Insuranceciooutlook
digital

Calculating the Value of Essential, Yet Intangible, Data Challenges
Insuranceciooutlook >> cioviewpoint

Scott Gilbert, Chief Information Officer, Marsh & McLennan Companies

The analysis and use of data have transformed industries across the economic spectrum: technology, transportation, lodging, retail, media, and finance, to name a few. The winners in the digital economy will be companies that can best collect data,...

Addressing the Challenges in Shipping with Blockchain
Insuranceciooutlook >> news

Blockchain has tremendously transformed various industries. The records of data transactions continue to increase day-by-day. Due to the large size of cryptocurrency, the large public implementation of blockchain becomes critical. When we look...

InsurTechs- Will Collaboration or Competition win in the End
Insuranceciooutlook >> cxoinsights

Marcus von Engel, Financial Services Consulting Partner, PwC

If you’re in the insurance industry, you’ll never go a day without talking about InsurTech. InsurTech is the priority in the conversations of insurance executives as it’s widely recognized that disruption is now rapidly taking...

Simplifying Cryptocurrency, Blockchain and Its Real Estate Applications
Insuranceciooutlook >> news

Buying and selling property is a hassle. There are intermediaries to sell the house and untrustworthy people involved in purchasing a piece of land. The blockchain is a platform where the seller or the buyer has to present all the necessary...

The Opportunities and Threats of Insurtech for the Average Insurance Consumer
Insuranceciooutlook >> cxoinsights

Theresa Schmall, Manager, Center for Financial Services Innovation

The insurance industry is going through an exciting phase of innovation. The boom of the insurtech market has captured everyone’s attention, and for good reason. It has taken in over $8 billion in financing globally since 2012—an...

Digital Transformation - The essential journey for large-scale companies
Insuranceciooutlook >> cxoinsights

Kenan Bubela, AVP Enterprise Digital and Marketing Solutions, USAA

In a world where customer expectations are shaped and measured by digital interactions, the recipe for long-term success extends well beyond the enabling technology. Companies that continue to be relevant are those that invest in the necessary...

Six Emerging Security and Risk Management Trends
Insuranceciooutlook >> news

With the impact of cybersecurity on business outcomes, Gartner has identified six key trends for business leaders to take leverage and improve enterprise resilience and elevate business standing. Protecting Corporate Reputation  With...

Moving from a Traditional to a Digital Insurer for the Future
Insuranceciooutlook >> cioviewpoint

Ketan Pandit, CIO, QBE North America

The move to digital has been very profound over the past few years across a number of industries like retail, consumer products, banking, hospitality and travel. But what does being digital mean and most importantly in the insurance context?...

Mainframe Modernization and its Impact on the Insurance Industry
Insuranceciooutlook >> cxoinsights

Greg Lotko, General Manager, Mainframe, CA Technologies

Digital transformation has become the norm for every company today. Organizations interact with their customers across oceans through computers and digital interfaces. In the banking and finance arena, for instance, the evolution has been...

Mainframe Modernization and its Impact on the Insurance Industry
Insuranceciooutlook >> cxoinsights

Greg Lotko, General Manager, Mainframe, CA Technologies

Digital transformation has become the norm for every company today. Organizations interact with their customers across oceans through computers and digital interfaces. In the banking and finance arena, for instance, the evolution has been...

Chatbots Reborn - A Renaissance for the Humble Bot
Insuranceciooutlook >> cxoinsights

Christopher Frankland, Digital Enterprise Architect, Ameritas

Chatbots for a long time have existed to amuse, frustrate and at times entertain (albeit unintentionally). The term "ChatterBot" was originally coined by Michael Mauldin (creator of the first Verbot, Julia) in 1994 to describe...

How Underwriting will Change with Machine Learning
Insuranceciooutlook >> cioviewpoint

Mary Kotch, CIO, Validus Reinsurance

Digital technology is changing insurance. The traditional insurance business model has proved to be remarkably resilient, and many legacy processes we use today are 50 years old due to regulation, compliance, and the preceding view that technology...

The four Latest Trends Transforming Fintech
Insuranceciooutlook >> news

FinTech is transforming and replacing the conventional financial services that include money transfer, mobile payments, loans fundraising, and asset management by embracing the latest technology. The four major trends in the fintech are:...

How IT Transformation is Enabling Nationwide's Digitization
Insuranceciooutlook >> cioviewpoint

Michael Carrel, SVP-IT & CIO, Enterprise Applications, Nationwide

There is a digital revolution in progress and businesses everywhere are undergoing a transformation in response. Our business requires new capabilities from IT to serve our customers who deserve services delivered cohesively and swiftly....

How AI enables Customer Centricity
Insuranceciooutlook >> cxoinsights

Vishwa Kolla, AVP, & Head of Advanced Analytics, John Hancock Insurance

Traditionally, companies were more product-centric. Today, regardless of industry, sector or the way business is conducted (b2c vs b2b vs b2b2c) companies cannot do away without being customer-centric. It is only reasonable for us (as buyers or...

Enabling Business Execution through Great Architecture and Application of Technology
Insuranceciooutlook >> cioviewpoint

Greg Tacchetti, CIO, State Auto Insurance

An organization’s technology leader in 2017 faces a dizzying array of rapidly evolving technologies, which are creating interesting opportunities, and of course, amounts of data beyond all prior imagination. For most of our careers,...

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...

State of P&C Insurance Core Transformation - Beyond the First Wave
Insuranceciooutlook >> cxoinsights

Imran Ilyas, Partner with PwC’s FS Insurance Advisory Services, and Josh Knipp, Matt Wolff and Matt Hurlbut, Director, PwC’s FS Insurance Advisory Services

Insurance carriers are making an unprecedented investment in transforming their policy, billing and claims systems and processes. We expect core system transformations will continue to be a top priority for insurers—regardless of size and...

State of P&C Insurance Core Transformation - Beyond the First Wave
Insuranceciooutlook >> cxoinsights

Imran Ilyas, Partner with PwC’s FS Insurance Advisory Services, and Josh Knipp, Matt Wolff and Matt Hurlbut, Director, PwC’s FS Insurance Advisory Services

Insurance carriers are making an unprecedented investment in transforming their policy, billing and claims systems and processes. We expect core system transformations will continue to be a top priority for insurers—regardless of size and...

Seven Non-Technical Tactics for a Successful IT Career
Insuranceciooutlook >> cioviewpoint

David Robinson, CIO & SVP, Lockton Companies

I sometimes worry about the effect of technology on our social well-being. Have the technologies that speed up and extended our ability to connect, communicate, and share actually weakened our ability as humans to interact, learn, and stay...

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