Mobility Giants Gear Up To Enter Insurance Fast Lane

In April 2019, Ford Motors created a new division representing multiple lines, including micro-mobility, non-emergency medical transport and city solutions. General Motors, a 110 year old company, rebranded as General Mobility offering services in real-time vehicle diagnostics, dealer notification and driver scoring to improve performance. Emerging trends in automotive industry allude to a future of […]

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The Ecosystem Rush – Why Its Such A Rage Part 2

The future of several service industries may be headed towards ecosystems. Or so, a McKinsey study would make one believe. As per their research, as many as 12 large ecosystems yielding 30% of global revenues could become a reality in the next 5 years. In Part 1 of this article, examples of ecosystems in insurance […]

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The Ecosystem Rush : Why Its Such A Rage – Part 1

Friction in daily customer transactions has been diminishing. Regardless of whether they are at work, home or on the go, customers connect to digital ecosystems to fulfil needs. Globally, insurance customers tend to have similar preferences for connected services. They need safety, prevention, convenience and rewards for good behavior. Since they are accustomed to receiving […]

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