6DECEMBER 2020Copyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Managing EditorPamela MorganSalesAlena D'Souzaalena@insuranceciooutlook.comContact Us:Phone:510-556-2284Fax:510-894-8405*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEditorial StaffAaron Pierce Ava GarciaAlex D'Souza Abhinov PunnakkalJoshua ParkerSarah FernandesEditorialPamela MorganManaging Editoreditor@insuranceciooutlook.comDigital underwriting is not defined solely by the latest technology, the greatest degree of automation, or the largest data volumes ­ though those components are vitally important. A more promising vision involves greater value creation for the business based on expanding roles and new capabilities at the heart of a unique underwriting organization. In this sense, "digital" is as much about shifting the mindset or culture as it is about adopting a set of software tools.Successful digital underwriting transformation starts with a well-defined road map to navigate critical milestones, including legacy system modernization, integration of digital data sets, deployment of both mature and emerging digital technologies, and new thinking about talent. It is about time, to take bold steps in order to "futurize" this essential function and recognize the right path of inaction will be a decision of consequence.Insurance CIO Outlook's underwriting special offers deep insight on the top solutions and service providers, changing trends, and a glimpse into how the future of insurance underwriting would look like. As technologies including AI and ML take center-stage, the future looks bright for the underwriting sector. The day when robots offer advice and counsel, while drones make a quick survey of accident sites and relay back vital statistics, the era where automation will become a mainstay in insurance as with other industries is well in sight. Here, the multifaceted advantage of underwriting technology in underpinning the expertise of the underwriters and driving operational efficiencies will be impossible to ignore. We hope the valuable takeaway from industry thought-leaders and innovative solutions from leading as well as emerging companies featured in this edition will help you in making informed decisions.Let us know what you think!Cornerstone of a Profitable BusinessPamela MorganVisualizerVictor Cruz Issac GeorgeDECEMBER -2020, Vol 06 Issue 11 Published by ValleyMedia, Inc. To subscribe to Insurance CIO OutlookVisit www.InsuranceCIOOutlook.com Email:sales@insuranceciooutlook.comeditor@insuranceciooutlook.commarketing@insuranceciooutlook.com
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