My friend, Celent's Jamie Bisker suggests that incremental process improvement in insurance is reaching the land of diminishing returns. He sees the future as lying in individualization, and grouping for risk management rather than sales or functional reasons.
I'm not sure that process improvement will ever end. We go through phases of development where we think we've almost reached the high point of what is humanly (or technologically) possible. These periods always turn out to be short – terminated by new challenges, new opportunities and new ways of seeing the world. He writes an engaging piece. take a look.
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