Useful charting of the forces disrupting the insurance industry.
I only hope all the different parts of insurance companies start talking together so that hey consider and anticipate these disruptive forces.
Loss Adjusters with Fraud; Product Marketing with Business Analysts; Actuaries with IT.
Some are but many don't. Those that do will stay ahead of the game and take advantage of the new platforms that spawn relationships like that between CSC and 360Globalnet
he combination of the sharing and platform economy trends is dissolving traditional boundaries and the long-held competitive advantages of incumbents. Just as start-ups can now access technology as a service, they can also access resources (sourcing and crowdsourcing), designing, manufacturing and more as a service, giving any company access to the resources needed to compete. As a result, companies must compete on more than brand, product, price or distribution. They must compete on innovative approaches.