National Special Insurance Player
Client & Situation
- National special insurance player (Top-1 solution provider in branch)
- Corporate wide shift to focus on customer centricity and product innovation to strengthen market position
- Aim to offer value added services to assist customer segment over entire lifecycle
Approach & Excubate Support
- 6-Phase approach covering all relevant steps in the first phases of the corporate startup process. based on Design Thinking and Lean Startup methodology (problem solution- & product market fit)
- Early customer integration in development process with intense use of customer insights from qualitative research & prototyping tests
- Methodical training & process moderation to develop a customercentric business model
- Excubate team as hybrid coach ensuring progress, quality and feasibility of business model to meet board expectations
Results
- Prioritized set of top needs in customer segment over entire lifecycle
- Customer validated list of top features for step-by-step roll out
- New modular service platform is developed and scoped
- Implementation strategy for value added services into company wide service & product platform is set up
- Growth marketing & sales strategy including external service partners is defined