performance Finance Study. This week, I’ll talk about our recommendations for insurers as they position their finance function to deliver greater value to the enterprise. Recommend...

Amid the disruption of the economic downturn, the corporate finance function became stronger. That’s just one of the findings of the Accenture 2011 High Performance Finance Study. We found that finance functions did well overall—and that insurance...

Last week, I introduced the idea of advice-led distribution for life insurance, and explained that insurers need the right customers, and the right offers and experiences, to create competitive differentiation. This week, I’ll discuss the three ot...

More and more, individuals are facing the prospect of funding their own retirement. In both developed and emerging insurance markets, the ranks of the under-insured are growing. Meanwhile, shrinking profitability, increasing customer expectations ...

How can insurance companies use analytics to achieve growth and profitability? In this chart of the week, I’ll discuss how integrating analytics into insurance distribution can enable high performance. Top 10 reasons insurers should integrate anal...

Last week, I discussed Accenture research on the changing face of risk management. This week, I’ll highlight some of the findings in more detail. The changing role of the Chief Risk Officer (CRO)As the role of the CRO increases, so does the imp...

The Accenture 2011 Global Risk Management Study revealed that across the board, businesses are seeing risk management through a new lens. Specifically, 98 percent of survey respondents said that risk management is a higher priority now than it was...

Over the past few weeks, I’ve been discussing how customer centricity can help insurers create a competitive advantage. If you’ve missed my previous posts, you may want to read them first: Part One: Consumers in a state of flux. Part Two: The...

I’ve been sharing the results of Accenture research that focused on insurance consumer behavior. If you’re just joining us, you may want to catch up on previous posts: Part One: Consumers in a state of flux. Part Two: The mobile channel in ins...