Innovation, development, growth factors
Firms that innovate on a large scale gain space for growth both during the crisis period and especially in the post-crisis period. This is an empirical observation, well known and preached in all business-schools and management consulting firms. But companies still struggle to apply it.
The Lattanzio KIBS Observatory investigates and analyzes trends and perspectives in the field of open innovation by collaborating with experts in the field and supporting targeted initiatives.
Topics Research | Corporate | Study Center | B2G | Open Innovation
Trends and prospects of Open Innovation in the insurance supply chain
The Observatory gave methodological support to the first Insurtech Open Innovation Readiness survey that was conducted in collaboration with the Italian Insurtech Association (IIA).
The objective is to continue the collaboration toward a path of periodic monitoring of the state of the art, trends, prospects and challenges to be faced for the development and maturation of Open Innovation practices in the insurance supply chain.
The sample
The analysis of the insurance world focused on a sample of 110 companies belonging to the IIA.
A clustering was carried out on these on a qualitative and quantitative basis.
Two clusters were identified: the first concerns those operating as an insurer, reinsurer, broker or distributor, and the second allowed the study of insurtech startups/scaleups.
For digital innovation in the public sector
The Open Innovation model is becoming increasingly relevant to the development of services in the public sector. For this reason, especially startups are considered a key player given their ability to develop and adapt products based on a strong user need and with adaptable business models, for growth that benefits both sectors.
B2G is the Lattanzio KIBS project that aims to accelerate the matching of PA innovation demand and supply of innovative startups and SMEs.
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