How Technology is Changing the Stale Insurance Industry | Laura Drabik | TEDxSantaClaraUniversity
Amazon & Netflix are changing consumer expectations of how they want to interact with “lame” industries like insurance. New business models like a sharing economy (Airbnb and Uber) and social brokers are emerging in insurance. Disruptors in the market called “Insurtech” innovators are capitalizing upon these opportunities. The insurance industry of tomorrow, will be incredibly different from what we see today. Unlike today, it will be a technology savvy, youthful and cool market to work in. Millennials will be a big part of that change. Laura is VP of Business Innovation for Guidewire Software. She keeps her finger on the pulse of insurance industry disruption to coach carriers on how they can innovate their business and achieve a competitive advantage. She brings innovative ideas from the field into Guidewire products; there are now five InsuranceSuite features that represent her development initiatives. Before joining Guidewire 11 years ago, Laura worked as a consultant for Deloitte and Accenture, but started her career in the insurance industry working at State Farm Insurance. She has an MBA from the University of Toronto. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at www.ted.com/tedx
Пікірлер: 20
I am a fourth year actuarial student, I wasn't so sure that this is the career path I wanted to take up until now. I am glad I saw this. Insurance is about service to the community, helping out in times of crises. Thank you.
@sams4utube
Жыл бұрын
i have been 30 years in to insurance, i dedicated my life for Insurance and Insurance+IT and its paying off every year :)
Excellent job, Laura. Thank you for shining a spotlight on this much needed transformation for the insurance industry.
Great talk! There is so much to be done in this giant industry! More people like her should work in insurance :)
Extremely inspiring talk! Thank you for showing how we can be bold and help people in whatever career we choose.
Great talk, insuretech is the future of most insurance markets. She is spot on about what insurance is. Insurance is an industry that is everywhere but no where. Very rarely do you meet people who work in this, yet your generally required to have it. Good talk!
Boy I wish I had an car insurance company that charges base on per miles I drive. Instead of do u commute to work school & etc.
Love the talk. Claims can be fun and emotional after all.
Really inspirational talk. Glad that you shared your experiences. I work for Insurance industry and now have a great vision after watching this video!
great one thank linkdaa~!
So what you have is a way to collect less premiums. What happens when that pool draws more money out than you are taking in?
@adityamukherjee9654
4 жыл бұрын
You invest those premiums in high interest investments. Therefore there is way more money than the face value premiums.
?????????
Money is the best to be insured. Say 50$ insured for $ 5000 in two years if you loose insignificant others get paid.
but no one is hiring me... I need to be helped more.
Insurtech
Poor audio similar to other Ted talks which also have poor audio.
I hate to tell you Laura but it's also the dirtiest filthiest industry in the world today