Insurance Business Model Diagram. Life insurance is something we all hope we won’t need, but as we know, life is unpredictable. The final model included 28 activities proposed in the initial model and four new activities proposed by the experts;
The first collections consists of generic components and foundation components from the business model shown. Insurers have strong analytics capabilities compared with their peers in other industries; Insurance australia group (iag) recently changed the operating model for its australian business in a way that aligns decision making more closely with the needs of end customers.