Turn Compounding Challenges into Strategic Opportunities
End-to-End Solutions for Insurance Carriers, Insurtechs, and Service Providers
Our team of insurance industry experts provide industry-specific insights that ensure your solutions are aligned with the needs of the insurance sector.
For Insurance Carriers:
We specialize in crafting custom strategies that empower insurance carriers to drive growth and achieve their objectives.
Distribution Strategy:
We provide guidance on optimizing product distribution across channels, ensuring offerings reach the right consumers.
- Compensation Design: Help design compensation structures that are tailored to agent networks, whether captive or independent.
- Sales Motivation: Assist in developing targeted incentives to motivate and drive sales teams toward achieving business goals.
- Micro-Segmentation: Offer insights into precise targeting techniques that effectively address specific market challenges.
- Product Development: Help clients understand and deliver what consumers value most in their insurance products and guide in structuring offerings that align with customer preferences.
Market Segmentation:
Support in segmenting clients’ market to tailor products, pricing, and marketing strategies to meet the unique preferences of each segment, ultimately improving customer satisfaction and driving growth.
For Insurtech and Service Providers:
Unlock growth by leveraging tailored pricing and packaging strategies.
Pricing Strategies:
Guide the development of pricing models that align with software and tech offerings.
Monetization and Growth:
Assist in enhancing your market presence through effective monetization strategies and growth-focused packaging.
Industry Expertise:
Offer proven strategies tailored to the insurance sector, helping ensure that services meet industry demands.
As insurance growth consultants, we help those in the insurance industry – from carrier, to Insurtech, and service providers - adapt to change and secure long-term profitability. With broad industry expertise and comprehensive solution capabilities, we tailor our approach to meet the unique needs of each client, ensuring sustainable success.
Claims Services: 4 Solutions for Internal Pricing Pressures
In the insurance claims services industry, vendors often find their products underpriced and failing to reflect the true value they deliver, leading to reduced growth and profitability.
Our team of insurance growth consultants discuss four key factors that often cause these internal pricing pressures, and their solutions.
Simon-Kucher RACER Framework
By accelerating efforts to boost productivity, insurers can create sustainable growth, optimize resource utilization, and mitigate the impacts of specialist shortages at the agency level.
But how do you boost agency productivity? Our industry experts have identified five key drivers of productivity in the Simon-Kucher RACER framework.
PEOs: Maximizing Revenue Potential
A large portion of what clients pay for PEO services is tied to insurance costs, often leaving the pricing of administrative fees overlooked. Optimizing these fees is crucial for maximizing profitability. Our experts explore different pricing models and identify the best fit for various business needs, helping PEOs unlock their full revenue potential.
Core System Providers: Achieve Profitable Growth Amid Market Shifts
How can early-stage core-system providers achieve profitable growth amid constant market shifts? In an industry where core-systems drive critical insurance operations, the stakes are high for emerging companies to not only grow but do so profitably. As the market expands, early-stage companies face a delicate balance between scaling quickly and managing their costs effectively.
The key to success? Finding the right approach to sales and marketing spend, while keeping an eye on the hidden drivers of cost. Simon-Kucher’s experts have uncovered strategic insights that can help these companies achieve sustainable growth without sacrificing profitability. Read on to discover how to unlock growth potential and overcome the common pitfalls faced by early-stage providers.
Our team
Jordan Laugeni
Sonja Kuhn
