Insights from The Lab

Lean Principles in Insurance

Category : Lean Principles in Insurance


Lean Six Sigma Projects for Finance and Accounting Transformation: Examples of Top Financial Services Operations

Our previous article in this series shone a spotlight on the lean six sigma finance transformation challenges in the fiercely competitive world of retail operations. This article zeroes in on an equally high-pressure environment: Retail investment management. The Lab has extensive experience in this realm, helping firms from regional players to top-five global powerhouses. The …

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Finance Transformation with Lean Principles for Insurance CFOs

Finance Transformation for Insurance CFOs

Our last blog article discussed the challenges of lean finance management transformation in hospitals. In this article, we’re sticking to the topic of lean finance transformation. But we’re changing the venue to insurance. Are there more similarities than differences? Read on, and decide for yourself. Finance transformation with lean principles and the CFO in the …

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Lean principles in insurance: Insurance process improvement with a Lean Six Sigma Transformation Project

Lean principles in insurance and banking

If you’re running a life insurance business, there are only so many operating costs you can cut, right? Or there are only so many productivity gains you can wring from the resources you have left, right? Wrong. The very notion that you have to choose between reducing insurance operating costs and increasing productivity is what …

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