bridgei2i

NOVEMBER 25, 2020

Automated Sales & Underwriting Strategies can Transform Insurance. One of the major repercussions of the COVID-19 pandemic in financial sectors has been the increase in awareness about insurable risks across categories and markets. Images 1: Challenges before insurance industry in the post-Corona world.

Insurance 52

Insurance Sales Strategy Digital Transformation 52

bridgei2i

OCTOBER 7, 2020

Adoption of Automated Sales & Underwriting Strategies can Transform Insurance. The insurance industry—which, in the US alone, stands at $1.2 trillion, is seeing the volume of insurance transactions growing every year. In days ahead, digital transformation will be the saviour and guide of the industry.

Insurance 52

Insurance Sales Strategy Digital Transformation 52

bridgei2i

MAY 4, 2020

Episode 4: COVID-19 | Implications and Impact on Insurance Industry. COVID-19 | Implications and Impact on Insurance Industry. In this episode, Anirban Chaudhury talks about how insurers the world over are grappling with new and unprecedented challenges to balance high financial losses, increasing new premiums, and rising claims.

Insurance 95

Insurance Enterprise Sales Digital Transformation 95

CIO Business Intelligence

DECEMBER 18, 2023

As businesses speed up their digital transformation, solutions for application and data integration become key for modernizing applications and deploying AI effectively throughout the enterprise, IBM said in a news release announcing the deal. IDC predicts the worldwide integration software market will exceed $18.0 1,” IBM said.

Software 105

Software Digital Transformation Contextual Data Insurance 105

CIO Business Intelligence

NOVEMBER 8, 2023

As such, Kay’s biggest challenge in setting the stage for her digital ambitions — and one that has involved the entire C-suite — has been unifying the IT operations of Principal Financial’s individual businesses units in order to develop an enterprise-wide data foundation and cloud architecture on which to build its next-generation services.

IT 124

IT Insurance Machine Learning Cost-Benefit 124

CIO Business Intelligence

NOVEMBER 16, 2023

Deepa Soni: We strongly believe that enterprise agility and speed-to-market are key competitive advantages, and they’re a key tenant of our objectives. As we think about our next step change in driving business outcomes and competitive advantage for The Hartford, it is really our AI-led transformation. Can you expand on that?

Insurance 128

Insurance Enterprise Risk Digital Transformation 128

CIO Business Intelligence

JANUARY 29, 2024

With IT increasingly driving new initiatives in concert with key business partners, there’s opportunity for technology leaders to nurture an organizational identity that keeps everyone razor-focused on digitally transforming the business in pursuit of strategic goals. Patience and staying power on strategy is really key.”

IT 128

IT Insurance Digital Transformation Technology 128

CIO Business Intelligence

JUNE 22, 2023

While Silicon Valley still pays top dollar for IT pros, the war for talent has moved beyond the technology industry, with other verticals vying for talented IT workers who have the skills to enable digital transformation, process improvement, change management, and the development of apps and services.

IT 122

IT Insurance Recreation/Entertainment Consulting 122

CIO Business Intelligence

JANUARY 19, 2023

As companies shift their focus from the digital transformation of individual processes to the business outcomes enabled by a digitally transformed organisation, software engineering will become a core enterprise capability. When it comes to container-related technologies, only 30% are using OSS.

Software 137

Software Enterprise Digital Transformation Insurance 137

CIO Business Intelligence

AUGUST 19, 2022

The traditional in-person process of insurance agents meeting with prospective customers to discuss policies, sign paperwork, and load it into the company’s client/server system came to a complete halt. Because we are an insurance company, what we are is a promise on a piece of paper,” says then-CIO Richard Gilbert. “We

Insurance 98

Insurance Digital Transformation Data Processing Machine Learning 98

CIO Business Intelligence

MARCH 8, 2023

The effects are still being felt and in Northern Ireland specifically, ongoing political instability is further complicating approaches to digital transformation. And those people aspects of that technology portfolio must be our focus over the next few years as we carry on this digitization journey in health and care.

Insurance 98

Insurance Digital Transformation Interactive Risk 98

IBM Big Data Hub

NOVEMBER 20, 2023

In 2023, organizations have faced an unprecedented level of pressure to digitally transform with the rise of generative AI as well as imperatives such as sustainability, labor productivity and security. For highly regulated industries that are tasked with safeguarding critical data, there’s a lot on the line.

Digital Transformation 94

Digital Transformation Insurance Enterprise Data-driven 94

CIO Business Intelligence

FEBRUARY 21, 2024

Our strategy was to accelerate our core competencies to position ourselves and our brand in the market. As a company, Jackson is a hybrid of financial services and insurance focused on the retirement income market. However, it’s the convergence of these digital and data capabilities that’s truly transformative.

Scorecard 105

Scorecard Insurance Strategy Digital Transformation 105

Rocket-Powered Data Science

OCTOBER 16, 2020

Some market estimates anticipate that AI will contribute 16 trillion dollars to the global GDP (gross domestic product) by 2030. senior executives across eight industries: agriculture, banking, exhibitions, government, healthcare, insurance, legal, and science/medical. But it was not just a snapshot on the state of AI in 2020.

Strategy 198

Strategy Insurance Snapshot Digital Transformation 198

CIO Business Intelligence

FEBRUARY 16, 2024

In banking and financial services applications, for example, GenAI solutions are being developed to analyze customer data, market data, economic trends, and more to help support highly personalized insights and guidance. This can be particularly challenging in heavily regulated industries such as healthcare, insurance, and finance.

Strategy 138

Strategy Insurance Digital Transformation Enterprise 138

CIO Business Intelligence

JANUARY 11, 2023

As technology projects, budgets, and staffing grew over the past few years, the focus was on speed to market to maximize opportunity, says Troy Gibson, CIO services leader at business and IT advisory firm Centric Consulting. At Schneider Electric, we’re focused on transforming our sales tracking processes as well as HR,” Hackenson says.

Digital Transformation 145

Digital Transformation Cost-Benefit Consulting Enterprise 145

Timo Elliott

JANUARY 5, 2022

Yves Lombaerts, Sales Manager for the Belgian market, picked up our Global Innovation Evangelist Timo Elliott for an interesting ride to SAP’s offices in Brussels. Yves: When you look at Belgium in particular, do you notice some differences between our market and other countries? Timo: Yes. You can create something out of nothing.

Digital Transformation 115

Digital Transformation Machine Learning Enterprise Insurance 115

CIO Business Intelligence

MARCH 22, 2022

With more and more companies undertaking the journey of digital transformation, the role of the CIO has become critical. Roopesh Pujari has been promoted to CTO at marketing and advertising firm Publicis Groupe India. He will also plan and implement the company’s IT and digital strategy. March 2022. December 2021.

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

bridgei2i

MAY 20, 2020

Tourism and Hospitality are also largely affected, but in FS, insurance, and CPG, the impact is moderate. But because of COVID-19, digital transformation is helping B2B models trying to replicate successful B2C models. So, there are areas which are moderately affected, you know, take financial services, insurance, and CPG.

Enterprise 98

Enterprise Digital Transformation B2B Insurance 98

CIO Business Intelligence

FEBRUARY 13, 2023

Hot: AI and VR/AR With digital transformations moving at full throttle, and a desire to stay innovative, it should come as no surprise that use cases for virtual reality, augmented reality, and artificial intelligence continue to grow in several verticals. There are indications the voice market is slowing.

IT 145

IT Insurance Machine Learning Marketing 145

CIO Business Intelligence

APRIL 27, 2022

The NPHIES health information exchange platform, designed to unify patient care records for healthcare providers and optimise insurance services, is central to the digital transformation of healthcare in Saudi Arabia. Nesreen Elofi: A career in technology in the market nowadays is no longer applicable to programming only.

Insurance 52

Insurance Digital Transformation Measurement Technology 52

CIO Business Intelligence

JULY 26, 2023

The residential real estate industry may not be perceived to be as digitally aggressive as Wall Street titans and multinational manufacturing conglomerates. Augmenting real estate relationships with data Keller Williams, another leading residential player, also kicked off its digital transformation roughly seven years ago.

Data Lake 98

Data Lake Digital Transformation Machine Learning Data Architecture 98

CIO Business Intelligence

DECEMBER 5, 2023

But as digital transformation efforts have intensified in recent years, CIOs have had fewer opportunities to pause and reevaluate IT’s financial situation. Even as they recognize digital transformation as the primary driver of business growth, many CEOs expect IT to do it all while keeping budgets flat.

IT 138

IT Cost-Benefit ROI Digital Transformation 138

CIO Business Intelligence

OCTOBER 30, 2023

“I really do think about the two roles differently,” says Wiedenbeck, senior vice president and chief technology and transformation officer (CTTO) for the financial services and insurance company. “I I don’t think of it as an extension of the CIO job, but rather as a separate role to ensure we achieve transformation.

Digital Transformation 141

Digital Transformation Strategy Technology Enterprise 141

CIO Business Intelligence

APRIL 19, 2022

Vendors, by making indistinguishable claims about digital transformation and process automation, suggest similar outcomes. But the market demands something more, in the form of end-to-end automation capabilities that push beyond efficiency into other outcomes such as innovation, growth, and true business resiliency.

Digital Transformation 111

Digital Transformation Insurance ROI Business Objectives 111

CIO Business Intelligence

JUNE 16, 2022

Its system, called the Transformation Acceleration Platform, is designed to capture all types of workflows, but Arrayworks maintains a particular focus on insurance automation. Its Connected Insurance system offers customized workflows to speed up all aspects of insurance. NewgenONE Digital Transformation Platform.

Management 119

Management Insurance Software Digital Transformation 119

CIO Business Intelligence

NOVEMBER 1, 2022

So, for instance, it’s not surprising that retirees represent the largest growth segment in Israel’s insurance sector. Yet the system for claiming pensions through insurance companies is known to be slow and cumbersome. Digital Transformation, Innovation

Insurance 98

Insurance Digital Transformation Cost-Benefit Dashboards 98

IBM Big Data Hub

JANUARY 16, 2024

While high interest rates and inflation concerns are carrying over into the new year, financial services trends signal to prepare for major changes in real-time by staying up-to-date on all financial services-related matters, including in banking and capital markets sectors. One example of this is in insurance.

Risk Management 51

Risk Management Insurance Cost-Benefit Risk 51

CIO Business Intelligence

NOVEMBER 8, 2023

But strategically important digital transformations should be protected “because they set you up over time and create more flexibility and adaptability,” says Andrew Blau, MD and US leader, eminence and insights, at Deloitte Consulting. Also, sticking to your strategic digital transformation plans is paramount, says PwC’s Phaneuf.

IT 133

IT Cost-Benefit Digital Transformation Software 133

Corinium

JUNE 20, 2019

Over the last few years, there has been a lot of focus on Digital Transformation, which is not a new concept. In the last decade or so, the focus was on paperless offices, work place mobility, which is what I would classify as Digitization. The diagram above, shows these three components of the digital transformation.

Digital Transformation 186

Digital Transformation Data-driven Insurance ROI 186

IBM Big Data Hub

MARCH 20, 2024

To do this, it’s crucial that enterprises place an emphasis on operational resilience with the aim of maintaining stability, preserving market integrity and protecting confidential data for themselves and their customers. At IBM, we are committed to helping clients on this journey.

Risk Management 82

Risk Management Risk Enterprise Business Services 82

CIO Business Intelligence

DECEMBER 4, 2023

As the leader of IT, he may have his own big bets, such as digital transformation or artificial intelligence, he says. They could show us where we have the opportunity to improve our go-to-market. Marketing worked with IT to design this communication plan, and the delivery teams sent the message to their clients.

Digital Transformation 126

Digital Transformation Strategy Technology Marketing 126

CIO Business Intelligence

APRIL 20, 2023

Food and water insecurity will increase, and energy systems, housing stock, insurance, and currency markets will all become more volatile—a worrying set of scenarios for business leaders and boards. Climate urgency also impacts CIOs themselves in their employment decisions, too. “I

Consulting 105

Consulting Cost-Benefit Insurance Finance 105

CIO Business Intelligence

AUGUST 24, 2022

In addition, in a tight talent market, IT must rely heavily on HR to gain an edge in recruiting and retaining valuable IT talent. The CIO plays a pivotal role in understanding the digital demands of HR to attract a global workforce, and the need to provide tech solutions [to meet] the needs of remote and hybrid team members.”.

Digital Transformation 126

Digital Transformation Data-driven Technology Advertising 126

CIO Business Intelligence

SEPTEMBER 11, 2023

Translating the CEO’s strategy Another legacy organization, 105-year-old The Teachers Insurance and Annuity Association of America (TIAA), has “a specific focus on elevating data and digital fluency” across the organization, says Sastry Durvasula, CIO and client services officer. “Our Rizwan, CIO of Z2C Ltd.,

Digital Transformation 135

Digital Transformation ROI Strategy Technology 135

CIO Business Intelligence

APRIL 19, 2022

In any market segment you care to look at, you will find that the market front-runners will be those that have an exceptionally good data mining capability. View the report: Making Hybrid IT Agile: Using Colocation and Networking to Drive Digital Transformation. This is known as data traction. Mining for gold. Thrivers v.

Digital Transformation 78

Digital Transformation Data mining Strategy Insurance 78

CIO Business Intelligence

APRIL 11, 2022

The CIO Awards recognises the best and brightest CIOs and technology leaders in the UK, celebrating their digital transformation achievements, and reflecting on themes and ideas which emerged from submissions. said Graeme Howard , CTIO of Covéa Insurance. The awards are respected by many senior IT leaders in the industry. “It

Insurance 52

Insurance Digital Transformation Data Processing Marketing 52