I had the pleasure of catching up with Humphrey Laubscher, NAB Labs' Fintech Innovation Manager, for our latest Future² podcast. We touched on a number of questions relevant for not just banking and financial services organisations, but other large organisations facing similar challenges and startups looking to partner and/or disrupt incumbents.
For those of you who don't know, NAB Labs is the innovation arm of the National Australia Bank, and aside from recently announcing a $50m startup venture fund, NAB Labs is heavily focused on collapsing the time it takes to bring new products to market, investigating partnerships and potential investments and designing a scalable innovation system that sits at the heart of the bank.
A must listen if you are looking to drive innovation in any of the above realms.
Whether it be insurance for life. health, vehicle, travel, or even pet insurance, all these insurance types are being disrupted. From how we decide on and purchase insurance, the way we design our products, to how we engage with providers, startups are changing how we fundamentally connect with insurance.
Relying on raw enthusiasm to drive innovation is not sustainable. This is especially difficult if key stakeholders aren't open to experimentation. In our upcoming "Innovation Manager Crash Course," you will learn the tools and framework to drive cultural change.
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