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Many insurance industry companies are struggling with the number and quality of ideas building or operating an effective internal innovation system. Insurance executives of all sizes and stages of innovation say their biggest challenges are questions like these:

  • How to design a process that generates a consistent flow of ideas?
  • How to frame the question when asking for people to provide ideas?
  • How to improve the quality of ideas received?
  • How to manage and prioritize ideas that align with your overall goals?

Attend our free innovation workshop to get a hands-on learning experience that will provide the answers to how to consistently generate actionable ideas and drive accelerated results and clarity in your innovation efforts.

Workshop details:

Date: June 28, 2018
Time: 10:00 a.m. to 2:00 pm Central
Venue: UI Labs, Chicago, IL, USA

 

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Who should attend:

This event is recommended for any insurance company executives responsible for innovation results, from C-Suite leaders to innovation team members. Teams of people from same organization are welcome. We also recommend that attendees view the on-demand webinar before the workshop. Please note:  registration is complimentary for insurance company attendees; all other company types are subject to approval from the organizers.

About the workshop: 

Insurance companies ready to embrace innovation still need a framework to organize and drive innovation efforts and to manage the ideas that power innovation. Whether starting a new program, or looking for a way to get efforts unstuck or back on track, a systematic approach to innovation can pay dividends.

In the first session of this program, May 9 webinar, attendees learned the principles and fundamental elements of a world-class insurance innovation system that has delivered significant ROI to companies that are using it—including some of the largest and most successful insurance innovators in the world. Adoption of this approach will provide the building blocks to innovate and scale new products, services, and even markets for profitable growth.

On June 28, 2018, we will conduct the second part of this program: a live insurance innovation workshop at the UI Labs Innovation Center in Chicago. The live workshop will build on the foundational information provided in the webinar and in an interactive format allow attendees to broadly explore strategic opportunity areas for innovation, and define boundaries that will guide and focus innovation efforts.

This will be a more in-depth review of the critical early steps that are a foundation for an effective innovation program: selecting innovation domains, setting boundaries and discovering and prioritizing strategic opportunity areas. Not taking the time for this advance planning is often what trips up innovation efforts by organizations. 

Learning objectives of the live workshop:

  • Gain the knowledge to confidently answer the question 'Where to Begin?'
  • Identify strategic opportunity areas around which your organization can focus and explore innovation opportunities.
  • Come away with ideas that you can bring back to your organization to guide development of innovative products, services and markets.
  •  Build a foundation for innovation success in your organization.

 

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About the presenters:

Sean Kevelighan, Chief Executive Officer, Insurance Information Institute

sean_kevlighan.jpegSean joined the Insurance Information Institute as Chief Executive Officer in August 2016.  Previously, he was Group Head of Public Affairs for Zurich Insurance Group where he oversaw Government and Industry Affairs as well as Corporate Responsibility.  He joined Zurich in May 2013 as Head of Government and Industry Affairs for North America, with responsibility for driving the public policy agenda in the region. Prior to that, he worked at Citigroup, Inc., as Head of Strategic Communications for its Global Consumer Banking business, and for Zurich, as Head of Group Media Relations in North America. He has served in various public sector posts in Washington, D.C. 

 

Guy Fraker, Chief Innovation Officer, Insurance Thought Leadership

GuyFraker_Headshot.jpgGuy has 30 years in the insurance industry and has been on the leading edge of building innovation systems for the past 10 years spanning primary carriers, reinsurers, and related sectors. As Chief Innovation Officer, Guy leads ITL’s Innovator’s Studio, serving insurance companies, regulators, reinsurance firms, by helping them leverage consistent innovation for long-term leadership, growth, stability. Likewise, he coaches entrepreneurs leveraging ITL’s Innovators Edge to launch new ventures. Guy is also one of the world’s leading authorities on the risks and opportunities associated with autonomous vehicles. Prior to joining ITL, he served as executive director of Cre8tfutures, LLC, a step by step “how to” system of innovation best practices, and also was Chief Learning Officer of AutonomouStuff, LLC, a provider of autonomy-enabling technologies and world-class services.

 

 

 


About the Insurance Information Institute

III_logo_RGB_type_iconol_800pxFor nearly 60 years, the Insurance Information Institute (I.I.I.) has been the leading independent source of objective information, insight, analysis and referral on insurance for a wide range of audiences, including: Consumers, insurance professionals, the media, government and regulatory organizations, educational institutions and students. The I.I.I.’s mission is to improve public understanding of insurance—what it does and how it works. And with this goal in mind, our website, blog and social media channels offer a wealth of research, white papers, videos, articles, infographics and other resources to inform and educate—while the annual Insurance Fact Book is the definitive research resource of its kind.

 

About Innovator's Edge

IE-ITC-LOGO-new.pngInnovator’s Edge is a platform that provides insurance industry companies with innovation intelligence and insights, including innovation coaching and consulting, plus access to extensive research tools and data for identifying insurtechs and early stage tech startups that can accelerate speed to market and ROI of innovation initiatives.  Developed by Insurance Thought Leadership, the Innovator's Edge platform is accessible via annual membership for insurance industry companies.  Learn more about Innovator's Edge.