The evolution of insurance.
Not the disruption of it.
Advisory Services • Consulting • Innovation Facilitation • Thought Leadership
insurance isn't stuck
We all think about the headwinds facing us in the industry that keep us from innovating:
- Cost of technology
- Too far behind / too much to do to catch up
- Difficulty securing approval or budget
- Change management
- Length of time before knowing the impact of change
And yet, carriers are evolving. So can you.
We believe in the industry and what it has done for individuals and businesses for more than a century. Our view is that, through smart, flexible innovation and an openness to working differently to meet evolving customer expectations, carriers can define the future of insurance service delivery and succeed in the face of disruptive forces.
guidance from people like you
Industry Veterans Helping Industry Veterans.
Insurance Evolution Partners is made up of people with deep experience in the P&C Insurance industry, having worked across functions, geographies, lines of business and carrier sizes and structures. We have lead functions at the C-Suite level, advised successful carriers on a variety of strategic questions, and also worked with and at some of the new breed of InsurTech providers.
That is to say, Insurance Evolution Partners has experience on both sides of the innovation equation, giving us a unique ability to help carriers navigate changing customer expectations, competitive mandates and evolving tools successfully.
We provide consulting and advisory services to insurers and their partners to ensure we as an industry evolve rather than being disrupted or left behind.
Our Unique TERA™ Approach to Evolution
1. Understand Collaboratively
Work together on understanding the situation and your goals to map what evolution means.
2. Map the Possibilities
Identify options available for your specific specific situation, and determine the optimal approach.
3. Develop the Path Forward
Using what was learned, develop a plan of action with clear benefits, milestones and decision points.
4. Execute on the Plan
Take action, executing on experiments, benefit capture and tracking, and full deployment where and when appropriate.
The Future of Insurance:
From Disruption to Evolution
Lessons from insurers succeeding in a changing industry.
With the headwind carriers face and threats from disruptive new entrants, innovation can seem like an impossible imperative.
Yet many are doing it.
Learn about the dynamics at play, the new approaches to innovating, and real examples across the functional spectrum of Claims, Underwriting, Distribution and Service Delivery so you can find the inspiration to evolve rather than be disrupted.
For more details about the book, visit future-of-insurance.com.
The Future of Insurance: from Disruption to Evolution from Bryan Falchuk and The Insurance Nerds is available now at future-of-insurance.com in paperback, Kindle, Audible, Apple Books, Google Books and Nook.
Don't be disrupted. Evolve.
Founder, Managing Partner
Bryan Falchuk is a best-selling author, speaker and consultant to the Insurance industry on the subject of innovation. He has written for many top publications like Inc. Magazine, The Chicago Tribune, LA Times and more, been a guest on over 200 podcasts and radio shows, and presented multiple TEDx Talks. Bryan spent 20 years in the insurance industry, including time in McKinsey & Company's insurance practice and serving as CCO for a billion-dollar carrier before joining AI-enabled InsurTech pioneer Hi Marley to help drive their growth. With his unique experience in carriers, consulting and InsurTech, he founded IEP to help carriers evolve in a market facing disruption. Bryan holds an MBA from the Tuck School of Business at Dartmouth College and a BA in Economics from Bowdoin College. His latest book, "The Future of Insurance from Disruption to Evolution," shares case studies of 7 carriers who innovated at a time of change and pressure in the industry.
Andy Stevenson has been leading transformations in the general insurance industry for 20+ years; across Lloyd’s of London, general and specialist insurance markets in the UK, Europe and the USA. Andy has created functions credited by their customers as providing the leading customer experience in their industry through building strong teams and implementing the right technology. Andy has worked across a range of organisations; from board level with multi-national insurers to providing guidance to InsurTech start-ups, typically advising on; strategy, operational improvements and technology adoption across the entire insurance supply chain.
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