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What the insurance industry can learn from Netflix

Netflix owns no movies. Uber owns no cars. Airbnbowns no homes or hotels. But each is the most innovative and disruptive company in its industry because they own their marketplaces, they own the interfaces, and theyve made payment seamless. Its time for similar innovation in the employee benefits industry.

By Veer Gidwaney | Updated on November 11, 2015
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Photo: Paul Sakuma / Associated Press

Netflix, the fastest-growing entertainment company in America, owns no movies. Uber, the world’s largest taxi company, owns no cars. Airbnb, the world’s largest accommodations provider, owns no homes or hotels. 

But each is the most innovative and disruptive company in its industry because they own their marketplaces, they own the interfaces, and they’ve made payment seamless. It’s time for similar innovation in the employee benefits industry. 

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