Innovation in insurance
We explore the trends that are changing insurance – and how the industry’s business models and thinking need to change for the NextWave.
We live in a transformative age, an age of change. Traditional insurance business models are being challenged by new thinking, new competitors, new ways of working and new challenges.
Insurers are already under pressure to change now. The next wave of macro and micro changes – global, local, industry and market-specific – promises increasingly complex risks and new, currently unpredictable demand for effective ways to provide resilience in these uncertain times.
Insurance leaders need to seize the upside of this disruption and anticipate and adapt to these emerging needs. EY Insurance can help guide clients through the many changes and challenges facing them now, next and beyond. Read on and get in touch to discover how we can help today to ensure insurance is ready for the opportunities of the future.
Our latest thinking
How curating ecosystems enables self-disruption
Nationwide Insurance required a new brand and a new technology platform to access a customer segment that may otherwise have been unobtainable.
Leveraging EY Nexus to enable innovation at speed
EY Nexus allowed Nationwide to rapidly set up and scale an innovative new company, Spire, via a curated ecosystem of partners.
Integrating ecosystems to enable rapid innovation at scale
Integrating ecosystems via curated platforms like EY Nexus could change not just insurance, but every industry.
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