In the digital era, platform business models beat traditional business models in winner takes all contests. Experts suggest that by 2025 large distinct ecosystems will account for $60 trillion of global revenue or roughly one third of all revenue. Leaders of traditional business models must develop new strategies and operational capabilities or risk disruption by platform businesses that leverage societal change, new technologies and the exponential benefits of the network effect.
The Insurance Platforms Institute is a thought leadership community and industry association that serves business leaders as they drive platform business model and digital ecosystem strategy in the global insurance industry.
This short video introduces the Insurance Platforms Institute. For more information, be sure to checkout the institute’s YouTube channel and website.