Innovate and Collaborate

The insurance industry is well overdue for an infusion of innovation and much closer collaboration between industry players, Andrew Vasko, general manager of Konnect NET Australia explains. This article outlines some the the key statistics associated with the insurance industry such as the average sales cycle for a life insurance product and the number of days for doctors to submit medical claims. These statistics, along with a brief outline of the complexity of the insurance ecosystem makes this brief article an interesting outline of some of the compelling reasons for collaboration.