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Arthur D. Little

Arthur D. Little has been at the forefront of innovation since 1886. We are an acknowledged thought leader in linking strategy, innovation and transformation in technology-intensive and converging industries. We enable our clients to build innovation capabilities and transform their organizations. ADL is present in the most important business centers around the world. We are proud to serve most of the Fortune 1000 companies, in addition to other leading firms and public sector organizations. For further information, please visit


Finnovating is a Matching as a service platform that enables X-Techs from all around the word to connect , collaborate and get the funding they need to grow from investors and corporations globally. The Finnovating platform is a space were the key players of the Tech industry can connect together easily and boost global Tech innovations.


Sønr is the world’s most comprehensive source of innovation intelligence. It is a subscription platform used by some of the best known insurance companies globally.

It tracks millions of companies around the world and provides insight on the latest market trends, the startups and scaleups reshaping the industry, and intelligence on how other big insurers are innovating.

Sønr includes a suite of tools designed for teams to better collaborate and connect. From recording meetings to capturing and sharing Notes, to being able to track and share activity across the company using Watchlists and CRM boards.

The platform is backed up by a team of consultants, researchers and analysts who support clients in discovering and creating new business opportunities.

Strategic risk management in insurance – Deloitte Report

Article Synopsis :

‘Strategic risk management in insurance’, by Deloitte suggests carriers face a variety of strategic risks, defined as ‘emerging threats that could undermine assumptions at the core of a company’s value proposition and foundational business model.’

 The Digital Insurer reviews Deloitte’s Report on Strategic risk management in insurance

SRM is about seeing icebergs, at night, in the fog

Specifically, the report sees three key strategic risks emerging in insurance:

  1. Technology and culture shifts
  2. Accelerating medical breakthroughs
  3. New (digital native) competitors/players in insurance distribution

To cope with game-changing technologies and new competition from non-traditional sources, the authors recommend adopting Strategic Risk Management (SRM) as a holistic framework to not only help manage the downside of disruptive risks, but achieve faster growth by capitalising on the resulting opportunities. Carriers establishing SRM programs will hold an advantage over non-SRM competitors, quickly spotting evidence of potentially disruptive developments and adapting products, services, and business models more effectively to changing competitive environments.

The report presents a model framework for implementing SRM, including a deep dive in the following component areas:

  • Establishing an SRM capability
  • Integrating SRM into risk-sensing
  • Preparing a scenario-based action plan
  • Leveraging cognitive tools to enhance decisions

Though 95% of insurers have an Enterprise Risk Management (ERM) program in place, ERM is not designed to address strategic risks potentially disruptive to an insurer’s value proposition or business model. SRM is focused on conditions or events typically difficult to foresee, measure, and minimize.

Link to Full Article:: click here

Digital Insurer's Comments

Most if not all insurers invest in risk management to mobilize the company against tangible, knowable, and measurable risks that arise during the normal course of business. What happens if we hit an iceberg?  SRM is about seeing potential icebergs, at night, in the fog.

SRM can be transformational. Anticipating and interpreting evolving customer needs typically requires new know-how and (digital) skills. It could mean experimentation with new business models and collaboration with new partners. It definitely means innovation and embracing a fail-fast culture – which may pose the most daunting challenge of all, as most carriers are capital-constrained and risk averse.

Link to Source:: click here


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