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Despite all of the articles and books on the topic, companies today are no more effective at delivering on large-scale change initiatives than they were 20 years ago. In a recent survey, 70% of the companies said their change management initiatives did not deliver the expected results. That success rate was unchanged from similar surveys conducted in the 1980's and 1990's. And the environment for change is only getting more complex. Read more ....... |
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| Technology and the Changing Face of Insurance |
| Written by Colin Whickman | |
| Tuesday, 09 October 2007 | |
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Someone recently sent me the attached link click here and I thought this was interesting as it shows how technology can impact insurance and our lives in general. The particular article is about a service offered whereby teenaged drivers' behaviour can be monitored and their parents notified when they exceed agreed speed limits etc. The next step would seem to be to start charging based on this behaviour (a form of pay as you drive insurance perhaps) or to use predictive analytics to tell when behaviour is potentially risky.
Start adding in the kind of sophisticated rule-based monitoring used in some remote healthcare solutions and you get insurance driven by your actual behaviour with parents (and maybe the state?) getting exactly the monitoring and notification they want. Now, we are talking the US here, (why is it that all the interesting/wacky ideas come from the US), but given that the UK population seem to be quite happy with the fact that they are the most watched people on the planet and that people seem happy to sacrifice their civil liberties for either security or a few quid, I am sure the idea has got legs.
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| Last Updated ( Tuesday, 06 November 2007 ) |
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