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. In addition, they faced an onslaught of claims and initial uncertainty about cost and payments for antibody testing, evolving treatments, and, later, vaccines.

Insurance 52

Insurance Technology Management Cost-Benefit 52

CIO Business Intelligence

APRIL 23, 2024

The region (Western Europe) maintained strong growth despite various economic and geopolitical uncertainties. Many of the large deals were signed in the Nordics, including the Danske Bank and Infosys contract and the LahiTapiola Mutual Insurance and CG deal, which further fueled the growth in the region.” billion, IDC said.

Management 123

Management IT Enterprise Uncertainty 123

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 95

Insurance Digital Transformation Unstructured Data Machine Learning 95

Smart Data Collective

JANUARY 19, 2021

This is intriguing as the world faces uncertainty from Covid-19, but crypto is not the only investment bringing massive returns to investors. Also, it states, in 2019 and 2020 cryptocurrencies have been on the road to recovery potentially entering a bull market.

Finance 139

Finance Insurance Uncertainty Marketing 139

Cloudera

JULY 15, 2021

For financial institutions and insurers, risk and exposure management has always been a fundamental tenet of the business. In this session we explored what firms are doing to approach the uncertainty with more predictability. We recently hosted a roundtable focused on o ptimizing risk and exposure management with data insights.

Risk 100

Risk Optimization Management Insurance 100

CIO Business Intelligence

MARCH 8, 2023

CIO Leadership Live’s Drinkwater recently spoke with West about how to put people first in a system under increasing pressure to function as it strives to digitally transform amid a backdrop of political and environmental uncertainty. Watch the full video below for more insights. I’m also quite passionate about the local technology sector.

Insurance 98

Insurance Digital Transformation Interactive Risk 98

CIO Business Intelligence

APRIL 28, 2022

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. . Analytics models enabled real-time decision making and automation to help the bank stay focused on costumers.

Analytics 98

Analytics Insurance Big Data Uncertainty 98

CIO Business Intelligence

DECEMBER 10, 2024

The total value of private equity exits is on track to hit its lowest level in five years , this year, amid an environment of persistent macroeconomic uncertainty, skittishness in the IPO market, and continued geopolitical uncertainty. Data and AI need to be at the core of this transformation.

Uncertainty 97

Uncertainty Data-driven Marketing Insurance 97

CIO Business Intelligence

FEBRUARY 23, 2024

The completion of such transformative EV and hydrogen fuel cell engineering — amid uncertainty about which technology will prevail as the industry standard — reflects the one constant American Honda’s VP of IT Bob Brizendine has confronted throughout his 36 years with the company: an ever-changing, winding road that never slows down.

IT 122

IT Manufacturing Unstructured Data Strategy 122

bridgei2i

JUNE 24, 2020

In this episode of AI to Impact, Jitendra Jethanandani, Director, Enterprise Tech at BRIDGEi2i, discusses how the current COVID-19 pandemic spreads waves of uncertainty across businesses and their customer base requiring a renewed focus required on customer engagement. COVID-19 and Changing Facets of Customer Engagement. JJ: Yes, Anushruti.

B2B 117

B2B Enterprise Sales Digital Transformation 117

CIO Business Intelligence

JULY 26, 2022

Inspire them to achieve new heights, make them feel they’re connected to something that’s bigger than themselves, says Bill Pappas, head of global technology and operations at insurance and employee benefits provider MetLife. Shurkey states that he also constantly looks for ways to improve and evolve his leadership skills.

IT 140

IT Consulting Uncertainty Insurance 140

Jet Global

JULY 23, 2020

Fortunately, the level of uncertainty has fallen considerably, as many businesses are beginning to re-open, albeit with some restrictions and under capacity restrictions. As we look ahead to the remainder of 2020, uncertainty will continue to prevail. Such tools have benefits beyond this crisis, however.

Uncertainty 95

Uncertainty Finance Cost-Benefit Reporting 95

bridgei2i

JULY 8, 2020

This is probably the first time ever that we are witnessing a demand, a supply, and also a resource uncertainty. And if you’re a banker or an insurer, you’re probably busy figuring out how to measure these risks, mobilize these resources, and fund capital that’s going to provide strong growth. These are strange times.

Digital Transformation 132

Digital Transformation Enterprise Insurance Risk 132

CIO Business Intelligence

OCTOBER 12, 2023

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. Highly effective project managers understand this, embrace it, and build elements of uncertainty into their project plans.

Management 137

Management Uncertainty Consulting Risk 137

IBM Big Data Hub

JUNE 22, 2023

In the case of insurance giant Generali, for example, IBM Consulting rolled out two new AI assistants in France—one that helped upskill employees and another that interfaced directly with customers. . “Modern BPO is a creator of growth, differentiation and competitive advantage,” Manik says.

Consulting 77

Consulting Insurance Finance Uncertainty 77

CIO Business Intelligence

JUNE 1, 2023

CRM software provider Zendesk is reducing another 8% of its workforce citing macroeconomic uncertainty, just six months after the company laid off 300 staffers for the same reason. The new tranche of layoffs, according to Eggemeier, can be attributed to continued macroeconomic uncertainty and increased competition from rivals.

Uncertainty 52

Uncertainty IT Insurance Cost-Benefit 52

bridgei2i

JUNE 2, 2020

And then there’s uncertainty on when this will come back to normal, what will it settle down as, etc. Listen Now Insurance is among the most-affected industries of the novel Coronavirus. Anything that needs physical presence either of their customers or their employees in a branch or site is seeing such impact.

Risk Management 128

Risk Management Risk Enterprise Management 128

CIO Business Intelligence

DECEMBER 5, 2023

Economic uncertainty, increased competition, sustainability concerns, shareholder expectations, and regulatory challenges are also top of mind. Contractors and vendors should be treated like your car insurance,” says Pratt. But it’s not the only one. When it is renewal time, make sure to scrutinize and shop around.”

IT 138

IT Cost-Benefit Digital Transformation ROI 138

CIO Business Intelligence

OCTOBER 18, 2023

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

Risk 141

Risk Manufacturing Enterprise Technology 141

CIO Business Intelligence

SEPTEMBER 12, 2022

The greatest barrier to innovation is competing priorities and lack of time to innovate, observes Santhosh Keshavan, executive vice president and CIO of financial and insurance services firm Voya. Now the capability is embedded in the product development process.

Experimentation 133

Experimentation Consulting Technology Machine Learning 133

datapine

MAY 31, 2022

To mitigate the various risks and uncertainties in transitioning to the cloud, IT must adapt its traditional IT control processes to include the cloud. In today’s cloud-based world, IT does not always have full control over the provisioning, de-provisioning, and operations of infrastructure.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

Cloudera

NOVEMBER 5, 2021

In the next decade or so, for most children, AI will be their co-workers, drivers, insurance agents, customer service reps, bank tellers, receptionists, radiologists, in short, a natural part of their lives. Our children have the right to be AI-educated so they can thrive intellectually, emotionally, and morally alongside AI.

Visualization 83

Visualization Uncertainty Insurance Machine Learning 83

CIO Business Intelligence

JUNE 12, 2023

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?

Manufacturing 52

Manufacturing Insurance Uncertainty Big Data 52

DataRobot

JUNE 1, 2021

Industries such as banking and credit, insurance, healthcare and biomedicine, hiring and employment, and housing are often tightly regulated. Recognizing and admitting uncertainty is a major step in establishing trust. Interventions to manage uncertainty in predictions vary widely. Meeting Regulatory Expectations.

Uncertainty 52

Uncertainty Machine Learning Advertising Risk 52

IBM Big Data Hub

SEPTEMBER 28, 2023

Financial tasks evaluated includes: providing sentiment scores for stock and earnings call transcripts, classifying news headlines, extracting credit risk assessments, summarizing financial long-form text and answering financial or insurance-related questions.

Testing 87

Testing Finance Enterprise Modeling 87

Domino Data Lab

JUNE 2, 2019

Clearly, when we work with data and machine learning, we’re swimming in those waters of decision-making under uncertainty. To do this, first review quantitative decisions being made by staff – for example, settlement prices quoted by insurance claims adjusters. Measure how these decisions vary across your population.

Data Science 110

Data Science Data-driven Machine Learning Modeling 110

Sisense

MARCH 11, 2021

As the COVID-19 pandemic drags on, we continue to find examples of organizations that use analytics to manage uncertainty. One of the many things that digital health insurance company Luma Health helps medical providers do is collect feedback from their patients and communicate with them more easily and effectively.

Uncertainty 52

Uncertainty Insurance Data-driven Marketing 52

Sisense

JULY 29, 2021

This data can be used for fuel-consumption calculations and even to reduce insurance rates. Ride Vision is planning its next level of growth by partnering with motorcycle manufacturers as well as resellers and insurers. App users get a summary after each ride, including total distance, alerts, lean angles, and maximum speed.

Insurance 52

Insurance Marketing Uncertainty Reporting 52

IBM Big Data Hub

APRIL 18, 2024

Image (55%): Gen AI can simulate how a product might look in a customer’s home or reconstruct an accident scene to assess insurance claims and liability. The AGI would need to handle uncertainty and make decisions with incomplete information. Audio (56%) : Gen AI call centers with realistic audio assist customers and employees.

Cost-Benefit 89

Cost-Benefit Manufacturing Modeling Interactive 89

bridgei2i

OCTOBER 20, 2021

This is in industries such as financial services and insurance, consumer packaged goods and the manufacturing industry as well. Today, I’m very pleased to be hosting Aditya Karnani from the factory performance and reliability practice at Colgate Palmolive. We have seen that, you know, digital payment, like, you know.

Manufacturing 98

Manufacturing Enterprise IoT Technology 98

Peter James Thomas

AUGUST 12, 2018

The above is a somewhat simple metric, in a section of Using historical data to justify BI investments – Part I , I cover some actual Insurance industry metrics that build on each other and are a little more convoluted. Is New Business Growth something that is even worth tracking; what will we do as a result of understanding this?

Metrics 49

Metrics Statistics Data Quality Measurement 49

Domino Data Lab

JULY 22, 2019

You know, companies like telecom and insurance, they don’t really need machine learning.” They learned about a lot of process that requires that you get rid of uncertainty. They’re being told they have to embrace uncertainty. People would say, “You know, Google, Amazon, maybe. ” But that changed.

Data Science 109

Data Science Machine Learning Data Governance Modeling 109

The Unofficial Google Data Science Blog

JULY 11, 2017

The data consist of the weekly initial claims for unemployment insurance in the US, as reported by the US Federal Reserve. This model has stationary distribution $$mu_infty sim Nleft(0, frac{sigma^2_eta}{1 - rho^2}right),$$ which means that uncertainty grows to a finite asymptote, rather than infinity, in the distant future.

Forecasting 66

Forecasting Statistics Modeling Software 66

CIO Business Intelligence

MARCH 27, 2023

At The Hartford Insurance Co., Deepa Soni, CIO, The Hartford Insurance Co. The Hartford Insurance Co. A much higher number, 63%, confirmed chief data officer expenses came under the CIO and IT department’s remit. We’re now one group that handles initiatives from start to finish because time was of the essence,” he explains.

Strategy 109

Strategy Digital Transformation Insurance Technology 109

CIO Business Intelligence

FEBRUARY 13, 2025

However, as AI adoption accelerates, organizations face rising threats from adversarial attacks, data poisoning, algorithmic bias and regulatory uncertainties. In regulated industries like finance, healthcare and insurance, XAI supports auditability, compliance and ethical AI.

Risk 116

Risk Data-driven Finance Risk Management 116

Jet Global

FEBRUARY 2, 2023

Due to the Infrastructure Investment and Jobs Act of 2022 in the United States, nonresidential construction is expected to continue expanding despite expected uncertainty in 2023. Safety incidents lead to mounting costs, including increased insurance payments and settlements. Globally, construction is projected to grow substantially.

Uncertainty 52

Uncertainty KPI Reporting Measurement 52

Jet Global

MAY 10, 2021

At a time of great uncertainty, the role of finance professionals has, of necessity, evolved into an ever more strategic one. As organizational priorities shift, so too do the priorities of finance teams.

Finance 98

Finance Recreation/Entertainment Reporting Uncertainty 98