The Australian Institute of Health and Welfare’s report on Australia’s health has prompted a series of articles addressing pressing health issues. With a focus on chronic diseases and mental health challenges, the articles examine whether private health insurers are effectively managing these issues. Telehealth, remote monitoring, and innovative care models are highlighted, but there is still room for improvement in managing chronic diseases. Early detection and intervention are crucial for reducing healthcare costs and improving Australians’ wellbeing.
Author Archives: David Worldon
Unlocking Sustainable Innovation: Insights from Olly Bridge on Peak Performance and Corporate Leadership
Olly Bridge, a Sustainable Peak Performance expert, shares insights on the connection between wellbeing and sustainable innovation. Emphasizing simplicity, consistency, and balance, he advocates for clear endpoints, natural workspaces, and the Three-Legged Stool model for sustainable peak performance. Incorporating wellbeing into corporate innovation strategies is crucial for sustained creativity and productivity.
Designing and Launching GreenPass: How We Built nib’s Digital Health Game-Changer
The project involved developing GreenPass, a digital health product for young Australians without private health insurance. Despite organizational challenges, a clear process prioritizing speed and impact led to the successful launch of the product within five months. GreenPass exceeded expectations, garnering over 15,000 customers and reducing customer lapse rate by around 20%.
Revolutionising Insurance for Ride-Share Drivers: The RideCover Story
RideCover, Australia’s pioneering insurance for ride-share drivers, was developed without a budget but with a customer-centric, agile approach. It quickly gained traction, surpassing expectations with over 100% increases in customer acquisition and revenue. The innovative product not only filled a market gap but also transformed the ride-share landscape, setting new insurance standards.
How We Helped IAG Unlock New Growth Opportunities for SMEs in Just 3 Months
IAG approached us with a vision to develop innovative non-insurance products for SMEs. Within three months, we prioritized 14 business ideas, focusing on value, market demand, and IAG’s strengths. Our structured process involved research, ideation, and stakeholder engagement, resulting in a ready-to-implement pipeline. This efficient innovation approach delivered significant cost savings and set the stage for future growth.
How I Helped One of Australia’s Leading Health Insurers Reshape Their Growth Strategy Through Strategic Investment
An Australian health insurer sought to evaluate a non-core business for strategic investment. With a tight six-week deadline, comprehensive due diligence was conducted to align the opportunity with their goals. The resulting record-setting bid not only demonstrated confidence in the investment but also led to a new strategic direction, expanding their growth strategy.
Driving Innovation at Speed: How NRMA’s Safer Journeys App Evolved into Rollin’, One of Australia’s Fastest Growing Insurers
NRMA sought to launch a non-insurance product enhancing brand affinity and customer insurance choices. Despite challenges, the Safer Journeys app was developed, leading to considerable customer growth and retention. The success of the app ultimately led to the evolution of Rollin’, a prominent and innovative insurer, demonstrating the impact of purpose-driven innovation.
Prioritising Propositions to Accelerate Growth in Healthcare
In the fast-paced healthcare industry, innovation is vital. I collaborated with a major health company to prioritize and sequence new digital propositions, facing challenges such as limited expertise and tight timelines. Through a focused approach, we delivered a clear plan in just two weeks, saving the company time and costs while empowering their leadership.
How We Helped a Major Insurer Enter a New Market and Save $82K
Accelerated Innovation recently assisted a major insurer in exploring new opportunities within their ‘Adjacent Lines and Affiliates’ portfolio. Despite a tight deadline, the team conducted in-depth market research, delivering a comprehensive report that enabled the client to initiate their RFP process, saving time and costs. The client praised the quality of the research and expressed a desire for future collaboration.
Exploring the Secrets of Corporate Innovation in Healthcare with David Du Plessis
In our latest Innovation Insider interview, I sat down with David du Plessis, a seasoned consultant and thought leader in healthcare innovation. David and I first crossed paths years ago when we both worked for one of Australia’s top health insurers, and we quickly connected not just through our names but also through our sharedContinue reading “Exploring the Secrets of Corporate Innovation in Healthcare with David Du Plessis”