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PANEL

Reducing the Complexity of Purchasing Life Insurance

A large multinational banking and insurance institution is sponsoring an expert panel to understand where the potential whitespace opportunities to innovate may exist to fundamentally make the buying of life insurance and other long-term investments more human-centric, easy, and less stressful experience.

In this early stage, we are asking experts to engage in a light brainstorming session to validate trends and high-level thinking. About 15 minutes per week over the next couple of weeks, all online, at your convenience.

Once approved for the panel (within 24 hours) you can nominate and discuss other nominations coming in at your own convenience. Recognized panelists may be asked to engage in other opportunities with the sponsor.

In this exercise, panelists will:
1. Discuss and nominate the ideas
2. Rank and prioritize points made by your peers
3. React to the latest media/reports in this space
4. Engaging and network with the other panelists

Below is a preview of some of the topics that are already being discussed. Participation for selected panelist is 100% online and at your own convenience.

peopleExpert participation

Looking to engage experts across the US, Canada, HK and Singapore:
- Life insurance
- Financial advisory
- Investments
- Insurance sales
- Brokering

Applicants
The DI Discip
Driven to help professionals protect their most valuable asset. Income!
Educating consumers on the complexities of life insurance is what I do best. Most believe life insurance is a good idea, but generally buy on price. And that is usually the wrong approach. Explaining how life insurance should be used as a savings strategy with tax advantages and how it can also be used in life if you get sick or hurt before dying is the approach I take.
Robert Rudy
Partner, Oliver Wyman
I have been the Chief Strategy officer at a life insurance company where we dealt with this issue. I have been consulting to Life insurance companies for over 20 years, while at McKinsey and Oliver Wyman. I am currently building a digital life insurance company with a web/mobile front end where we have completely re-designed the customer experience to provide for advice, education, consumer choice and and on-line purchase and payments.
Steve Hartel
Wealth Advisor and Accredited Investment Fiduciary
I am a financial planner, and we use life insurance with almost every client. Because the policies available today are so much more flexible and also more innovative, the process of determining need, selecting appropriate products, properly designing the policy for the specific client, etc. is necessarily complex. In some regard, I disagree with the premise of the group. I do not think that simplifying the process would be beneficial to most people, because it would make it too easy for people to buy the wrong thing for the wrong reason. I liken it to "reducing the complexity of performing brain surgery". Sometimes, complexity is a good thing!
Steve Grant
VP, Applied Behavioral & Social Science
I have worked as an innovation consultant and applied behavioral economist for employer provided insurance for the last 4 years. I have also consulted on retail financial services, specifically around overcoming cognitive bias as a barrier to purchase.
Rob Bickfo
COO, SVP, CIO and President
I have over 35 years of experience in the life insurance space. I have worked in all areas of insurance from sales, marketing, manufacturer and distribution. I've trained LI agents and maintain deep intelligence and expertise in this space. I've been working in the fin-tech space as a consultant to technology companies and insurance companies. I am also involved in ongoing projects to better understand the changing insurance environment, technology and distribution. This topic is directly in my area of expertise.
+22

lockThis panel is now closed to new applicants.

group

Engage with equal-caliber peers any time you want.

star

Enhance your knowledge on this subject.

check_circle

Gain recognition as a thought-leader in your industry.

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Earn cashable rewards through points.

“I like that I can do this when I have time,
and there is no set schedule.”


Eric Allen, Senior Manager, Supply Chain at EY

“I find the topics engaging and I love the
flexibility of checking in and providing insights
at my convenience.”

Kimberly Underwood, Consultant at Underwood Consulting

“Great platform, great questions and topics.
The potential to earn a little more money for
participating is nice as well.”

Oren Birks, Sr. Director of IT at PBI-Gordon

“I really enjoy being on the panels, sharing
information and reading the perspective of the
other panelists. It is quite intriguing and most
all of the panelists are quite bright.”

Patty Soltis, CX Strategist at Kinetic Edge Consultants

“Very interactive, informative and without
any inherent bias. This is as good a collaborative
platform as you can get.”

Pinaki Banerjee, Program Director at ITC InfoTech

“It is a perfect platform not just to share
but to learn and stay updated.”


Armando Leyva, HR Director at 360º HC

FAQ
  • add remove What is Currnt?
    Currnt is a “Knowledge Networking” platform where companies and professionals come to stay relevant on the latest advances in their industries in the face of the increasing pace of change. Companies sponsor panels to learn about where markets are headed or how to leverage new capabilities. Professionals join to demonstrate and develop their passions with equal caliber peers in expert-only facilitated online engagements. On Currnt, we take our passions seriously and ourselves lightly. See our Community Guidelines, to learn more of the rules of the road, here are some highlights

    • Be yourself. The authenticity of Currnt begins with the passion of people.
    • Be respectful. This applies to every person, at all times.
    • Be inclusive. Tolerate, welcome, and consider diverse people and perspectives.
    • Build empathy and understanding. Engage in debates that are in good faith.
    • Foster meaningful and genuine connections. This is what Currnt is all about.
    • Do not plagiarize or fail to cite other’s ideas.
    • Don’t game the points by trying to coordinate intentional recognition.
  • add remove How do Panels work?
    The panel is like a facilitated forum of hand selected experts on a topic sponsored by a company that wants to learn fast. Panels are organized in chapters called Themes that focus on one subtopic at a time. In some panels Themes are only 24 hours in duration, in others they are a week long, and in some they are two weeks long. When one Theme closes, a new one begins. You come in when you feel like it, but try to come in twice per Theme. You earn points from your peers and the facilitator when they react to your ideas. Likewise, others earn points when you interact on their posts. The more we discuss and debate, the better the insights, the more points earned by all.

  • add remove Why should I apply? Do I get paid?
    Professionals join Currnt because they want to remain relevant on subjects they’re passionate about and subjects that are shaping the future of their industry. They also:

    • Engage and connect with equal caliber peers in their industry
    • Learn and enhance their knowledge
    • Get recognized and rewarded for providing their inputs and thought-leadership
    • When specified above in the project description, you can earn honorarium payments and/or recognition points redeemable for cash. Learn more here.
  • add remove Are there specific times I need to participate?
    There are no set times for calls or meetings. Participation is 100% online on the Currnt platform and engagement between the all expert panelists is asynchronous in written form. Just come in twice per Theme, at your convenience.

  • add remove How do KnowledgeStreams and DesignSprints work?
    Streams are ongoing online engagements for exploration or working iteratively with a panel, and Sprints are on-demand engagement to get to actionable insights quickly. Both are facilitated and are always-on for participants to engage at-convenience. The conversations are segmented into Themes which are subtopics which are like chapters in a book. In a 4 Day Sprint, Themes are 24 hours, whereas a Theme in a Stream is every two week. Throughout the discussion, the facilitator highlights and categorizes the “key takeaways” to be voted and distilled into a summary report. It’s also common that other pieces of content (whitepapers, blogs, podcasts) are also prepared from the distilled insights.

  • add remove I’ve applied. Now what?
    Your application will be internally reviewed in the following 24-48hrs and screened for any conflict of interest, and general fit. Next your application will be shortlisted for the sponsor to accept, bookmark or reject. You will receive a notification each step of the way, but expect this may take a couple of days, or even weeks if the panel is new. Nevertheless, in addition to the notifications, you can always go back to the Apply page to view the status of your application.

  • add remove I’ve been selected. What am I expected to do when selected?
    Once you receive your Welcome Email, please RSVP by clicking the link in the notification. You can also gain access to the panel through your ‘My Currnt’ at the top of the page. Finally, once you have RSVP’d by logging into the panel, there is often a Welcome Tab where you can introduce yourself to the other panelists. If it’s a new panel, the first Theme will launch in a few days, if it’s an ongoing panel just jump right in by reacting to the question or to what the other panelists had to say.

  • add remove If I have other questions or issues, what should I do?
    Please contact support to answer any other questions or troubleshoot any issues via email or chat.

Reducing the Complexity of Purchasing Life Insurance