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Peak Preparedness: How Technology Allows Insurers to Manage Sudden Changes in Demand

CIO Business Intelligence

When the COVID-19 pandemic hit, it shook every industry to the core, but especially and dramatically affected health insurers. In addition, they faced an onslaught of claims and initial uncertainty about cost and payments for antibody testing, evolving treatments, and, later, vaccines.

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Global managed services to grow in 2024 as enterprise IT spending rises

CIO Business Intelligence

Although the total number of deals declined in 2023 compared to the previous year, the average deal size remained constant, the report said. The region (Western Europe) maintained strong growth despite various economic and geopolitical uncertainties. from 2023 to 2030,” Grand View Research said in one of its reports.

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Covid Data: An anomalous blip, or the new normal?

Cloudera

Insurance and finance are two industries that rely on measuring risk with historical data models. Security Magazine recently reported that Multi-cloud adoption grew by 70% year over year. Insurance . Data Variety. To facilitate risk modeling in this new normal, agility and flexibility is required.

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How manufacturers can unlock new value from existing data

CIO Business Intelligence

In an industry buffeted by constant pressure on margins, shifting trade patterns, and supply chain uncertainty, manufacturing companies are looking for any edge they can get. Vodafone Automotive developed an innovative program to help insurance companies tailor policies more precisely. The good news? Visit Cloudera to learn more.

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From Triage to Recovery: The New F&A Journey

Jet Global

Fortunately, the level of uncertainty has fallen considerably, as many businesses are beginning to re-open, albeit with some restrictions and under capacity restrictions. Real-time access to information ensures that reports reflect what is happening in the business currently, rather than providing a look back “through the rearview mirror.”.

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Transforming FSI in ASEAN with Cloud Analytics

CIO Business Intelligence

Much of this reluctance stems from the regulatory environment, arising from lengthy reviews and approvals processes, or even simple near-term regulatory uncertainty. . million in insurance fraud in just 7 months. . The Solution for Scale and Speed Lies in the Cloud . FSIs want new-age sophistication without legacy complication.

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20 traits of highly effective project managers

CIO Business Intelligence

But it’s not just about making a list and sticking with it,” says Hema Tatineni, vice president of the Strategic Programs Office at CopperPoint Insurance. A lot of people are struggling, and virtually all of them report that they have fewer hours to deliver to projects than expected.