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

NOVEMBER 16, 2023

She also shared some of the lessons she’s learned about taking risks, navigating complexity, fostering an innovative culture, and creating significant impact across the business. 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.

Insurance 120

Insurance Enterprise Risk Digital Transformation 120

bridgei2i

JUNE 2, 2020

PODCAST: COVID 19 | Redefining Digital Enterprises. Episode 7: The Impact of COVID-19 on Financial Services & Risk. The Impact of COVID-19 on Financial Services & Risk Management. Despite these pressing concerns, COVID-19 has accelerated digital transformation. Management. Listening time: 12 minutes.

Risk Management 128

Risk Management Risk Enterprise Management 128

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. People will be more risk-averse than they were during the pandemic, so let’s not allow those big public processes to push us back into traditional ways of working.

Insurance 94

Insurance Digital Transformation Interactive Risk 94

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

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 84

Digital Transformation Insurance Enterprise Data-driven 84

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. They weren’t communicating enough and it cost them a lot,” he says.

IT 123

IT Cost-Benefit Digital Transformation Software 123

IBM Big Data Hub

MARCH 20, 2024

Organizations in the financial services, healthcare and other regulated sectors must place an even greater focus on managing risk—not only to meet compliance requirements, but also to maintain customer confidence and trust. Similarly, in the U.S.

Risk Management 73

Risk Management Risk Enterprise Business Services 73

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 48

Risk Management Insurance Cost-Benefit Risk 48

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 128

Strategy Insurance Digital Transformation Enterprise 128

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. Based in Mumbai, Dhanda will oversee IT and digital functions for the company. March 2022.

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 B2B Digital Transformation Insurance 98

Cloudera

JUNE 13, 2023

The bank offerings include standard deposit and lending services, credit cards, wealth management, agribusiness finance and insurance, and foreign exchange services for other financial institutions. In 2021, ANZ Bank unveiled its strategy to drive digital transformation, increase their speed to market and become more agile.

Data-driven 77

Data-driven Analytics Insurance Big Data 77

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

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 134

IT Cost-Benefit ROI Digital Transformation 134

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 124

Digital Transformation Data-driven Technology Advertising 124

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 133

Digital Transformation ROI Strategy Data Science 133

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. The losers will stick to the status quo , opting for the old way of doing things to avoid risking a perceived small loss from making an investment in better data and systems.

Digital Transformation 55

Digital Transformation Data mining Strategy Insurance 55

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. CIOs in organizations already with ESG maturity adopt data management, ESG reporting, and risk tools.

Consulting 88

Consulting Insurance Cost-Benefit Finance 88

IBM Big Data Hub

FEBRUARY 14, 2024

Not only will this help scale the AOT tech across markets, but it will also help tackle integrations including additional languages, dialects and menu variations. AIOps is one of the fastest ways to boost ROI from digital transformation investments. ML can also conduct algorithmic trading without human intervention.

Cost-Benefit 82

Cost-Benefit Insurance Unstructured Data Machine Learning 82

bridgei2i

JUNE 30, 2020

I collaborate with multiple stakeholders across many global CPG companies, enabling high impact business transformation strategies and guiding them in their analytics journey. He leads solutions, delivery, and product marketing across customer intelligence, digital analytics, marketing effectiveness, and customer experience analytics.

Enterprise 98

Enterprise Technology Digital Transformation Manufacturing 98

CIO Business Intelligence

JUNE 7, 2022

It is frequently used for risk analysis. It can be used to reveal structures in data — insurance firms might use cluster analysis to investigate why certain locations are associated with particular insurance claims, for instance. This has the added benefit of often uncovering hidden patterns. Data analytics examples.

Data Analytics 129

Data Analytics Diagnostic Analytics Management Analytics 129

CIO Business Intelligence

MAY 16, 2023

To gain perspective, Iron Mountain sponsored research by Quadrant Strategies, which used digital listening technologies to study public online conversation trends among enterprise decision-makers. Gaming: Companies behind popular video games argue that their virtual worlds are the closest thing resembling a “metaverse” on the market.

Advertising 86

Advertising Recreation/Entertainment Experimentation Enterprise 86

Decision Management Solutions

DECEMBER 17, 2021

In the recent McKinsey article discussing designing next-generation credit-decisioning models they outlined four best practices for automated credit-decisioning models for banks as they continue their digital transformations. Digital lending based on high-performance credit-decisioning models, says McKinsey, lead to: Increased revenue.

Modeling 52

Modeling Experimentation Visualization Risk 52

IBM Big Data Hub

DECEMBER 1, 2023

Insurers struggle to manage profitability while trying to grow their businesses and retain clients. Large, well-established insurance companies have a reputation of being very conservative in their decision making, and they have been slow to adopt new technologies.

Insurance 97

Insurance Digital Transformation Unstructured Data Risk 97

CIO Business Intelligence

OCTOBER 9, 2023

Renganathan is keenly aware that to do so requires not only investing in technology to digitally transform its processes but also practicing the principle of “people helping people,’’ and balancing the ability to innovate and grow with achieving efficiencies. Internally, we say, ‘Let’s perform while we transform,’’’ Renganathan says.

Strategy 135

Strategy Technology Experimentation Testing 135

CIO Business Intelligence

MARCH 24, 2022

“I’m a banking technologist,” says the CIO for retail, business, and digital banking at M&T Bank. But it is safe to say that Sonnenstein understands something about investment risk and when it’s time to double down on a strong hand. billion, only 3% of the worldwide server market in terms of vendor revenue.

Strategy 144

Strategy Marketing Testing Software 144

Cloudera

AUGUST 22, 2021

Cloudera recently appointed a Cloud Director for Asia Pacific (APAC), Stevie Walsh, to help drive our hybrid and multi-cloud offerings in the region, supporting our customers in accelerating their digital transformation journey. I’d say the main differences lie in the individual market and industry nuances.

Cost-Benefit 105

Cost-Benefit Strategy IoT ROI 105

Ontotext

APRIL 3, 2024

Aurelije Zovko : For me, it is a digital transformation. This ties in with the point about digital transformation as well as with making sure data-centricity is at the root of our approach. Nimit Mehta : You are talking about the three big ones: cost, revenue, and risk. How do I make sure I can manage risk?”

Technology 59

Technology Risk Digital Transformation Measurement 59

bridgei2i

MAY 26, 2020

And over the past few weeks, on our AI to Impact podcast, we’ve been chatting with reputed AI & analytics leaders, digital transformation advisors and BRIDGEi2i business heads to gather their point of view on the current crisis challenges that enterprises are facing and some strategies to manoeuvre the COVID-19 situation.

Enterprise 131

Enterprise Management Forecasting Manufacturing 131

Sisense

NOVEMBER 5, 2020

In The Future of Work , we explore how companies are transforming to stay competitive as global collaboration becomes vital. HR departments around the world are embracing digital transformation to reshape business operations and address their future needs in an ever-evolving work world. Evolve to correlate data across systems.

People Analytics 85

People Analytics Analytics Digital Transformation Metrics 85

CIO Business Intelligence

APRIL 25, 2022

When Darren Person joined market research company The NPD Group as global CIO three years ago, he wanted to know how things at the company operated at the ground level. That person is now a Scrum master at a major insurance company. Darren Person The NPD Group. Andrew Palmer. Liberty Mutual.

IT 112

IT Insurance Cost-Benefit Reporting 112

Alation

FEBRUARY 13, 2020

We also have some primary insurance entities in the group, but the main thing about reinsurance is that we’re taking care of the big and complex risks in the world. Andreas Kohlmaier : Data has always been a core thing that our business users have worked with for more than one hundred years to really understand risk.

Data-driven 52

Data-driven Data Lake Enterprise Analytics 52

CIO Business Intelligence

APRIL 24, 2024

That means using the technology to improve a company’s marketing, sales, customer success, and RevOps: the process of aligning all three operations across the full customer life cycle in a way that drives growth, improves efficiency, and breaks down silos. Revenue leaders embracing AI The interest is there on the business side.

Sales 124

Sales Finance Experimentation Cost-Benefit 124

CIO Business Intelligence

SEPTEMBER 20, 2023

With 90 years of history, Mapfre is one of the giants of the Spanish insurance sector. And in charge of the group’s technological strategy and digitalization processes is global CIO Vanessa Escrivá. This is a strategy of some complexity, based on three pillars: digitalization, insurance platform as a service, and data.

Modeling 93

Modeling Insurance IT Cost-Benefit 93