This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
One of the world’s largest risk advisors and insurance brokers launched a digitaltransformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age.
One of the world’s largest risk advisors and insurance brokers launched a digitaltransformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age.
This post is written in collaboration with Clarisa Tavolieri, Austin Rappeport and Samantha Gignac from Zurich Insurance Group. Zurich Insurance Group (Zurich) is a leading multi-line insurer providing property, casualty, and life insurance solutions globally.
Digitaltransformation must be a core organizational competency. The impact of generative AIs, including ChatGPT and other large language models (LLMs), will be a significant transformation driver heading into 2024. DigitalTransformation, Generative AI, IT Strategy That’s my key advice to CIOs and IT leaders.
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 digitaltransformation and evolution is continuous.
Eight years ago, McGlennon hosted an off-site think tank with his staff and came up with a “technology manifesto document” that defined in those early days the importance of exploiting cloud-based services, becoming more agile, and instituting cultural changes to drive the company’s digitaltransformation.
With the AI revolution underway which has kicked the wave of digitaltransformation into high gear it is imperative for enterprises to have their cloud infrastructure built on firm foundations that can enable them to scale AI/ML solutions effectively and efficiently. The choice of strategy depends on the state of the workload.
Tourism and Hospitality are also largely affected, but in FS, insurance, and CPG, the impact is moderate. But because of COVID-19, digitaltransformation 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.
Digitaltransformation initiatives, for the most part, offer significant advantages—enhancing efficiency, agility, and innovation across the business. The regulation impacts a broad spectrum of financial institutions, including banks, brokers, credit institutions, insurance companies, and payments processors.
IBM can help insurance companies insert generative AI into their business processes IBM is one of a few companies globally that can bring together the range of capabilities needed to completely transform the way insurance is marketed, sold, underwritten, serviced and paid for.
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 digitallytransforming the business in pursuit of strategic goals. Patience and staying power on strategy is really key.”
Many of the standard workflows are ready to run either on-premises or hosted in Agiloft’s cloud. Its system, called the Transformation Acceleration Platform, is designed to capture all types of workflows, but Arrayworks maintains a particular focus on insurance automation. NewgenONE DigitalTransformation Platform.
Eight years ago, McGlennon hosted an off-site think tank with his staff and came up with a “technology manifesto document” that defined in those early days the importance of exploiting cloud-based services, becoming more agile, and instituting cultural changes to drive the company’s digitaltransformation.
He worked with one insurance company that in 2023 made such a move, driven specifically by the desire to have a firm hold on its regulated data, for example. Chege, now CEO and principal consultant of DigitalTransformation Experts, says he has worked with other companies that have made similar moves. a private cloud).
The need for private cloud settings is also closely linked to a hybrid cloud approach—the integration of on-premises, private cloud and public cloud into a single, flexible IT infrastructure—which is an essential part of the enterprise-business digitaltransformation journey.
Today’s AI narrative At the “ The Two Faces of AI ” Digital Solutions Gallery hosted by the College of Engineering at The Ohio State University, I asked the 100-plus executives in attendance, “Is your organization ‘normal’ with regards to its treatment of AI?” Generative AI is not the right tool for many tasks.
Today, I will be the host for our podcast, AI to impact, which covers everything about digital and AI, featuring some remarkable thought leadership, expert point of views and commentaries from a gamut of industry leaders. So, what we see that’s taking place in a more general setting is digitaltransformation.
In a private cloud, a single organization is typically responsible for all private infrastructure, whether hosted in-house within a company’s physical location, in an off-site data center on infrastructure owned or rented by a third party, or on a public cloud service provider’s infrastructure. Physical hardware (e.g.,
PODCAST: AI for the Digital Enterprise. Episode 2: New Age Capabilities for DigitalTransformation. New Age Capabilities for DigitalTransformation. Ashish has about two decades of rich experience and strategy, consulting, and analytics in the financial services, insurance, and high-tech industries.
The CIO Awards recognises the best and brightest CIOs and technology leaders in the UK, celebrating their digitaltransformation achievements, and reflecting on themes and ideas which emerged from submissions. said Graeme Howard , CTIO of Covéa Insurance. following two years running as a virtual event due to the global pandemic.
In our latest episode of the AI to Impact podcast, host Monica Gupta – Manager of AI Actions, meets with Sunil Mudgal – Advisor, Talent Analytics, BRIDGEi2i, to discuss the benefits of adopting AI-powered surveillance systems in HR organizations. She has led some sizeable DigitalTransformation programs for various clients.
Generac transforms its business with data Organization: Generac Power Systems Project: PowerInsights IT Leader: Tim Dickson, CIO After arriving at Generac Power Systems as its new CIO, Tim Dickson hosted the company’s first-ever hackathon to upskill IT employees and evaluate the team.
Two decades ago, as CIO and CTO at Nationwide Insurance, he inspired colleagues to implement what were then referred to as “green initiatives,” such as printing less paper and using more efficient lightbulbs. Think globally, act locally Koushik is putting all this into practice at Rackspace, too.
We have covered a whole range of topics around how enterprises are adopting AI and what it means for them in the context of digitaltransformation. So, I’m your host for today, Ronobijay Bhaumik. This is in industries such as financial services and insurance, consumer packaged goods and the manufacturing industry as well.
Unique proven DI strategy Data Insight has developed a proven strategy for execution through their experience working on complex data projects across various sectors including banking, insurance, media and government. Digitaltransformation and delivering customer experiences all depend on this.
We have covered a whole range of topics across how enterprises are adopting AI and what it means for them in the context of digitaltransformation. I’m your host for today, Ronobijay Bhaumik. This is done across financial services and insurance, consumer packaged goods and manufacturing industries.
Capabilities within the Prompt Lab include: Summarize: Transform text with domain-specific content into personalized overviews and capture key points (e.g., ” Raman Venkatraman, CEO of STL Digital Watsonx.data is truly open and interoperable.
Indeed, many healthcare organizations today are embracing digitaltransformation and using data to enhance operations. Value-based care is a new concept, growing in popularity and transforming the business model. Data & analytics represents a major opportunity to tackle these challenges.
On January 4th I had the pleasure of hosting a webinar. As such banking, finance, insurance and media are good examples of information-based industries compared to manufacturing, retail, and so on. It was titled, The Gartner 2021 Leadership Vision for Data & Analytics Leaders.
“We recognized AI’s potential to revolutionize the digital landscape and understood that the conventional SOC model needed to evolve.” Options included hosting a secondary data center, outsourcing business continuity to a vendor, and establishing private cloud solutions.
The second is to host mobile applications, containers, and artificial intelligence (AI) applications — what Sonnenstein calls “acting as a full-fledged member of the modern universe.”. Sonny Sonnenstein, SVP & CIO for retail, business, and digital banking, M&T Bank. It’s a beautiful niche for students there.
The insurance industry is undergoing a sea change, with IT playing a crucial role in rolling out digital customer experiences for policyholders and agents, as in-person meetings all but vanish in the post-pandemic era. IT as industry differentiator Insurers and financial services firms like MassMutual, of Springfield, Mass.,
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
Jitender Durairajan, Head Cloud Engineering & Solutions at Sify Technologies, believes it is imperative for businesses to carefully consider who they partner with in their digitaltransformation journey. He points to IDC’s research on hybrid and multicloud management as a case in point.
This essentially corresponds to a hosting principle, where each customer has their own server with their own system at SAP, but does not maintain it themselves. This offering combines SAP S/4HANA Cloud with complementary SAP services to support companies in their digitaltransformation.
Global IT services giant NTT Data has bought another sliver of market share and added some new capabilities with its acquisition of Vectorform, an 80-person digitaltransformation consultancy based in Detroit. NTT Data adds Vectorform to service portfolio. Celonis buys Process Analytics Factory.
We organize all of the trending information in your field so you don't have to. Join 42,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content