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Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

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Page 1: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

Telling the Story of Insurance in a

DigitalWorld

John C. MillenThe Reputation Group

Annual MeetingSeptember 1, 2015

@johnmillen#OIIAnnual

Page 2: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

Storytelling in a

DIGITAL WORLDThe Reputation Group

Page 3: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

% of U.S. Adults Using Social Media

72 %

The Reputation Group

31 %

28 %

25 %

23 %Pew Research Center 2015

Page 4: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

AGENDA:

• The power of storytelling• Why tell the P&C insurance

story?• You as the storyteller • Collecting great stories• How to tell your story

The Reputation Group

Page 5: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

The Power of Storytelling

The Reputation Group

Page 6: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

Human Beings are Hardwired

For Stories

The Reputation Group

Page 7: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

22 TimesJennifer Aaker, ProfessorStanford Graduate School of Business

Stories Make DataMore Memorable

Page 8: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

Why Tell the Story of P&C Insurance?

Page 9: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

TRUST

The Reputation Group

Page 10: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

The Stories of P&C Insurance

The Reputation Group

Page 11: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

#FAIL

The Reputation Group

Page 12: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

Left Brain - Right Brain

Credit: chickensaresocute via ccThe Reputation Group

Page 13: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

The Reputation Group

LEADERS

BUSINESS UNITS

TEAMS

PROFESSIONALS

P & C Insurance Industry

Page 14: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

An effective leader, as she makesthe rounds at her organization,must ask one—and only one—question: ‘Got any goodstories?’

Tom PetersLeadership

The Reputation Group

Page 15: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

P&C INDUSTRY SUCCESS

• Convince & train leaders: CEO Chief Storyteller

• Create storytelling company cultures

• Promote storytelling by all industry associates in business and personal networks

The Reputation Group

Page 16: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

The Reputation Group © 2015 Reputation Group LLC

Page 17: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

You as the Storyteller

The Reputation Group

Page 18: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

First Impressions

Perception = Reality

YOUR DIGITAL BRAND

The Reputation Group

Page 19: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

Your Digital Resume

The Reputation Group

Page 20: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

Reputation is whatpeople say about youwhen you’re out of the room.

Jeff BezosAmazon

The Reputation Group

Page 21: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

IMPORTANT RELATIONSHIPS

INVESTORS FRIENDS

OTHERS?

EMPLOYERS

EMPLOYEES CLIENTS

REGULATORS

FAMILY

The Reputation Group

Page 22: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

EXERCISE:

Who Are You?

The Reputation Group

Page 23: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

AgreeableAmbitiousAmusingBraveCalmCarefulCharmingCommunicativeConsiderateCourageousConscientiousDiligentDecisiveDeterminedEasygoingEmotionalEnergeticEthicalForcefulFriendlyFunnyGenerousGoodHard-working

HonestImpartialIndependentIntelligentIntellectualKindLovingLoyalModestNeatNiceOptimisticPassionatePatientPositivePowerfulPracticalProactiveQuietReservedSelf-confidentTrustworthyToughStraight forward

AggressiveAloofBelligerentBitchyBoastfulBoringBossyCarelessCompulsiveCruelCunningCynicalDetachedDishonestDomineeringFinickyFlirtatiousFoolishGreedyGrumpyHarshImpatientImpoliteImpulsive

InconsiderateInconsistentIndecisiveIndiscreetIntolerantIntrovertedIrresponsibleMeanMoodyNastyNegativePatronizingPessimisticPompousQuick-temperedRudeRuthlessSarcasticSecretiveSelf-centeredSneakyStupidSuperficialThoughtless

Page 24: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

The Reputation Group

Page 25: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

Passion Integrity

FunThe Reputation Group

Page 26: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

Collecting Great Stories

The Reputation Group

Page 27: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

Company StoriesDevelop a Disciplined Storytelling Culture• Ask• Capture • Observe• Prioritize• Tell, tell, tell

The Reputation Group

Page 28: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

Your Stories

Develop a Mindset• Review• Record• Observe• Brand • Tell, tell, tell

The Reputation Group

Page 29: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

EXERCISE:

What’s Your

Story?The Reputation Group

Page 30: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

How to Tell Your Story

The Reputation Group

Page 31: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

Story Structure1. Set up2. Protagonist3. Objective4. Challenges5. Success

The Reputation Group

Page 32: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

Structure:1. Set up2. Protagonist3. Objective4. Challenges5. Success

The Reputation Group

Page 33: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

Structure:1. Set up2. Protagonist3. Objective4. Challenges5. Success

The Reputation Group

Page 34: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

Structure:1. Set up2. Protagonist3. Objective4. Challenges5. Success

Elmer’s Story

Credit: Weathered via ccThe Reputation Group

Page 35: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

EXERCISE:

Tell Your Story

The Reputation Group

Page 36: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

• LISTEN• CAPTURE• TELL

The Reputation Group

STORYTELLING NEXT STEPS

Page 37: Telling the Story of Insurance in a Digital World John C. Millen The Reputation Group Annual Meeting September 1, 2015 @johnmillen #OIIAnnual

QUESTIONS& COMMENTS?

The Reputation Group

John Millen (614) 282-4141 [email protected]