Remove Data Governance Remove Data Strategy Remove Insurance
article thumbnail

Data distilleries: CIOs turn to new efficient enterprise data platforms

CIO Business Intelligence

This shift streamlines operations, enhances business insights, and unlocks the full potential of data. Why data distilleries are a game-changer: Insights from the insurance industry Traditionally, managing data in sectors like insurance relied on fragmented systems and manual processes.

article thumbnail

Accelerating AI at scale without sacrificing security

CIO Business Intelligence

Above all, robust governance is essential. Failing to invest in data governance and security practices risks not only regulatory lapses and internal governance violations, but also bad outputs from AI that can stunt growth, lead to biased outcomes and inaccurate insights, and waste an organization’s resources.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Where CIOs should place their 2025 AI bets

CIO Business Intelligence

The World Economic Forum shares some risks with AI agents , including improving transparency, establishing ethical guidelines, prioritizing data governance, improving security, and increasing education. Placing an AI bet on marketing is often a force multiplier as it can drive data governance and security investments.

article thumbnail

Customizing Personal Lines Insurance with Location Data

Cloudera

Insurers are increasingly adopting data from smart devices and related technologies to support and service their customers better. I have been researching more about how we can use the new data from those devices to design more innovative insurance products while being aware that these should all be contingent upon customer opt-in.

article thumbnail

Will Data Privacy drive an Enterprise Data Strategy?

Cloudera

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. The post Will Data Privacy drive an Enterprise Data Strategy?

article thumbnail

What is a chief data officer? A leader who creates business value from data

CIO Business Intelligence

To date, many of those appointments have been concentrated in the insurance, banking, media and entertainment, retail, and IT/technology verticals. Chief data officer job description. The CDO oversees a range of data-related functions that may include data management, ensuring data quality, and creating data strategy.

article thumbnail

What’s driving the global common data capability at RGA

CIO Business Intelligence

When I joined RGA, there was already a recognition that we could grow the business by building an enterprise data strategy. We were already talking about data as a product with some early building blocks of an enterprise data product program. What was your approach to generating the mindset necessary to get this done?

Metrics 64