CIO Business Intelligence

APRIL 5, 2024

This year, lawmakers in the state are considering Senate Bill 2 , which would require organizations deploying AI for consequential “high-risk” decisions to develop risk management policies. You really can’t understand your risk posture if you don’t understand what AI tools you’re using,” she says.

Risk 127

Risk Interactive Insurance Strategy 127

CIO Business Intelligence

JUNE 22, 2022

AssuredPartners is a full-service insurance broker providing commercial insurance, risk management, and employee benefits. The company, which has more than 8,500 employees, plans to continue growing by acquisition, and consolidating the global insurance market.

IT 105

IT Insurance Cost-Benefit Risk Management 105

CIO Business Intelligence

APRIL 28, 2022

Its success is one of many instances illustrating how the financial services industry is quickly recognizing the benefits of data analytics and what it can offer, especially in terms of risk management automation, customized experiences, and personalization. . million in insurance fraud in just 7 months. .

Analytics 97

Analytics Insurance Big Data Uncertainty 97

CIO Business Intelligence

MAY 11, 2022

Commercial insurance is another critical risk-mitigation tool used to reduce operational risks. Organizations may acquire insurance to protect the tangible assets (e.g., BCM, enterprise risk management and internal audit must work together and apply uniform principles to their respective areas of responsibility.

Management 97

Management Testing Insurance Finance 97

CIO Business Intelligence

MARCH 22, 2022

At Fractal, Tiwari will be responsible for the company’s digital transformation and overseeing IT operations, cybersecurity, and risk management. . Prior to joining Fractal, Tiwari was senior vice-president and global CISO at Airtel, where he set up the managed security services initiative Airtel Secure for Business.

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

CIO Business Intelligence

MAY 9, 2022

Whether it is individuals or businesses, financial institutions or investors, regulators or insurers, everyone in the ‘economic community’ is aware making ethical decisions is no longer just ‘wokeness’—it makes good business sense too. The pandemic has only further strengthened this realization.

Insurance 94

Insurance Risk Risk Management Enterprise 94

CIO Business Intelligence

SEPTEMBER 29, 2022

New York-based insurance provider Travelers, with 30,000 employees and 2021 revenues of about $35 billion, is in the business of risk. Managing all of its facets, of course, requires many different approaches and tools to achieve beneficial outcomes, and Mano Mannoochahr, the companyâ??s

Machine Learning 134

Machine Learning Insurance Technology Software 134

CIO Business Intelligence

MARCH 13, 2024

At Gallagher, a global insurance brokerage, risk management, and consulting services firm, executive search practice managing director Tom Wilson says his team uses gen AI for research and written communications. The biggest gains were seen in people who received the lowest grades on their first task.

IT 128

IT Consulting Testing Cost-Benefit 128

Smart Data Collective

FEBRUARY 2, 2021

In the past, financial services such as insurance and banking were built on an inflexible, one-size-fits-all model, which meant not only that clients couldn’t get the services they needed, but also that people with low credit scores were rejected these services. Public services.

Big Data 85

Big Data Recreation/Entertainment Cost-Benefit Finance 85

CIO Business Intelligence

JUNE 26, 2023

Machine-managed risk Risk management is a top-of-mind issue for all financial services firms. Analytics powered by machine learning (ML) lets business leaders assess risk according to a wide variety of variables, many of which are not intuitively obvious.

Data-driven 98

Data-driven Insurance Risk Risk Management 98

CIO Business Intelligence

DECEMBER 7, 2022

Security tops the list According to this year’s State of the CIO survey , cybersecurity and risk management are the top investment areas for 45% of IT leader respondents. Megan Duty, VP of technology and project delivery, Puritan Life Insurance Company of America. We’re nowhere near the saturation point,” says IDC’s Minton.

IT 132

IT Insurance Cost-Benefit Risk Management 132

CIO Business Intelligence

MAY 9, 2022

Risk management practices such as in-person meetings for underwriting, determining creditworthiness, and signing loan documents shifted to online channels. Before the pandemic, large wealth management companies would take two to three weeks to onboard a customer. The same with applying for insurance and mortgage.

Digital Transformation 98

Digital Transformation Insurance Interactive Risk Management 98

CIO Business Intelligence

FEBRUARY 3, 2023

The Queen’s death brings e-commerce innovation Hobbs joined The Royal Mint in January 2020, bringing 20 years of experience from financial services, where he worked for Barclays Bank, Barclaycard, Lloyds Banking Group and Admiral Insurance.

IT 52

IT Experimentation Scorecard Digital Transformation 52

CIO Business Intelligence

MARCH 25, 2022

Policy makers around the world have been recognizing this heightened risk, which has been further amplified by the recent geopolitical tensions. The European Union (EU) has pulled together a proposal for a unified framework to regulate risk management for financial institutions. DORA’s Impact.

Finance 95

Finance KPI Risk IoT 95

CIO Business Intelligence

APRIL 22, 2022

It focuses on project management fundamentals, project management training, effective planning and scheduling, team building, risk management, crisis management, time management, leadership skills, communication strategies, and knowledge management. Requirements: No prerequisites.

Management 111

Management Cost-Benefit Testing Risk 111

Domino Data Lab

FEBRUARY 4, 2019

Eric’s article describes an approach to process for data science teams in a stark contrast to the risk management practices of Agile process, such as timeboxing. As the article explains, data science is set apart from other business functions by two fundamental aspects: Relatively low costs for exploration.

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

CIO Business Intelligence

APRIL 15, 2024

The senior vice president and chief information and strategy officer at National Life Group, has spent years executing a technology roadmap to modernize the insurance company. A smaller number (16% of IT leaders and 11% of LOB) sought out CIO consultation to help evaluate and advise on choices using a risk management or governance lens.

Digital Transformation 130

Digital Transformation Strategy Technology Enterprise 130

AWS Big Data

AUGUST 14, 2023

For example, an insurance company with a property and casualty legal entity in North America and a life entity in Germany may need to implement DPPM separately within each entity. Time-bound data products are considered as data-debt and should be managed accordingly.

Management 77

Management Risk Measurement Optimization 77

CIO Business Intelligence

APRIL 12, 2022

Even though Nvidia’s $40 billion bid to shake up enterprise computing by acquiring chip designer ARM has fallen apart, the merger and acquisition (M&A) boom of 2021 looks set to continue in 2022, perhaps matching the peaks of 2015, according to a report from risk management advisor Willis Towers Watson.

Technology 143

Technology Enterprise Consulting Software 143

Jet Global

NOVEMBER 15, 2021

For an organization to be successful in their tax function, they need to evaluate the performance of their tax function using a variety of KPIs and metrics, ranging from traditional KPIs such as effective tax rate, filing timelines, financial risk management, etc.; How to Compare Reporting & BI Solutions. Download Now.

Metrics 52

Metrics Reporting KPI Risk Management 52