New Case Study: Skandia Group Creating Shared Value in Sweden's Financial Sector
By applying a shared value lens, insurance companies can do more than just protect against risks. They can help prevent risks from occurring in the first place, while simultaneously creating economic value.
Skandia is a major provider of insurances and products for long-term savings and investments in the Nordics. Their development of a unique underwriting model and rehab services network enabled them to reduce preventable sick-leave time in Sweden, while dramatically improving their bottom line.
Companies in almost all industries can use similar strategies to make the business case for tackling social problems.