Pricing
Typically, we work with teams of 10 -100 collaborators which can be any combination of employees, partners, insurtechs, customers, consultancies, thought leaders, industry analysts, agents/brokers, etc
Pricing is comfort and reward based (rather than T&M), we find this fairer and more motivating for our clients.
Comfort
a) There is no up front fee
b) We include a 'try before you buy' workshop before your contract is activated
b) There is no 'lock in, after 6 months you can cancel without notice
Reward
You are not buying technology or a methodology, you are buying an improved innovation experience and a way of turning around the sector statistic that 4 out of 5 innovation projects fail.
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There's no magic behind this, we simply provide you with a solid way of de-risking innovation projects and amp up the creative piece. It takes both, one without the other does not fix the problem.
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As well as increased satisfaction, over time this will bring you very substantial savings.
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If you consider a small project team of 10 people with a chargeable hourly rate of £1,000, having 10 meetings that's a £100,000 cost (before prototyping and implementation). Multiply that by 4 failed projects that's £400,000. Now imagine 2 teams of 10 people having 30 meetings and the number goes from £400k to £2.4m ... and so on.
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Summary
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Our subscription fee is £6,000pm for a minimum of 6 months, it can then be cancelled at any time.
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This provides resources for 5 projects with up to 100 users on each.
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Includes 'try before you buy' workshop for a minimum of 10 attendees.
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No set up fee
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For further infomation on what is included see below -
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Included -
Excluded -
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Introductory workshop to remove cognitive biases, provide a reuseable creative framework, create optimal conditions for insurance focussed creativity, tap into Cognitive Surplus and more.
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Access to the unique Data-Sandwich Innovation platform
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AI assisted ideation for 'seeding' authentic innovation
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AI assisted de-risking of the innovation project
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Digital Collaboration between internal and external contributors
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Governance layer
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Optional HR management layer
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Assisted digital prototyping
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Bullet-proofing, actuarial, compliance, IT gap analysis, a/b testing, etc
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Where an innovation requires a technology outside the normal scope of insurance product or service additional costs may apply with prior agreement and consent e.g. temporary licenses, implementation services, etc
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Where distribution services are required these are available on a subscription basis
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