The Trillion-Dollar Gap
The same user-centered design practices that built companies collectively worth over $10 trillion barely exist in insurance. Most insurers still build products the way they did in 1985: actuaries in a room, regulators in their heads, and customers as an afterthought.
Why I wrote itThe argument I keep having with boards, written down with the numbers attached. Design-led companies outperformed the S&P 500 by more than 210% over a decade. That is not a taste argument, it is a capital allocation argument, and it is why the Product function in this practice starts with the journey rather than the rate.
Read it at Carrier Management →