4 Things I Learned at Harvard

Posted by Natalie Ho on Jun 1, 2017 4:52:15 PM

finally have an excuse to sport a Harvard T-shirt because two weeks ago, I had the pleasure of embarking on a two-day Design Thinking workshop at Harvard University with my colleagues from Cookhouse Lab. The workshop is part of Harvard’s Division of Continuing Education & Professional Development Programs and was led by Dave Power and Jon Campbell.

Attending the Design Thinking workshop was two-fold. On one hand, it provided me with the theoretical knowledge so that I can effectively market the Cookhouse Lab innovation methodology. On the other, it allowed me to experience the practical aspects of Design Thinking so that I can integrate this approach into our internal on-going innovation framework at LOGiQ3 Group.

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What Are Major Insurance Themes Across Europe?

Posted by Simon Bell on May 11, 2017 12:15:13 PM

We recently attended the Fleming Life Insurance Forum in Amsterdam. Although this was a LOGiQ3 first, the event has now entered its fifth year. The year's event welcomed a pan-European audience with the 90ish attendees coming from as far afield as Iceland and Sudan (yes, I’m aware that’s not in Europe – but the point is that many came a long way to attend).

We were eager to experience a pan-European conference, and compare the major themes that exist in the industry across the continent with those we see in the UK and North America. Surprisingly, or maybe not for some, many of the themes were consistent across all regions. Find out how below.

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How Co-Creation and Open Collaboration Can Drive Insurance Innovation

Posted by Natalie Ho on Mar 24, 2017 12:59:37 PM

Co-creation, the process where companies and consumers work together to create better ideas, products and services has been in practice for many years. Like co-creation, open collaboration is also a means of collectively building better ideas and solutions. However, instead of limiting the input and sharing of ideas, it considers mass contributors, industry peers, and the willingness to openly share the contents that are eventually derived.

Whether companies use traditional means to facilitate their co-creation, such as focus groups and customer surveys, or more modern approaches, such as social media or crowdsourcing, the result is the same. A collection of diverse, insightful data that they wouldn’t have had if they limited the work to the confines of their internal operations.

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LOGiQ³ Group and msg global solutions Announce Joint Venture

Posted by Natalie Ho on Nov 18, 2016 7:00:00 AM

Cookhouse Lab offers a collaborative, crowdsourced approach to InsurTech development.

(Toronto, ON) November 18, 2016 — Cookhouse Lab, led by Chris Murumets of LOGiQ3 Group and Sven Roehl, of msg global solutions, offers a space for collaboration and a methodology for professionals to use to create the technology consumers now demand. The Lab, located in downtown Toronto, welcomes P & C and life insurance and reinsurance experts, financial-services professionals, entrepreneurs and academics to collaborate on original ideas, combine concepts, build new prototypes, and fund new initiatives. One of the key components to this collaboration process is the idea of “The Expert Crowd”, a group of collaborators in the lab, working with global experts who virtually contribute to the lab through a defined process and technology platform.

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Solvency II – A Quest for Data Quality

Posted by Andy Hazell on May 4, 2016 2:57:16 PM

For many of us working in the European Insurance sector, Solvency II is a phrase we have become all too familiar with. No doubt Solvency II has been and continues to be a major challenge. But, perhaps it also forces us to view our business processes from a different perspective. Could Solvency II be used as the catalyst to improve them?

What does Solvency II have to do with data quality? Let me explain…

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When Two Worlds Collide: Life Insurance Meets Silicon Valley

Posted by Simon Bell on Apr 8, 2016 11:35:37 AM

It’s no secret that the Silicon Valley is a hub for tech disruptors and innovators who are reinventing, reshaping and influencing change in every industry they touch. With the insurance world at a tipping point of major change, the visionaries of the valley have a keen and seemingly growing interest in the industry. As a company that’s both facilitating and embracing the inevitable change, we were eager to get a first-hand look at how Silicon Valley is approaching the world of insurance. So, an intrepid team from The LOGiQ3 Group, including Chris Murumets (CEO and Co-founder of LOGiQ3 Group, Tonya Blackmore (CEO of APEXA), Tom Freitas (CEO of TAI) and myself, took a field trip to the valley with three objectives in mind. 

First, understand the Valley’s approach to insurance. Second tell the LOGiQ3 story and get feedback on what we’ve been up to over the past ten years. And last but not least, identify potential partners to enable LOGiQ3 to become part of the Valley ecosystem – without physically relocating everyone to California (although Tonya and I have a bet as to who is going to live there first!).  The results? We left energized, excited and eager to dive into the future outlook of the insurance industry. Find out why below.

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