Insuring a Successful Future in a Fast-Changing World

BURLINGTON, Vt., August 7, 2018 (Newswire.com) - Global Futurist Jack Uldrich is in Burlington, VT today to speak to the Vermont Captive Insurance Association on what the future of that industry may hold. He will discuss how new automation tools and platforms made possible by rapidly advancing technology will present new opportunities and challenges in the future. His presentation will outline ten trends that are transforming the future of insurance and then provide actions that attendees can take to "future-proof" their businesses.  

According to Uldrich, the template for insurance is changing fast. In his keynote today, Uldrich's trends and technologies that are transforming the future of insurance will include recent advancements in blockchain technology, machine learning, nanotechnology, 3D printing, robotics, data analytics, wearable technologies such as virtual reality, the internet of things and the sharing economy. He will also provide examples to illustrate how they could transform insurance within the next decade.

Unlearning and growth stem directly from challenging long-held assumptions. If leaders in the industry take these challenges on, the whole paradigm of insurance is bound to change.

Jack Uldrich, Futurist & Founder of the School of Unlearning

When asked what his primary message for an insurance audience will be, Uldrich replied, "Insurance companies need not only to stay on top of the current trends in the field, but they must also learn to ask better questions. Additionally, they will need to assimilate different ideas and open themselves to viewing the world from a different perspective. Unlearning and growth stem directly from challenging long-held assumptions. If leaders in the industry take these challenges on, the whole paradigm of insurance is bound to change."

Uldrich says, “Every business leader feels it and knows it — the world is changing at an accelerating pace. Business models are shifting, consumer behaviors and preferences are evolving swiftly. In such an environment, it‘s hard to look ahead to the next quarter, let alone the next year. Still, business leaders must position their companies for continued success.”

He continues, "It is not enough to deeply understand how one technology works. You have to understand how multiple technologies will converge to spin off to create new opportunities. The work I do is all about helping organizations prepare for the coming technological changes so that they can efficiently navigate and determine the course of their future."

In each of his presentations, Uldrich shares specific actions that leaders can take to better “future-proof” their organizations. These actions often include finding a “reverse-mentor” to gain a different generational perspective, conducting a “pre-mortem” for your business to spot potential challenges before they happen, and taking a “think week” to focus on the future. These actions can be beneficial regardless of what trends and technologies emerge.

A highly sought-after speaker, Uldrich has addressed hundreds of clients in a variety of industries throughout the world, including Invesco, Thrivent, the Retail Leaders Industry Association (RILA), and the Urban Land Institute. Other clients include Blue Cross Blue Shield, the American Medical Association, Wells Fargo, Cisco, IBM, WiPro, PepsiCo, United Healthcare, Boston Scientific and General Electric.

To learn more about Jack Uldrich, his books, his blog, or his speaking availability, please visit his website.

Source: Jack Uldrich & The School of Unlearning