Copyright © 2019 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 MorganSalesNick Masonnick@insuranceciooutlook.comContact Us:Phone:510-683-5022Fax: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 Dan StanleyJoshua ParkerPaul BarberEditorialPamela MorganManaging Editoreditor@insuranceciooutlook.comDramatic changes are reshaping the life insurance industry. A `digital-first' urgency is sweeping across the insurance landscape, driven by a new generation of consumers, data, and technology. Alongside, declining policy ownership and quickly-evolving customer expectations are creating a new market paradigm that insurance carriers are looking to address effectively. Emerging technologies like robotic process automation (RPA), artificial intelligence (AI), IoT, and advanced analytics, among other disruptive technologies are allowing insurers to develop new and innovative solutions that improve process efficiencies, enhance customer experiences, and collaboratively integrate with insurance ecosystem partners.Today, machine learning algorithms are being leveraged for evaluating financial risks and identifying suitable insurance offers for customers. AI-driven chatbots are enabling insurance companies to serve and support customers better with smart, human-like interactions. In addition, wide-ranging processes including premium billings, claims processing, and policy management are being executed in the cloud to ensure substantial cost savings. Companies that stay on top of these technological trends and adopt a mindset focused on creating opportunities from the disruptive technologies--instead of viewing them as a threat to the current business--will thrive in the insurance industry. To help companies choose the right solution from the right vendor, Insurance CIO Outlook has taken up the responsibility of examining and analyzing some of the promising insurance solutions developed by market leaders. This edition of the magazine brings you a list of firms that offer state-of-the-art solutions to assist the stakeholders in accelerating their business transformation along with articles from industry experts that reflect their insights, experiences, and suggestions to peers. We hope the valuable in-depth information and the novel solutions from leading as well as emerging companies featured in this publication will help you in making informed decisions for your business endeavors.Let us know your thoughts!Rise of the Digital Insurance EraPamela MorganVisualizerChristina ThomasJaxon JaseMay - 23 - 2019, Vol 05 Issue 06 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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