Digital Mission

Contextual and Value-Centric Insurance

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Frictionless Insurance Open and Collaborative Enterprise

Crowdsourcing and Ecosystem-Led Innovation Management

Current Situation

One of the foundational ecosystem-enabled sharing areas, beyond Data & Insights and Operations, revolves around sharing applications.

Goals and Objectives

Create a cloud-based development and testing environment that enables a centralized innovation platform. Implement specific KPIs to measure the return ecosystem participants generate out of this shared innovation practice such as the amount of R&D shared investment flows, revenue share of innovation out of the total turnover, innovation rate as the number of innovative products out of the total portfolio, and the time to customer demand.

Technology Deployed

Cloud (PaaS, IaaS)
Agile
Application and automated testing tools
Integration with risk, governance, and security systems

Use Case Summary

The major use case that will take place going forward has to do with the development of platforms for open innovation among ecosystem participants to address new opportunities of disruption.

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