The Future Is Already Here – What Life Sciences Can Learn from Life Insurance

The Future Is Already Here – What Life Sciences Can Learn from Life Insurance

In this episode Will and Arne talk about: * Innovation and transformation in the Life Insurance industry * Parallels and differences between the Life Sciences and Life Insurance industry * Outcome-based value generation * Regulatory hurdles * Increased competition in the insurance sector * Driving patient outcomes through changing customer behavior * The development of the Total Wellness customer growth strategy at Prudential

From rigid & risk averse to agile & experimental

In this episode Günter Kloucek and Arne Buthmann  talk about:  • The pace of change and disruption • Transformation and adaption of new business models   • 6 levers to make a company more agile • Experimental and adaptive behaviors  • Agility and appropriate risk-taking behavior vs. the increasing complexity of regulatory compliance  • The increasing interdependence between the players in the health care sector  • Balancing medical, economic and ethical considerations in the decision-making process

Embrace Digitalization

In this episode Günter Kloucek and Arne Buthmann talk about:  * The importance of the digitalization for the Life Sciences industry * Digital players entering the healthcare sector * Opportunities and benefits for Life Science companies * Building digital capabilities

Demonstrating Value

In this episode Günter Kloucek and Arne Buthmann talk about: * The move towards outcome-based funding * The impact of the shift in stakeholder balance of power towards payers and patients * The implications for the Life Sciences industry * Managing conflicting needs in a stakeholder centric model * Changes in customer engagement with the experiences from the Covid-19 crisis

Disruption is here

In this episode Günter Kloucek and Arne Buthmann talk about: · main shifts and disruptions of the marketplace · the impact of the COVID-19 pandemic · the reasons why the current business model is no longer sustainable · key imperatives that need to be considered in adapting or building a new business models