International Insurance Player
Client & Situation
- International insurance player (Top-3 in Germany)
- Developing a new and radical business model focusing on customer centricity as an alternative to long, product driven development cycles
- Implementing agile methods into the company and applying them for other projects
Approach & Excubate Support
- Development, evaluation und selection of disruptive / radical business models
- Scouting and building the internal intrapreneur teams complemented by external experts
- Organize the Excubate Corporate Startup Campus to develop a platform business within 3 months, supported by external cross-industry expertise
- Validation of multiple business ideas and prototypes through qualitative customer interviews and quantitative market analysis
Results
- Corporate Startup Campus as innovation model to minimize risk of development and validation of business ideas & prototypes in multiple step program
- Early-on participation of end user in development process
- Train-the-Trainer-Model and participation of customer side team to help implementing agile methods into corporate culture