Rocket-Powered Data Science

OCTOBER 16, 2020

While there has been accelerating interest in implementing AI as a technology, there has been concurrent growth in interest in implementing successful AI strategies. senior executives across eight industries: agriculture, banking, exhibitions, government, healthcare, insurance, legal, and science/medical. organizations. (e)

Strategy 198

Strategy Insurance Snapshot Digital Transformation 198

IBM Big Data Hub

JUNE 23, 2023

Although interest rates have increased at an unprecedented rate over the past year due to efforts by central banks to curb inflation, insurers are locked into low-yielding investments, and it will take several years for their investment yields to improve. Core modernization (processes and technology) is a top priority for every insurer.

Insurance 60

Insurance Cost-Benefit Digital Transformation Marketing 60

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

Cloudera

FEBRUARY 18, 2021

Almost a year into the pandemic, the accelerated digital transformation has begun to feel less abrupt and more sustained. 2021 looks likely to be defined by a new phase: Thriving on digital transformation, rather than just surviving through it. . Trend #1: Expanded Use of ML/AI as Part of Digital Acceleration.

Insurance 105

Insurance Digital Transformation Risk Data-driven 105

bridgei2i

JULY 8, 2020

PODCAST: COVID 19 | Redefining Digital Enterprises. Episode 10: COVID-19 | Evolving Trends of Digital Transformation. COVID-19 | Evolving Trends of Digital Transformation. My name is Vignesh, and I help companies succeed in their AI-enabled digital transformation. Listening time: 12 minutes.

Digital Transformation 132

Digital Transformation Enterprise Insurance Risk 132

CIO Business Intelligence

OCTOBER 18, 2023

Dutch insurance and asset management company Nationale-Nederlanden, part of the NN Group, has a presence in 19 countries and serves several million retail and corporate customers. According to Nationale-Nederlanden deputy general manager and CTO David Vaquero, the company’s digital transformation and evolution is continuous.

Digital Transformation 121

Digital Transformation Insurance Interactive Sales 121

Cloudera

APRIL 7, 2021

Insurance carriers have a unique opportunity: They have access to powerful technologies and a wealth of information that can help them to better understand their customers and provide an enhanced customer experience. . In a March 2021 poll by Celent , “improving customer experience” was identified as the top focus (63%) for insurers.

Insurance 57

Insurance Digital Transformation Internet of Things IoT 57

IBM Big Data Hub

JANUARY 15, 2024

Enterprises now recognize the importance of leveraging innovative technologies to drive digital transformation and achieve cost efficiency. The path of digital transformation is fraught with challenges. As an insurance company integrating technology into the new development landscape, BoB-Cardif Life Insurance Co.,

Digital Transformation 74

Digital Transformation Insurance Optimization ROI 74

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

APRIL 12, 2022

When the COVID-19 pandemic hit, it shook every industry to the core, but especially and dramatically affected health insurers. Deluged with calls and questions about rapidly changing health guidelines and coverage, insurers had to quickly revamp their systems to provide updated information.

Insurance 52

Insurance Technology Management Cost-Benefit 52

bridgei2i

APRIL 16, 2020

Insurance firm Swiss Re faced a $250m (approximately £215m) loss if the event was canceled instead of being delayed. Nonetheless, the firm faces “mid-three-digit” exposures from other event cancellations. The insurance industry —which, in the US alone, accounts for $1.2 Rise in Claim backlogs/ Rejections.

Insurance 71

Insurance Sales Digital Transformation Machine Learning 71

CIO Business Intelligence

JANUARY 3, 2024

AI First in the Contact Center IBM Consulting and Amazon Web Services (AWS) are working together to bring an AI-first strategy to contact center transformation. To achieve this, Bouygues Telecom needed a unified, integrated, and flexible cloud strategy that supported various AI providers and solutions. Digital Transformation

B2B 117

B2B Insurance Consulting Cost-Benefit 117

Cloudera

MARCH 25, 2021

The protection and controls around data become increasingly complex when used in the context of banking and insurance activities. Personal and confidential information carries heightened sensitivity in the light of financial, health and insurance activities. Financial institutions and insurers understand the benefits of more data.

Data Strategy 64

Data Strategy Strategy Enterprise Insurance 64

CIO Business Intelligence

FEBRUARY 16, 2024

Vipul Nagrath, who was global CIO of ADP during the company’s early embrace of the cloud, spearheaded ADP’s companywide digital transformation, which started in earnest five years ago fueled by the company’s hybrid cloud. There’s a brand-new wave of digital transformation that’s coming,” he says.

Digital Transformation 114

Digital Transformation Experimentation Cost-Benefit Machine Learning 114

CIO Business Intelligence

NOVEMBER 16, 2023

In a career spanning such companies as IBM, KeyCorp, M&T Bank, and BMO, she has “answered the call” many times, most recently as CIO of The Hartford, where she is responsible for the overall strategy, vision, and execution of business technology, cyber, data analytics, and data science. Can you expand on that?

Insurance 125

Insurance Enterprise Risk Digital Transformation 125

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. In October, Software AG launched Streamsets and webMethods as its Super Ipaas business.

Software 104

Software Digital Transformation Contextual Data Insurance 104

CIO Business Intelligence

NOVEMBER 8, 2023

For companies whose business units have traditionally operated independently, centralizing IT operations under one strategy can reap significant benefits — especially when it comes to offering a holistic customer experience and establishing a unified data foundation for leveraging the latest emerging technologies.

IT 118

IT Insurance Machine Learning Cost-Benefit 118

CIO Business Intelligence

FEBRUARY 21, 2024

The company was in the final stages of refreshing our business strategy; in September 2021, we spun off from Prudential plc to become an independent public company. Our strategy was to accelerate our core competencies to position ourselves and our brand in the market. What is the strategy you eventually developed?

Scorecard 102

Scorecard Insurance Strategy Digital Transformation 102

CIO Business Intelligence

MARCH 18, 2024

We’re at a critical time for digital transformation. Digital operational resilience testing : Sets out guidance for testing of existing recovery strategies to identify potential vulnerabilities. While it’s an EU policy with ramifications for EU businesses, the impact will undoubtedly affect businesses worldwide.

Risk Management 107

Risk Management Insurance Risk Testing 107

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 121

IT Insurance Recreation/Entertainment Consulting 121

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 127

IT Insurance Digital Transformation Technology 127

CIO Business Intelligence

FEBRUARY 23, 2024

Generative AI takes a front seat As for that AI strategy, American Honda’s deep experience with machine learning positions it well to capitalize on the next wave: generative AI. The key to a successful AI strategy, in part, is the quality and cleanliness of both structured and unstructured data, he says.

IT 122

IT Manufacturing Unstructured Data Strategy 122

Alation

JULY 26, 2021

Beginning a digital transformation journey in a big organization can feel daunting. During my time as a data specialist at American Family Insurance, it became clear that we had to move away from the way things had been done in the past. About American Family Insurance. American Family Insurance, or AmFam, is a U.S.-based

Insurance 98

Insurance Digital Transformation Enterprise Data Governance 98

CIO Business Intelligence

FEBRUARY 16, 2024

Today, it is not enough just to innovate within one’s own vertical; to truly exploit the power of GenAI to transform workflows and drive competitive advantage, CIOs need to look outside their own organizations to get the scale, domain expertise, and speed required to develop fully integrated solutions.

Strategy 134

Strategy Insurance Digital Transformation Enterprise 134

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. With the rise of generative AI comes an influx of data.

Digital Transformation 91

Digital Transformation Insurance Enterprise Data-driven 91

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 96

Insurance Digital Transformation Data Processing Machine Learning 96

CIO Business Intelligence

MARCH 8, 2023

If digital transformation was about driving fundamental change within the company, then its next chapter will be far more outward-looking. This is about being digital-first: to build digital businesses that are viable and sustainable in the long term. But what does it mean to be a digital business? Maria Beatriz A.

Enterprise 95

Enterprise Digital Transformation Insurance Strategy 95

Cloudera

DECEMBER 11, 2020

COVID-19 has forced virtually every industry to embrace an acceleration in digital capabilities. While it can be argued that digital transformation was already underway; it’s hard to dispute that it has accelerated in recent months. Insurance and finance are two industries that rely on measuring risk with historical data models.

Insurance 91

Insurance Digital Transformation Unstructured Data Machine Learning 91

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.

Software 126

Software Enterprise Digital Transformation Insurance 126

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. He has assisted the top management in planning IT strategies and leveraging technologies for rationalizing manpower, enhancing organizational productivity, and improving the efficiency of operations.

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

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 140

Digital Transformation Strategy Technology Enterprise 140

CIO Business Intelligence

JANUARY 11, 2023

Responding to both old and new challenges, IT leaders must reassess their business and technology strategies and, when necessary, realign them to address rapidly evolving business and economic concerns. 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

CIO Business Intelligence

SEPTEMBER 11, 2023

When it comes to fostering digital literacy in the C-suite, Michael Seals literally wrote the book. In tandem with his job as chief digital officer and senior vice president of strategy at Hussman, Seals got a Ph.D. in business administration and wrote his dissertation on digital acuity and intelligence in “incumbent companies.”

Digital Transformation 135

Digital Transformation ROI Strategy Technology 135

CIO Business Intelligence

AUGUST 14, 2023

The CIO of transportation and logistics company Werner Enterprises has spent the bulk of his career doing full-blown transformation projects that often took two or three years to complete and ended up being a “massive, monolithic platform.” Here’s how IT leaders are embracing a quick-win, cumulative approach to digital transformation.

IT 88

IT Insurance Digital Transformation Broadcasting 88

CIO Business Intelligence

NOVEMBER 8, 2023

Danielle Phaneuf, partner, Cloud & Digital Strategy at PwC, says that inflation will probably be the leading threat to business for at least the next six months — an assertion 40% of CEOs agreed with in PwC’s 2023 CEO Survey. But it’s a long-game strategy: That cycle can take 10 years to play out, he says. Here’s how.

IT 129

IT Cost-Benefit Digital Transformation Software 129

CIO Business Intelligence

JUNE 9, 2022

DPM makes digital transformations easier. Many organizations have tried digital transformations, but few initiatives fulfilled the promise. However, almost nine-tenths of respondents, 89%, said DPM makes digital transformation easier. Developers understand how their work contributes to top-level strategies.

Management 82

Management Digital Transformation Insurance Software 82

CIO Business Intelligence

MARCH 22, 2023

Multinational insurance and finance corporation AIA New Zealand’s dream is to help make the country one of the healthiest and best protected nations in the world. As New Zealand’s largest life insurer and leading health insurer, our purpose is to help New Zealanders live longer, healthier lives,” he says.

Insurance 95

Insurance Digital Transformation Technology Finance 95