Is My Organization Actually Innovative? (Insurance Thought Leadership )

Is My Organization Actually Innovative?

Wednesday, March 22nd, 2023 Insurance Industry

Innovation doesn’t need a pitch deck. Organizations have been talking about the need to be innovative since the end of WWII, where technological innovation was seen as the catalyst for economic growth.

Every executive has been told to be ‘more innovative’ or to foster an ‘innovative environment.’ We understand why, but do we know if our organization is being truly innovative?

Supreme Court Justice Potter Stewart is famous for uttering, ‘I know it when I see it,’ when asked how he would know if something was pornographic. But executives cannot wait until they see innovation. They need tangible signs that innovation is actually happening under their roofs.

The best place to look for innovation is in the quality of decisions being made. Everything an organization does can be broken down into decisions, which are the building blocks of innovation, like Legos.

Claims Pages Staff Writers are dedicated professionals covering a broad spectrum of insurance topics, including auto, catastrophe, education & training, fraud, legislation, liability, life & health, litigation, property, risk management, technology, underwriting, and workers' compensation. With over 25 years of distribution, our publication brings you accurate and timely information to keep you informed and ahead in the claims industry.

External References & Further Reading

Mid-America Catastrophe ServicesMid-America Catastrophe ServicesHancock Claims Consultants LLCNationwide Overspray

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