cloud computing

Legacy Modernization in the Age of InsurTech
Insuranceciooutlook >> cioviewpoint

Brahm Sharma, CIO, Aon

There is a lot of excitement around InsurTech. According to CB Insights, the number of funding deals in InsurTech increased from 91 in 2014 to 173 in 2016. Investment in Q3 of 2017 was 35 percent higher than in Q3 of 2016. This high level of...

Compete or Partner: Banks See Rise of FinTech Solutions
Insuranceciooutlook >> cxoinsights

Christopher Kennedy, VP, Quantitative Finance Manager, BankUnited [NYSE:BKU]

FinTech—or simply financial technology—is moving at the speed of innovation. FinTech originally represented the shift of traditional brick-and-mortar banking to online and mobile platforms. Now, FinTech embodies a deluge of Silicon...

Four Ways How Technology is Transforming Insurance
Insuranceciooutlook >> cxoinsights

Chris Holcombe, VP, Group Claims Technology & Operations, Chubb

One of the key drivers of technological disruption in the current era is the ability to fulfill client expectations by creating a user experience designed to be frictionless, instantaneous, and mobile. And while some might view insurance...

Building Resiliency against Increasing Threats to IT, OT and IoT
Insuranceciooutlook >> cxoinsights

Tim Callahan, SVP, Global Chief Security Officer, Aflac

Criminals: Motivated Primarily by Profit It is a different day and age today than it was 20 years ago. The advent of big data has given rise to the big data criminal whose only goal is to disrupt for personal or ideological gain. The...

The Impact of Data Volumes- Effectiveness and Proactiveness, Consolidation, Integration and Usage
Insuranceciooutlook >> cioviewpoint

Ursuline Foley, Corporate CIO, XL Catlin

In recent years, especially since the financial crisis of 2008, data has finally been recognized as a key asset of the company and this is also true in the Insurance Industry. For an industry that has gone through decades of M&A, resulting in...

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