Competitive advantage from new insights on customers, risks and business cycles – Bain & Co.


It isn’t rocket science to figure that, if we keep asking the same questions, using the same metrics and look for familiar patterns in data we won’t get new, better answers or identify new patterns!

Identifying, mapping, monitoring and managing causal relationships is a means by which carriers of financial/insurance risk can seize a considerable competitive advantage…from an informational advantage.

Ontonix enables organisations [insurers] to do just that…in real-time, if required!

So, instead of relying upon attempts to predict the unpredictable and reflexive, post-loss, analysis the opportunity exists for ‘crisis anticipation’. Our experience of working across a wide range of sectors – from healthcare to aviation, automotive and engineering design to banking – is that, our unique analysis can enable effective loss prevention. A, potentially, transformational development for firms involved in insurance risk transfer, investing for future returns or protecting against unknown (or unknowable) future events…so where are the ‘Risk Leaders’? Read more of this post

Q. what is the difference between derivatives and reinsurance?:: A. not a lot…


At least that is the view of a man who knows a thing or two about both…Warren Buffett! Of course this quote is, by now, well known:

“In our view, however, derivatives are financial weapons of mass destruction, carrying dangers that, while now latent, are potentially lethal.”

But this isn’t all that he had to say and, until someone convinces me otherwise, his view lends further (substantial) weight to my argument that (re)insurance institutions ARE “globally systemically important” with the potential to act as “superspreaders” as/when the next stage of the ongoing financial crisis unfolds.

Read more of this post

Supply chain complexity


My interest and that of my colleagues at Ontonix is “the mastery of complexity”. But it can be a difficult message to communicate to business leaders for whom the term complexity either means very little or sounds vaguely like something made up by the type of Consultants who will invent new (and scarier) threats to business just to keep them in the style to which they have become accustomed!

So, it is reassuring and extremely useful when experts from business and/or Academia use their significant influence to warn of the, very real, dangers. In his article, Supply chain futures: the mastery of complexity, Philip Greening does us – as providers of unique Complex Systems Management, Business Risk Management & Quantitative Complexity Management IT solutions – and members of the Supply Chain community an enormous favour. Read more of this post

Will insurers adopt tools for NOW to minimise risk tomorrow?


Why are insurers ignoring the facts?

Why are they still trying to predict the future using incomplete data, assumptions and flawed models?

Read more of this post