CIO Business Intelligence

FEBRUARY 20, 2024

Sensitive personal and medical information can be used in multiple ways, from identity theft and insurance fraud to ransomware attacks. These measures mandate that healthcare organisations adequately protect patient data, and that notification must be given in the event of a data breach. Generative AI

Risk 102

Risk Insurance Measurement Strategy 102

Decision Management Solutions

APRIL 23, 2019

In February, we published a blog post on “Using Technology to Add Value in Insurance”. In that post, I referenced Matt Josefowticz’s article – Technology May be the Answer for Insurers, but What Was the Question? , Insurers can also manage risk more effectively through continuous improvement.

Insurance 69

Insurance Risk Technology Management 69

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

OCTOBER 20, 2023

But home and automobile insurance company Allstate is taking a different approach. The result, Jeevanjee says, is a technology-driven business strategy “that’s a very empowering thing.” Allstate expects to be up and running in 10 states this year for automobile policies and 19 states for rental insurance. “We

Digital Transformation 136

Digital Transformation Insurance Recreation/Entertainment Machine Learning 136

Corinium

JUNE 6, 2019

I am the Chief Practice Officer for Insurance, Healthcare, and Hi-Tech verticals at Fractal. The Insurance practice is currently engaged with several top 10 P&C insurers in the US, across the Insurance value chain through AI, Engineering, Design & Behavioural Sciences programs.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

IBM Big Data Hub

JANUARY 15, 2024

As an insurance company integrating technology into the new development landscape, BoB-Cardif Life Insurance Co., As an insurance company integrating technology into the new development landscape, BoB-Cardif Life Insurance Co., Centering on customer value, the company prioritizes long-term development and innovation.

Digital Transformation 75

Digital Transformation Insurance Optimization ROI 75

CIO Business Intelligence

FEBRUARY 16, 2024

Building an effective GenAI strategy is about much more than launching a point solution or siloed group of tools that only work for one part of the business. In fact, there are five key areas CIOs need to consider when developing an enterprise GenAI strategy, all of which become much more achievable with the right partnerships in place.

Strategy 132

Strategy Insurance Digital Transformation Enterprise 132

CIO Business Intelligence

JANUARY 29, 2024

Wenhold has instituted a number of strategies to empower Power’s creator culture. Gray Nestor, EVP and CIO, Brown & Brown Insurance Brown & Brown Insurance “You have to be willing to give people feedback and examples on a regular basis to drive a different result,” Nestor says.

IT 126

IT Insurance Digital Transformation Technology 126

Smart Data Collective

JULY 11, 2022

As digital business strategies continue to evolve, the Chief Marketing Officer (CMO) must adapt their skills and knowledge to not only keep up, but get ahead. This is going to entail learning more about the benefits of data analytics and how they can be integrated into their overall marketing strategy. Social Media Marketing.

Data Analytics 132

Data Analytics Analytics Advertising Big Data 132

Smart Data Collective

OCTOBER 31, 2022

It often requires implementing multiple organizational strategies to safeguard company and consumer data. HIPAA – The Health Insurance Portability and Accountability Act (enacted in 1996) is a series of regulations for the healthcare industry to ensure that patient data remains private and secure. Is Your Business Compliant?

Internet of Things 116

Internet of Things IoT Risk Measurement 116

Rita Sallam

JUNE 2, 2023

Are there mitigation strategies that show reasons for optimism? For the vendors that participate in the Bake-Off and Show Floor Showdowns, it is in equal measure fun and extremely stressful. For most coastal countries, climate change and flooding are critical topics of policy and development strategies.

Optimization 52

Optimization Insurance Machine Learning Risk 52

IBM Big Data Hub

FEBRUARY 15, 2024

Meanwhile, insurance companies are increasingly declining to provide property insurance in areas vulnerable to extreme weather, leaving homeowners there at greater financial risk. These include ongoing mitigation strategies and targets for the reduction of greenhouse gas emissions, such as emissions of carbon dioxide and methane.

Insurance 66

Insurance Risk Strategy Risk Management 66

IBM Big Data Hub

APRIL 24, 2024

The Health Insurance Portability and Accountability Act (HIPAA) is a federal law that deals with how healthcare providers, insurance companies, and other businesses safeguard personal health information. Access control Strict access control measures can help prevent unauthorized access and use.

Risk 87

Risk Measurement Data Governance Insurance 87

IBM Big Data Hub

MARCH 20, 2024

Prioritizing operational resiliency In our view, the essence of operational resilience is an assumption that disruption is inevitable, and organizations must have measures in place to be able to absorb and adapt to any shocks. This includes cyber incidents, technology failures, natural disasters and more.

Risk Management 80

Risk Management Risk Enterprise Business Services 80

Smart Data Collective

JANUARY 19, 2023

Reasons for Cost Optimization Cost optimization is an important part of any organization’s DevOps strategy. Outsourcing developers can be more cost effective than managing an in-house team due to lower overhead costs such as equipment, licenses, insurance and office space.

Optimization 115

Optimization Cost-Benefit Software Measurement 115

CIO Business Intelligence

AUGUST 29, 2022

In a recent survey of 1,500 global executives, about three in four executives (78%) cite technology as critical for their future sustainability efforts, attesting that it helps transform operations, socialize their initiatives more broadly, and measure and report on the impact of their efforts.

Enterprise 82

Enterprise Internet of Things Measurement Finance 82

datapine

AUGUST 19, 2020

Inventory metrics are indicators that help you monitor, measure, and assess your performance – and thus, give you some keys to optimize your processes as well as improve them. Indeed, they help you drive the most effective behaviors, strategies, and decisions. Your Chance: Want to visualize & track inventory KPIs with ease?

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

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. It includes two main components: the insurance services and the clinical services (including unified health records).

Insurance 52

Insurance Digital Transformation Measurement Technology 52

Cloudera

DECEMBER 11, 2020

Insurance and finance are two industries that rely on measuring risk with historical data models. Insurance . In “ Re-thinking The Insurance Industry In Real-Time To Cope With Pandemic-scale Disruption,” Monique Hesseling describes how COVID-19 is transforming the insurance industry. Data Variety.

Insurance 91

Insurance Digital Transformation Unstructured Data Machine Learning 91

CIO Business Intelligence

JANUARY 19, 2024

As well as these regional standards, industry-specific frameworks like the Health Insurance Portability and Accountability Act (HIPAA) and payment card industry (PCI) compliance standards exist. Cybersecurity is becoming a key part of organizations’ overall business strategy. In the past, the CISO would mainly report to the CIO.

IT 116

IT Insurance Data Governance Measurement 116

CIO Business Intelligence

MARCH 8, 2023

In fact, 95% of CEOs globally already see the need to adopt a digital-first strategy. Firstly, digital businesses embrace a digital-first enterprise strategy led by the CEO and other C-suite executives. Adversalo of Malayan Insurance Co., But what does it mean to be a digital business? Maria Beatriz A.

Enterprise 93

Enterprise Digital Transformation Insurance Strategy 93

CIO Business Intelligence

SEPTEMBER 11, 2023

In tandem with his job as chief digital officer and senior vice president of strategy at Hussman, Seals got a Ph.D. Digital-first and data/AI are the two key pillars of TIAA’s business strategy and a core part of its broad tech transformation. At his company, anyway. He initiated the creation of a comprehensive operating model.

Digital Transformation 134

Digital Transformation ROI Strategy Technology 134

Smart Data Collective

MAY 29, 2022

The top industries that rely heavily on data analytics are Information Technology services, Manufacturing and Retail businesses, and Finance and Insurance companies. Data analytics makes marketing strategies successful. Marketing strategies can use the same method to understand consumer trends and behaviors.

Data Analytics 132

Data Analytics Analytics Strategy Insurance 132

Smart Data Collective

JANUARY 26, 2022

Usually, the legal space lacked the data to measure appropriately and report its findings. Legal analytics is the process of implementing data into your decision-making on topics affecting legal forms and attorneys, like legal strategy, a matter of forecasting, and resource management. Improved Insurance Claim Processing.

Data Analytics 73

Data Analytics Analytics Predictive Analytics Insurance 73

CIO Business Intelligence

OCTOBER 9, 2023

Tech leaders must focus on a business-aligned tech strategy to deliver on the competing mandates, Guarini says. “A A business-aligned technology strategy is built on architecture and agility, the ‘what’ and the ‘how’ of better alignment,’’ he explains. Innovation, IT Leadership, IT Operations, IT Strategy

Strategy 136

Strategy Technology Experimentation Testing 136

Smart Data Collective

JULY 26, 2023

Nevertheless, many companies have been reluctant to Harvard Business Review reports that only 30% of businesses have a data strategy. However, companies with data strategies are far more successful than those without. Additionally, evaluate how easy it is to use and how it integrates with other systems and security measures.

Data-driven 74

Data-driven Management Sales Big Data 74

Andrew White

OCTOBER 18, 2022

Measuring/reporting impact/success of D&A Governance 3. Data and Analytics Strategy 1. Insurance 1. Topic s (1-1s and other interactions): D&A Governance and/or MDM 5. D&A Governance specific to analytics (downstream) pipeline 3. Building/Starting a D&A Org/Practice 2. Becoming Data Driven 1. Consumer Goods 1.

IT 52

IT Insurance Manufacturing Interactive 52

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. IT Leadership, IT Strategy. How well teams execute will be key.” The following eight priorities are gaining the most attention.

Digital Transformation 145

Digital Transformation Cost-Benefit Consulting Enterprise 145

CIO Business Intelligence

JULY 3, 2023

We at Dayton, Ohio-based healthcare company CareSource have made interoperability investments an integral component of our IT strategy in order to drive quality healthcare outcomes for our members. Improving interoperability and eliminating roadblocks, however, is not an easy task.

IT 52

IT Measurement Interactive Insurance 52

CIO Business Intelligence

DECEMBER 4, 2023

CIOs today find themselves in a unique position to survey everything taking place across their organization, find opportunities, resolve conflicts, set priorities, and help shape strategy. How can a CIO use that unique vantage point to help mold strategy for their organization? Start with some of these steps.

Digital Transformation 123

Digital Transformation Strategy Technology Marketing 123

CIO Business Intelligence

APRIL 28, 2022

For automation projects to be a success, business leaders must sell the project internally, including selling the strategy to organizational leaders and the associated teams charged with implementation. Take insurance companies processing claims, for example: approval and successful payment is critical in retaining customers.

Cost-Benefit 86

Cost-Benefit Insurance Metrics Software 86

Alation

NOVEMBER 4, 2022

Yet other goals seem a little aspirational and harder to quantify, but that doesn’t mean they’re not measurable — or achievable. Examples include: Insurance : Competitive pressures from Insuretech providers mean more traditional insurance companies need to compete through better personalization and faster service.

Digital Transformation 52

Digital Transformation Cost-Benefit Insurance Machine Learning 52

CIO Business Intelligence

AUGUST 14, 2023

And when performed strategically in succession as Mahon has done at Werner, such quick wins can lead to much larger business transformation over time — with less big-bang disruption and change management thanks to measurable proof of enhancement along the way. Digital Transformation

IT 85

IT Insurance Digital Transformation Broadcasting 85

Octopai

DECEMBER 11, 2022

Insurance companies misvalued or misreported on insurance contracts (which, to be fair, are notoriously hard to compare with precision). They define how to measure market risk as regards how much capital reserve banks need to have to cover their trading activities. . Data lineage and insurance data compliance.

Insurance 52

Insurance Risk Metadata Reporting 52

CIO Business Intelligence

MAY 31, 2022

BPM tools provide organizations with a systematic approach to managing and optimizing their business processes by helping organizations design, model, implement, and measure workflows and business rules. RPA is a tool that can be used as part of a company’s BPM strategy. Business process management software and tools. BPM vs. RPA.

Enterprise 80

Enterprise Management Interactive Software 80

CIO Business Intelligence

JUNE 26, 2023

To succeed in their role, project managers must be adept at coordinating resources, managing budgets, measuring and tracking project progress, and communicating with team members and stakeholders. Another key strategy in advance of your interview is to conduct extensive research on the organization you are interviewing with.

Management 105

Management Risk Insurance Business Objectives 105

CIO Business Intelligence

MARCH 7, 2024

In my recent column, I delved into the challenges enterprises face in integrating AI into the workplace and outlined strategies for CISOs to monitor or control the use of AI effectively. Firewall capability for AI security: Enhance security measures by providing firewall capabilities to safeguard against potential AI-related vulnerabilities.

Digital Transformation 72

Digital Transformation Machine Learning Risk Testing 72