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Insurance Business | 29 Sep 2014, 08:18 AM Agree 0
South Australian brokers will face the threat of major digital disruption over the next five years, according to a new report.
  • Jeff Mazzini | 30 Sep 2014, 11:38 AM Agree 0
    I am already seeing digital disruption happening in Australia and offshore and feel that placing a three to five year time span on the effects of this is generous. Many new low cost start ups are either here or entering the market and the process of offering finance and other services from non traditional suppliers is already in progress.
    Agree its not the end but timely for every business model to rethink and reshape who they are, what they do, what they offer and how they offer.
    Our biggest competitors now are the big global players, who are seeking to commoditise what we offer. There was a time in the past we all focused on Australian competitors, when now the focus should be on global ones.
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