You Can Innovate Anywhere – Even Insurance Companies!

Mick Simonelli converses with Innovations Excellence about innovation challenges in the insurance industry. He discusses his experience with the Department of Defense and how it helped him deal with innovation in financial services. Mick asserts that insurance companies need transformational leadership with dual understanding to achieve breakthrough innovation. He also emphasizes the importance of culture which encompasses all categories of innovation success. He suggests that insurers build innovation capabilities over time and focus on their strengths while working on culture.