Remove 2015 Remove Efficiency Remove Market Penetration Remove Operations
article thumbnail

Blockchain Could Make the Insurance Industry Much More Transparent

Harvard Business Review

Thus a trust and efficiency engine like blockchain technology has the potential to drive radical change in the insurance industry while improving transparency and outcomes across the entire value chain. In 2015 these top three players generated 48% of the revenues among the top 50 brokers in the U.S.

article thumbnail

6 Reasons Platforms Fail

Harvard Business Review

Studying these successes and failures, we’ve identified half a dozen key reasons platforms fail, all of which boil down to managers’ misunderstanding of how platforms operate and compete. For years Apple’s market penetration hung in the single digits.