Insurance Value Chain: Key Activities and Insights PPT


This PPT slide, part of the 31-slide Insurance Value Chain PowerPoint presentation, presents an overview of the Insurance Industry Value Chain, delineating 7 primary activities and 7 support activities essential for the effective operation of an insurance company. The primary activities include Product Development, Marketing and Sales, Underwriting, Policy Administration, Claims Processing, Customer Service, and Risk Management. Each of these activities plays a pivotal role in delivering value and ensuring operational efficiency.

The support activities listed—Information Technology, Human Resources, Finance and Accounting, Legal and Compliance, Research and Development, Procurement, and Data Management—are crucial for underpinning the primary functions. The slide emphasizes that excellence in these areas can lead to significant advantages in a competitive market.

Margins are indicated alongside the primary activities, suggesting that each function contributes to profitability. The right side of the slide highlights key insights, such as the importance of seamless integration among Underwriting, Claims Processing, and Customer Service. This integration is vital for enhancing the customer experience, which is increasingly a differentiator in the insurance sector.

Additionally, the slide notes that innovations in Product Development and Data Analytics enable insurers to provide tailored solutions and adapt swiftly to market dynamics. This adaptability is critical in a rapidly changing environment where customer expectations and regulatory requirements are constantly evolving.

Overall, this framework serves as a comprehensive guide for stakeholders in the insurance industry, illustrating how interconnected activities contribute to overall success and sustainability.



This slide is part of the Insurance Value Chain PowerPoint presentation.

This framework is created by former McKinsey, BCG, Deloitte, EY, and Capgemini consultants and provides actionable insights for Insurance Industry Value Chain Analysis.

Download the Full Presentation


EXPLORE MORE SLIDES FROM THIS PRESENTATION


EXPLORE MORE PRESENTATIONS ON

Value Chain Analysis Insurance Information Technology Customer Service Customer Experience Risk Management Human Resources Value Chain Data Management Data Analytics Product Development Sales Sustainability Analytics Innovation Compliance

Are you familiar with Flevy? We are you shortcut to immediate value.
Flevy provides business best practices—the same as those produced by top-tier consulting firms and used by Fortune 100 companies. Our best practice business frameworks, financial models, and templates are of the same caliber as those produced by top-tier management consulting firms, like McKinsey, BCG, Bain, Deloitte, and Accenture. Most were developed by seasoned executives and consultants with 20+ years of experience.

Trusted by over 10,000+ Client Organizations
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.
AT&T GE Cisco Intel IBM Coke Dell Toyota HP Nike Samsung Microsoft Astrazeneca JP Morgan KPMG Walgreens Walmart 3M Kaiser Oracle SAP Google E&Y Volvo Bosch Merck Fedex Shell Amgen Eli Lilly Roche AIG Abbott Amazon PwC T-Mobile Broadcom Bayer Pearson Titleist ConEd Pfizer NTT Data Schwab



Flevy is the world's largest knowledge base of best practices.


Leverage the Experience of Experts.

Find documents of the same caliber as those used by top-tier consulting firms, like McKinsey, BCG, Bain, Deloitte, Accenture.

Download Immediately and Use.

Our PowerPoint presentations, Excel workbooks, and Word documents are completely customizable, including rebrandable.

Save Time, Effort, and Money.

Save yourself and your employees countless hours. Use that time to work on more value-added and fulfilling activities.




Read Customer Testimonials



Download our FREE Strategy & Transformation Framework Templates

Download our free compilation of 50+ Strategy & Transformation slides and templates. Frameworks include McKinsey 7-S, Balanced Scorecard, Disruptive Innovation, BCG Curve, and many more.