Featured insights &
perspectives from TTE

Successfully implementing business strategies is a challenge across all industries. Nevertheless, insurance companies have shown a higher susceptibility to failures compared to other industries. According to our research, only 37% of larger projects within the insurance industry can be deemed successful. So, why is the success rate so low? Boutique consultancy TTE Strategy has partnered with trueLedger, the smart contracting platform for professional services, to analyse the factors contributing to success and the stumbling blocks faced by critical projects. Together, we have identified six root causes for failure and devised pragmatic actions to mitigate them, ensuring the successful delivery of projects and the return on their investments.