Before paving the way for a new age of digital insurance, setting strong foundations is vital.
Insurance carriers must distinguish data as a strategic asset that holds the key to unlocking digital and creating new, powerful products – but this is no straightforward task. So, what steps can we take to achieve actionable, credible insight from immense amounts of data?
We asked C-Suite leaders to answer this key question in this brand-new, free whitepaper, in partnership with Capgemini.
Featuring contributions from leading data and analytics executives:
Paul Drennan, Chief Data Science Officer, The Hartford
Robert Reynolds, Chief Data & Analytics Officer, W.R. Berkley
David Hopewell, Former Head of Analytics & Divisional Chief Financial Officer, Transamerica
Ajish Gopan, VP & Global Head, Insights & Data, Insurance & Health, Capgemini
Featuring the answers to your biggest data challenges:
Unlock the potential of new streams of data: Prepare for the capture and use of new data from transformation technologies, AI, IoT and telematics (as well as maximising historical data silos)
Master digital core modernization: Effectively manage core platform strategy to better serve digital demands, maintain core efficiency, and spur data innovation
Data as the fuel for innovation: Overcome the challenges of working with immense pools of data to deliver the new products, services and capabilities your customer needs
It’s no secret that data holds the key to modernization and digitalization for insurers, however, according to Ajish Gopan, VP & Global Head - Insights & Data at Capgemini, “much more can be done to close the chasm between how companies perceive the quality of their data and its actual usefulness.”
There are fundamental challenges to conquer when it comes to getting the most out of your data - “data is messy and not very rewarding to work with. It is expensive, the systems are rigid, and it needs organizing, disambiguation and correction,” says David Hopewell, Former Head of Analytics & Divisional Chief Financial Officer at Transamerica.
This whitepaper will provide the essential insights you need to set out a strategy that maximizes the potential of both historical silos and new streams of data to fuel analytics engines and find points of competitive differentiation in our digital world.
This whitepaper is released in conjunction with Reuters Events: Insurance AI and Innovative tech USA 2021 (September 14-16, Online), the premier gathering for senior executives specializing in data science, analytics, technology, IT, and digital transformation. From providing strategies for deploying analytics at scale, to case studies showcasing true ROI harnessing data, this event provides a research-driven agenda delivered by industry titans.
With leaders from State Farm, Travelers, Marsh, Nationwide, CNA, Plymouth Rock Home Assurance, Blue Cross Blue Shield, Swiss Re and many more, this is truly an event not to miss. For more information regarding Insurance AI & Innovative Tech USA – please contact Joshua Lloyd-Braiden, Joshua.Lloyd-Braiden@thomsonreuters.com.