This is second half of a pair of blogs about innovation in insurance, for part one, click here.

To take the launch metaphor a step further, consider President Kennedy’s audacious vision, outlined in a speech in 1961, to land an American on the moon by the end of the decade. Was this inspirational leadership in action? No question. But President Kennedy also had to scare up $100 billion or more, in 2013 dollars, to make the vision a reality. One could argue that the vision was the easy part of that effort.

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