Key decisions on the path to innovation

One of the core attributes, both motivating and binding, team ITL is the shared and unquestionable belief that every insurer has the opportunity and capability to succeed during disruptive shifts by leveraging innovation best practices.  The purpose of this blog is to cover six key areas of decision-making senior executive teams face as they launch,Continue reading “Key decisions on the path to innovation”

Attributes of effective innovation teams

The founding members of corporate innovation units often face an identity crisis without understanding what they are experiencing.  The reason for this crisis is quite easy to understand, though, once they take a step back and reflect. New business units generally will rely on traditional corporate governance structures and behaviors to define the rules byContinue reading “Attributes of effective innovation teams”

Innovation Best Practices – Embracing a New Approach

There is a story about a great warrior fitted for battle. Armored head-to-toe, spear and sword in hand. He was feared and dominant in hand-to-hand combat. His opponent, with no armor, carrying a light weapon—with which he was incredibly efficient—approached. The heavily equipped warrior didn’t know what to make of his seemingly ill-equipped opponent. The battle took only seconds: TheContinue reading “Innovation Best Practices – Embracing a New Approach”

Insurance Innovation: Keys to Success

This article is the second installment in a series on how insurers will respond to the biggest challenge that most of us will face in our careers: Now that the gauntlet has been thrown down, and innovation is demanded, will we pick up that gauntlet? Then what? Will insurers cede their role to non-insurance innovators?Continue reading “Insurance Innovation: Keys to Success”