CM Roundtable Part 2: Innovation Tip: Don’t Forget to Budget for Moonshots
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While it is often easier for P/C insurance and reinsurance executives to rally around incremental innovations, in order to transform their organizations they need to fund some moonshots. During a recent CM Virtual Roundtable, Jeffrey Bohn, Chief Research and Innovation Officer for Swiss Re institute and Chetan Kandhari, Chief Innovation and Digital Officer for Nationwide, described a portfolio approach to innovation funding.
Mike Fitzgerald, Principal Analyst, Insurance, CB Insights, moderated the discussion.
Guest Editor: David Bradford, Principal, Iosis Consulting