1 / 10

Allagash Reinsurance Service: Enhancing Platform-Based Solutions

Explore platform-based service products inspired by Myer and DeTore's JPIM article. Allagash, in partnership with LL Bean, offers Fedex services and innovative solutions. Grounded in platform thinking and the five principles, the reinsurance service architecture focuses on value addition through people, processes, and technology.

piper-wilkins
Télécharger la présentation

Allagash Reinsurance Service: Enhancing Platform-Based Solutions

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Platform Based Service Products D. Sudharshan Based on Myer and DeTore, JPIM 18 (2001) 188-204

  2. Allagash cot LL Bean Prices: Regular $45.00, Extra Large: $65.00

  3. FedEx service solutions • Transportation vehicles • Web-enabled software for order tracking • Handheld PDA devices in the field • Etc.

  4. FedEx service solutions • Good better and best in terms of • Package size and • arrival time

  5. Five Principles of platform thinking • Common architectures spanning multiple products that are implemented with common subsystems and subsystem interfaces. • Nonmonolithic or modular approach to platform development • Platforms extend beyond technology to both markets and business models • Platforms are built on building blocks or “crown jewels” • Platform thinking is reflected in organizational structure

  6. Grounding Principle for Service design • Build on the flow of knowledge and information (tangible and intangible) between service provider and user

  7. Value addition through…. • People • Processes and • Technology

  8. Reinsurance Service Architecture

  9. Reinsurance Service Architecture • The new service was to help build new products/services for their customers • The subsystems for the above are: • Opportunity seeking/identification • Solution development • Deal negotiation • Underwriting automation/consultation • Ongoing administration

  10. Reinsurance Service Architecture • Built on Lincoln Re’s actuarial expertise • Financial resources as reinsurer • Direct mail and email brokerage capabilities gained through acquisition

More Related