The insurance industry has a lot to gain through innovation, and C-suite leaders ranked it as one of their top two priorities in a 2020 survey. But delivering sustainable growth through innovation doesn’t come easily. Maintaining a balanced innovation portfolio involves distinct pathways for product development—derisking, accelerating, and derisking and accelerating—each resulting in different potential rates of return.
To read the article, see “Five steps to improve innovation in the insurance industry,” March 4, 2022.