Insurance What-If? Tool
Insurance Industry Business Acumen Short-Course
Help your team better understand the impact that their decisions have on the company’s financials.
Over a half day, this fun and engaging finance exercise immerses your team in multiple business scenarios focused on a selected set of variables that can be manipulated to quickly display a projected, multi-year business result shown in familiar company metrics.
At the center of this “Learn by Doing” short course is What-If Tool! exercise. Participants will be immersed in a learning activity unlike any they have experienced before. Research confirms that adults understand and retain new concepts better when they are actively engaged in the learning process.
This half day class is designed to:
- Provide a “Total Business” perspective on decision-making
- Provide an overview of the key financial reports
- Understand how decisions in one function impact the entire business
And they’ll walk out of the course speaking the language of business.
“We used the PriSim® Insurance ChallengeTM simulation as the basis to get our folks motivated to take a more strategic approach to our business and to their local marketplace… and it works!!! Our folks came away feeling more empowered and with a better appreciation of strategic actions they can put in place to really make a difference. As for the insurance simulation, PriSim® has been able to build a simulation which is easy to operate, yet confronts participants with challenges faced by today’s managers — unending market complexity, massive amounts of business information, and urgent decision time-frames.”
– Director, Marketing and Sales, May 2006