SlideShare a Scribd company logo
Making insurance
relevant in the
customers context
C O N N E C T E D H O M E
Time to test strategies and explore partnerships
Incubation
Pilot based on single
use case
Exploration
Roll out, pivoting and
prototype
Learning
Strengthening value
proposition
Growth
Strengthening
business model
Maturity
Business model &
customized services
Connected home 2017?
SME
Home
Health
Car
Insurance &
Internet of Things?
Proposition as a part of a persuasive story…easy?!
Challenges
Managing complex
partnerships and collaborating
with third-parties `of different
nature’
Building and launching a
minimum viable product and
capturing direct customer
feedback
Being and remain
convincing market and
customers
Mastering new (type of) skills,
processes and technology
Governance & Organization:
within the company,
separate entity or separate
company
Defining success & value
and willingness to sustain
sponsorship
+ + +
Making insurance relevant in the customers context
Managing third
party partnerships
Mastering
skills
Building minimum
viable product
Getting
organized
Capturing value
Convincing customers
Partnerships, innovation, venturing…
H E D E R A : C O N N E C T E D H O M E A N D I N N O V A T I O N
Launch of social platform
through corporate venturing to
boost entertainment business
line
Launch of digital invoicing
solution in collaboration with
Finnish fintech’s companies
Strategy & operational plan for
launch of regional e-commerce
platform for local merchants &
consumers
Intensive involvement in smart
home innovation strategy,
design, transformation
Defining operating model,
including of operational
processes with other partners
Developing new data-driven
propositions for company and
partners
Inspiration on home solutions
Operationalization of smart home
solutions and partner processes
Experienced in
connected
home…
…partnerships,
innovation &
venturing
Developing standard banking
services for SME integrated with
fintech services and business
apps of users’ choice.
+
Energy company: exploration and
production, refining and marketing
and pursue the entire value chain.
Energy company looking for
solutions that make it possible to
live and work in a smarter way
IoT solutions provider for
smart home Energy company
Telecommunications company International Bank International Insurer
…from setting ambition to business launch and value…
H E D E R A : C R O S S I N D U S T R Y E X P E R I E N C E
Utilities Telecom Technology
Logistics Financials Automotive
Ready to go
Strategy
& Ambtion
Building
Launching &
realizing the
value
Strategy & identifying opportunities
(incl. segmentation & market sizing)
Business design & capability architecture:
Transformation planning & governance
Proposition & pricing, platform & partnering,
preparing business launch & channels,
communication & campaign
Channels & commerce
Devices, software & installation
Product (front & back office process)
Testing (soft launch), (online) campaign, sea/seo
Go to-market, sell, fulfill and serve customer base
Analytics, refinement & optimizing
…with use of curiosity | example
H E D E R A : M I N D S E T A N D A T T I T U D E
Buy IoT devices… …choose a (cloud) platform… …and create user Interaction
How long does it take us to develop a IoT-device working end-to-end?
From idea to running pilot: in 4 weeks
Cars equipped with IOT devices Raspberry
with GPS tracker and accelerometer
User friendly front end dashboard
with driver behaviour
Actionable learnings to make direct
impact and pivot
Curious?
L E T ’ S M E E T
Making insurance
relevant in the
customers context
C O N N E C T E D H O M E

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Connected home: Nieuwsgierig naar verzekeren in klantcontext?

  • 1. Making insurance relevant in the customers context C O N N E C T E D H O M E
  • 2. Time to test strategies and explore partnerships
  • 3. Incubation Pilot based on single use case Exploration Roll out, pivoting and prototype Learning Strengthening value proposition Growth Strengthening business model Maturity Business model & customized services Connected home 2017? SME Home Health Car Insurance & Internet of Things?
  • 4. Proposition as a part of a persuasive story…easy?!
  • 5. Challenges Managing complex partnerships and collaborating with third-parties `of different nature’ Building and launching a minimum viable product and capturing direct customer feedback Being and remain convincing market and customers Mastering new (type of) skills, processes and technology Governance & Organization: within the company, separate entity or separate company Defining success & value and willingness to sustain sponsorship + + +
  • 6. Making insurance relevant in the customers context Managing third party partnerships Mastering skills Building minimum viable product Getting organized Capturing value Convincing customers
  • 7. Partnerships, innovation, venturing… H E D E R A : C O N N E C T E D H O M E A N D I N N O V A T I O N Launch of social platform through corporate venturing to boost entertainment business line Launch of digital invoicing solution in collaboration with Finnish fintech’s companies Strategy & operational plan for launch of regional e-commerce platform for local merchants & consumers Intensive involvement in smart home innovation strategy, design, transformation Defining operating model, including of operational processes with other partners Developing new data-driven propositions for company and partners Inspiration on home solutions Operationalization of smart home solutions and partner processes Experienced in connected home… …partnerships, innovation & venturing Developing standard banking services for SME integrated with fintech services and business apps of users’ choice. + Energy company: exploration and production, refining and marketing and pursue the entire value chain. Energy company looking for solutions that make it possible to live and work in a smarter way IoT solutions provider for smart home Energy company Telecommunications company International Bank International Insurer
  • 8. …from setting ambition to business launch and value… H E D E R A : C R O S S I N D U S T R Y E X P E R I E N C E Utilities Telecom Technology Logistics Financials Automotive Ready to go Strategy & Ambtion Building Launching & realizing the value Strategy & identifying opportunities (incl. segmentation & market sizing) Business design & capability architecture: Transformation planning & governance Proposition & pricing, platform & partnering, preparing business launch & channels, communication & campaign Channels & commerce Devices, software & installation Product (front & back office process) Testing (soft launch), (online) campaign, sea/seo Go to-market, sell, fulfill and serve customer base Analytics, refinement & optimizing
  • 9. …with use of curiosity | example H E D E R A : M I N D S E T A N D A T T I T U D E Buy IoT devices… …choose a (cloud) platform… …and create user Interaction How long does it take us to develop a IoT-device working end-to-end? From idea to running pilot: in 4 weeks Cars equipped with IOT devices Raspberry with GPS tracker and accelerometer User friendly front end dashboard with driver behaviour Actionable learnings to make direct impact and pivot
  • 10. Curious? L E T ’ S M E E T
  • 11. Making insurance relevant in the customers context C O N N E C T E D H O M E