Name: L.E.K. Look Forward 2023 - Insurance Broking - What's Next for the Year Ahead
Start: 2022-11-28T13:30:00Z
End: 2022-11-28T13:30:02.000Z
Location: BrightTALK

We combine deep expertise with rigorous analysis to help business leaders navigate their markets, make the most of opportunities, and deliver better returns. Some of the world’s most sophisticated, innovative, and successful organisations choose us to help them maximise their potential. Visit us online at lek.com and follow us on Twitter, Facebook, LinkedIn and Instagram to meet more of our talented team and learn about the challenges we are helping clients overcome.

Discover the pivotal role of sustainability on consumer buying decisions and the implications for your brand from L.E.K.’s latest Global Consumer Sustainability Survey. 

With an average of 93% of consumers considering sustainability as important, consumer sentiment is clear. However, the extent of their commitment to act or pay more for sustainable products varies greatly. It is essential for brands to understand the differing trends across regions, customer segments, and product categories to tailor strategies effectively for their audience. 

Join experts from L.E.K.’s Consumer practice and Sustainability Centre of Excellence teams as we reveal the results from our global survey and examine the implications for retailers and brand owners. From how consumers think about a product’s environmental footprint, to the premium they are willing to pay for a sustainable alternative – this webinar examines how retailers and brands can better understand how sustainability attitudes are influencing the consumers in their markets.

Sustainability: What Do Your Consumers Really Want?

In today’s biopharma landscape, launching a new therapy involves navigating a maze of complex challenges. From demonstrating economic value to stakeholders, managing the intricacies of cell and gene therapies, to the precision needed for therapies requiring biomarkers or designed for rare diseases—the path to a successful launch is fraught with obstacles. The need for meticulous and strategic planning has never been more critical, and it must begin earlier than you think.

This is where our Launch Excellence Tool comes into play. Specifically designed for our pharma and biopharma clients, the tool streamlines the launch planning process, making it not only more efficient but also more effective. It’s not just about getting to market; it’s about breaking through with impact. Discover how we can transform your launch strategy from a challenge into your competitive advantage.

The Need for Launch Planning

In this video, Juan Torres of Schroders’ Value team and host of The Value Perspective podcast interviews Peter Ward and Eilert Hinrichs, as part of the ‘Allocators Edge’ series. Both Peter and Eilert have over twenty years’ experience in advising investors and leaders in the financial services sector. The episode covers what the landscape for the defined benefit (DB) and defined contribution (DC) industry looks like in the UK; whether Peter and Eilert think DB in the UK is dead; how Insurance is participating in the de-risking of the DB space; Peter and Eilert’s outlook for Europe; and finally the findings and implications of a survey on the cost of ESG amongst different age groups in the UK.

The Allocators Edge series, from The Value Perspective, is available on all podcast streaming platforms.

Schroders: The Value Perspective with L.E.K. Consulting

External trends such as higher interest rates, regulation and consolidation are driving profound change in the UK Wealth management sector with firms looking for a way to adapt. These pressures are creating greater urgency for leaders to re-examine their operating model and cost structures. In this video, Bronswe Cheung, Ashish Khanna and, industry expert, Matt Lonsdale explore how firms can use a well-designed operating model to drive efficiency, compliance and commercial performance. Watch the full conversation.

The Next Frontier of Value Creation in Wealth Management

Financial Services Insight Interviews — a series featuring some of the top leaders across financial services. 

After a long bull run, private equity investment fell off significantly last year. Will dealmaking return in 2024? In this video, L.E.K.’s Peter Ward sits down with Richard McDougall of Cabot Square Capital LLP to talk about the challenges that private equity investors face amidst recent market conditions, motivations contributing to a likely reduction in the bid-ask spread and prevailing trends that each private equity firm must respond to today.

Get a frontline perspective on the current state of private equity investing, from fundraising to value realisation.

The Business of Private Equity Investing

Now in its eighth year, our annual survey offers a potent combination of long-term perspectives and up-to-date insights on the global mobility agenda. Hear about the trends shaping mobility from L.E.K. Consulting, Vision Mobility and CuriosityCX. Join one of our three webinars to learn about the three core mobility personalities and how their attitudes are shaping electric vehicle uptake across the world. From cost imperative to charging challenge – we examine the factors at play for organizations looking to drive growth in the year ahead.

Annual Global Mobility Study 2024 (Asia Pacific)

Annual Global Mobility Study 2024 (North America)

Annual Global Mobility Study 2024 (Europe)

In this final installment of L.E.K.'s Applied AI Webinar Series we will dive deep into how AI is revolutionizing crucial supply chain operations. Covering how machine learning algorithms can make your demand forecasting, route optimization and inventory management more precise, how AI can leverage to build out supplier scorecards, and how computer vision can be harnessed to aid with quality control. We'll also touch on best practices for integrating AI into your supply chain, ensuring both efficiency and innovation with examples from across industries.

The Next Frontier:  Implementing AI in Your Supply Chain

For any high-tech business, unlocking the true value potential of talent is a top priority in the year ahead. The highly regulated environment of Life sciences means that attracting and retaining the very best people is even more vital to business success. How can companies create a talent focused organisational strategy, and what are the key drivers for success? Our latest insight highlights this key subject.

Look Forward to a Talent Focused Organisational Strategy in 2024

After a mixed year for industrial businesses in 2023, what are the key trends that will shape the year ahead and beyond? From improved supply chains to improving levels of talent and emerging technologies – 2024 holds promise despite continuing widespread geopolitical issues. What are the key questions for any business looking to flourish? Our latest insight examines the changing environment for industrials.

Look Forward to Industrials in 2024 and Beyond

With companies of all sizes demonstrating a clear commitment to sustainability, understanding how to navigate this vital but complex agenda is a  business imperative. Regulation, consumers, investors, talent – multiple stakeholders mean multiple demands for companies as sustainability  confirms its seat at the boardroom table. What are the trends and how can businesses take action? L.E.K. Consulting Sustainability Chair John Goddard looks to the year ahead.

Look Forward to Sustainability in 2024

In this short video, automotive industry expert Cristóbal Colón outlines the likely realities of motoring in the future.

Look Forward to the Road Ahead for the European Automotive Sector

Our fourth webinar focuses on applications of AI to field services and the ability for AI to surface the best information, at the right time, in the right location to enable better decision making. We will look at examples of companies using new tools including Gen AI to enhance processes and communication and help everyone in the field be an “expert”. We will also discuss potential next generation solutions, including combining AI with other technologies such as Augmented Reality (AR).

AI in Field Service: Creating Value Anywhere

From increased revenues to more efficient systems and better data – successful digital transformation has the potential to deliver lasting benefits for companies willing to invest in its potential. But understanding potential issues is vital. Based on conversations with 50 business leaders and featuring input from experts from across sectors and geographies, The Big Digital Question webinar takes a hard look at what it takes to make digital a successful part of your corporate strategy.

“As a firm we pride ourselves on our ability to gather insights and interpret them as sound strategic advice. Taking the time to go deeper and have in-depth conversations about such a business-critical topic has really informed our work on digital transformation – we’re looking forward to sharing our thinking.”  
Rob Wild. Digital Director

The Big Digital Question by L.E.K. - Navigating Digital Transformation

In our third webinar in this series we will explore how AI is impacting the value of data itself and how companies can take advantage of the evolution.  We will explore key lessons on how to price and monetize your data, what commercial models to consider, ways to engage the platforms, and how to drive differentiation.  We will also examine several common challenges in monetizing data and how these are impacted by AI.  Our panelists will share their first hand experiences with companies on this topic across sectors from media and publishing to healthcare.

AI and Its Impact on the Value of Data

Join L.E.K. for the second installment in our Applied AI Webinar series: Artificial Intelligence for Authentic Innovation. Our team will discuss how market leaders are applying AI in R&D and product development in industries ranging from manufacturing to healthcare.  We will dive into how computers are inventing for the very first time, and discuss some of the major breakthroughs our new electronic friends are dreaming up.

AI in R&D: Artificial Intelligence for Authentic Innovation

Rising inflation is hitting companies hard, impacting their bottom line as they struggle to pass on its full effect by raising their own prices and to compensate this loss by productivity gains on direct costs. Adding to their wows, the rapidly rising cost of debt and the financial demands of energy and digital transitions stretch corporate cash flows to breaking point. Our recent survey results paint a gloomy picture, but help is at hand with clear strategies to reduce indirect costs. 

Join head of our European Organisation & Performance practice Jean-Philippe Grosmaitre, and partner Philip Roux for a lively and informative discussion covering the factors at play and ways to tackle the impact of inflation head-on.

What you will learn:
• What strategies to adopt to reduce indirect costs and overcome inflationary pressure
• How to reengineer processes to deliver 10-15% tangible savings 
• How these savings can be multiplied through digitalisation
• Why embedding and creating buy-in for these strategies is critical for success

Who should attend:
• General managers and CFO’s tasked with tackling cost rises
• Business strategy specialists looking for new ways to concretely solve inflationary issues
• Operating partners in Private Equity firms searching for better value in their investments

Mitigating the Impact of Inflation: Cost-Cutting Strategies for Businesses

For an industry that has relied on price comparison websites and many consumers ready to switch providers on a yearly basis, recent changes from the FCA have created significant challenges. The distribution is set to change with a range of possible outcomes on the horizon. From new pricing structures to further disruption from Amazon’s new insurance store – L.E.K. Consulting’s Ashish Khanna lifts the lid in our new video.

L.E.K. Look Forward 2023 - UK Personal Lines Insurance

The shift to nonhospital based ambulatory care is driving huge changes in healthcare provision. But for independent clinicians rising costs and a shortage of labour are presenting new challenges. Our broad experience of working with both hospital and nonhospital based healthcare services and their suppliers gives us a clear view of the year ahead. From the move to larger practices sharing back-office functions and delivering increased patient facing time for clinicians, to delivering new technology and training – join us to hear how change is delivering new opportunities in healthcare.

L.E.K. Look Forward 2023 - Healthcare Provision

The shift towards combining online sales with an instore presence is significant, but not alone in shaping the future of consumer healthcare. From the rapid rise in self-care to a focus on good mental health, sustainability and personalisation – strong strategy informed by clear insights has never been as vital. Our latest video looks forward to a challenging 2023 with plenty of opportunities for companies ready to listen to consumers and adapt to suit the changing times.

L.E.K. Look Forward 2023 - Consumer Health and Wellness

For those looking to weather a downturn, sustainability can offer valuable help and contribute to a future-proofed commercial strategy. ESG can mean a lot of different things but beneath it all sits some compelling principles about future proofing business. Establishing the right levels of consumption, the right levels of growth, and how can businesses ensure they are positioned appropriately for success all take insight and experience. Watch the video to hear more on this essential topic.

L.E.K. Look Forward 2023 - Building Long-term Commercial Sustainability

Rising inflation, growing input costs and a shortage of labour are putting industrial businesses under increasing pressure. Those exposed to customer discretionary spend are vulnerable in today’s economic climate, but others are set to benefit from continued investment in infrastructure and a continued focus on sustainability. For all, resilience is the key to a successful 2023 – watch our video to hear more.

L.E.K. Look Forward 2023 - Industrials - Building Resilience for the Year Ahead

L.E.K. Consulting Principal Bronswe Chung reviews the challenges and opportunities wealth managers now face and highlights the advantages industry insights can offer. Giving management teams access to better data and insights into key topics such as ESG and wealth-tech are just part of the story. Watch the video to hear more.

L.E.K. Look Forward 2023 - Wealth Management - The Drive for Quality

L.E.K. Consulting partner Becrom Basu assesses the outlook for the sector and highlights the key challenges transport and logistics companies now face. Progress takes capital and sustainability is an investment essential, but in a climate where few consumers are willing to pay the price of greener choices, steering a safe course will take insight and expertise. Watch the video to learn more.

L.E.K. Look Forward 2023 - Transport & Logistics

Staying relevant to consumers in a world full of choice was already the key challenge for leisure & entertainment businesses. Post-Covid and in the face of rapidly rising inflation and a big squeeze on disposable income – the battle has never been as important.

L.E.K. Look Forward 2023 - Leisure & Entertainment - Staying Relevant

What next for the car industry as consumers turn away from status driven purchases, and China enters the market with a new generation of low-cost electric vehicles?

L.E.K. Look Forward 2023 - Automotive Industry - The Road Ahead in 2023

Volatile times spell trouble for businesses and investors looking to make deals. Assessing true value is a major challenge in rapidly changing markets impacted by spiraling inflation, supply chain disruption, and geopolitical events. Times like this call for good due diligence – in our latest video L.E.K. Consulting partner Jean-Philippe Grosmaitre tells us why.

L.E.K. Look Forward 2023 - Organisation and Performance - Powerful Due Diligence

Key organisations like the NHS are already asking suppliers for their timeframe to achieve net zero. Achieving this is a complex task with rewards for the successful but problems ahead for those that get left behind. In our latest video L.E.K. Consulting partners Andre Volante and Verena Ahnert look at the challenges ahead and the strategic choices to be made for pharma sector.

L.E.K. Look Forward 2023 - Pharma Sustainability - Sustainability Matters

At times like these it pays to make educated decisions. By ensuring our clients have all of the facts and insights they need we are helping them to think strategically and stay ahead in a sector that is changing fast. From digital transformation to sustainability and beyond – we have a powerful combination of focused building & construction industry experience and broad expertise helping companies harness the potential of technology and putting sustainability at the heart of their strategy.  In our latest video partner Maxime Julian looks forward to the year ahead for building & construction, reviews some of the issues the sector faces right now, and discussing how we are helping companies in the sector rethink their strategy for success.

L.E.K. Look Forward 2023 - Building and Construction - Rightsizing the Industry

From tackling growing calls for regionalisation, to helping European businesses take advantage of new opportunities in the US, our focus on leveraging insights to help clients grow. As a global team with a foot each side of the Atlantic, our ability to take insights from one area or geography and apply them to new challenges is the key to preserving and growing value in the challenging year ahead.

L.E.K. Look Forward 2023 - Pharma Contract Services - Challenges to Advantages

Analytics have a crucial role to play in delivering the business intelligence needed in today’s complex and challenging markets. But understanding what matters to customers and how to turn insights into strategy takes commercial experience. Tune in to find out more about the L.E.K.  analytics tool kit and how we combine commercial and data understanding inside our own firm to deliver the best for our clients.

L.E.K. Look Forward 2023 - Business Analytics - Data-driven Decision Making

L.E.K. Consulting partner Katya Zubareva lifts the lid on the sectors biggest issues and looks at how under-pressure companies can navigate a pathway to better business strategy. From dealing with rising costs to balancing the need to pass on costs with keeping services affordable and accessible – tune in to hear more about this important sector in the year ahead.

L.E.K. Look Forward 2023 - Healthcare Services - Navigating Uncertainty

L.E.K. Look Forward 2023

As brokers struggle to win new business from under pressure clients, they are being hit by price increases from insurers eager to pass on the impact of increasing claims. Now more than ever it pays to build a detailed knowledge of what customers want and are willing to pay for. Closer to home, creating business efficiencies and better processes has never been so vital. Our joined-up global proposition and data-driven approach offer valuable help in challenging times.

L.E.K. Look Forward 2023 - Insurance Broking - What's Next for the Year Ahead

Insurance

Strategy

strategy consulting

outlook

This community is for investors who work within the European market providing client and portfolio management advice. Join to learn from trusted investors on the latest trends and account strategies for delivering consistent results and long term success.

European Investors

Get powerful finance management insights for your business. Connect with experts and colleagues to get the most up-to-date knowledge that will help you to determine which financial factors build or erode value in your organization.

CFO Strategy

Get powerful market trends insights that are shaping the M

Mergers and Acquisitions

The accounting and finance community on BrightTALK features presentations from leading accountants and finance professionals. The accounting community includes tax planning strategies, QuickBooks webinars and other accounting webinars, while the finance community features presentations on financial capital regulations and forensic data analytics. Join the conversation by attending live financial and accounting presentations and connecting with industry thought leaders.

Finance

Get powerful insights to run your business. CEOs, CFOs, CMOs, COOs, CTOs and CIOs are among the leaders in this community who connect with peers and experts to grow their businesses.

CxO Strategy

Get powerful operations insights for your business. Connect with experts and colleagues to get the most up-to-date knowledge on which systems and processes are driving operational efficiency, maximizing value and customer success.

Operations

In the business management community, commercial experts will be sharing webinars and videos on an array of subjects. From sales and marketing, to finance, productivity and growth, this content will help you stay up-to-date with the current economic environment and provide timely management insight to drive business growth.

L.E.K. Look Forward 2023 - Insurance Broking - What's Next for the Year Ahead

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L.E.K. Consulting