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Smart Cities & Smart Choices for Insurers

New SMA Blog by Mark Breading, Partner, Strategy Meets Action Boston, MA (Sept. 8, 2017) – It seems as if everything in the world is becoming “smart” – with intelligent devices and artificial intelligence automating activities and providing new capabilities. There are thousands of examples of “things” that contain embedded sensors or chips that generate… Read more »

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Smart Cities Have Huge Implications for Insurers

New SMA Research Report Details Examples, Insurer Implications, and Recommendations Boston, Mass. (Aug. 29, 2017) – The concept of smart cities is gaining momentum, and many cities around the world are developing smart city strategies and implementing specific projects. As the world’s population continues to migrate to cities and those cities become more connected, new risks… Read more »

Who Wins the Risk Game: Humans or Machines?

Digital insurance and InsurTechs are keys to the ‘new’ approaches, which will support customer centricity and improve the insurance product and its distribution. But is this a revolutionary shift, driven by technology, or the next generation of insurance professionals driving improved processes and products? I’d like your thoughts. What’s new? For the last 30 months… Read more »

The Power of Analytics for Insurance

“You Ain’t Seen Nothin’ Yet” Boston, Mass. (Aug. 17, 2017) – Strategy Meets Action has released a new blog, “The Power of Analytics for Insurance: You Ain’t Seen Nothin’ Yet, ” by Mark Breading, Partner, SMA. Few people today would argue about the value of data to an insurer, or the power and potential of analytics…. Read more »

Insurance Transformation: Predictions for 2027

New SMA e-book Highlights Key Insurance Business and Tech Changes and Key Predictions for 2027 Boston, MA (Aug. 4, 2017) – Strategy Meets Action, a leading insurance strategic advisory firm, has just released a new complimentary research e-book in celebration of SMA’s 10th anniversary in 2017. The e-book, Insurance Transformation: Looking 10 Years Back, Looking… Read more »

Connected Vehicles and Insurance: Geo-Spatial Analysis as a Critical Success Factor

Boston, Mass. (Aug. 1, 2017) – Strategy Meets Action (SMA) has released a new blog by Partner Mark Breading: “Connected Vehicles and Insurance: Geo-Spatial Analysis as a Critical Success Factor.” The whole transportation sector is in for massive transformation. The way that people and goods will be moved from point A to point B in the future… Read more »

Big Data, A.I., Geospatial Revolutionize Insurance Analytics

New SMA Data and Analytics Spectrum to Aid in Strategy and Planning Unveiled Boston, MA (July 27, 2017) – Strategy Meets Action (SMA), a leading insurance strategic advisory firm, has just released a new research report, A New Era of Analytics in Insurance: Leveraging the SMA Data and Analytics Spectrum. The report highlights how data… Read more »

Top 10 Lessons Learned: Past Insurance Innovation Pivots

By Deb Smallwood, CEO & President, Strategy Meets Action The World is Changing and Insurers Are Responding Some of the best innovation success stories are built out of the lessons learned from watching the attempts of others as they either falter or flourish. SMA regularly works with insurers and studies their innovation approaches, behaviors, and… Read more »

Robo-Advisors to Humans: We’re Here!

Sci-Fi has relied on robotic advisors since the genre was launched, and for good reason: They improve the lives of humans. This science-fiction is finally being realized, and if you squeeze your eyes tight and look at the horizon, you can see the future forming for insurance. Who is Mr. Robo and What Does He… Read more »

Emerging Tech in Canadian Insurance: Watch This Space

Emerging technologies seem to be taking the world by storm. The Internet of Things, drones, autonomous vehicles, wearables, and a range of other new technologies are in the news and poised to transform various industries as well as our daily lives. Canadian insurers are investigating opportunities and developing strategies for new technologies, with an eye… Read more »