Cracking Digital Transformation In Insurance With Platform-Centric Strategies

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Presented by

Sathish Kumar EV, EdgeVerve, Richard La Gala, Sompo International, Ben Podbielski, Nationwide, Tony Boobier, Consultant

About this talk

Amid escalating risks and rising inflation, insurers face mounting pressure to embrace digital transformation to maintain competitiveness. Connectivity, automation, and AI are reshaping the insurance business landscape, facilitating a shift from detect-and-repair to predict-and-prevent. This transformation will affect pricing, distribution, underwriting, and claims, but a significant gap still exists between insurers' aspirations and current realities. Although a digital-first approach driven by AI and automation promises industry-wide advancements, many firms struggle with implementation challenges. These include process inefficiencies and a lack of data readiness, which continue to hinder the expansion of digital initiatives, customer experiences (CX), and productivity gains. By attending this webinar you will hear from Industry experts who will share insights into how to overcome obstacles and unlock the full potential of your digital transformation journey. - Address the necessity to course correct to a fail-proof digital transformation strategy. - Explore the potential of a digital-first approach powered by AI and automation. - Insight into the persistent struggles faced by many insurers in overcoming implementation hurdles. - Navigate the challenges and opportunities presented by the digital age, and discuss critical solutions for enhancing connectivity, efficiency, and competitiveness. By attending, you will hear from: - Sathish Kumar EV, Head of Product Management, EdgeVerve - Richard La Gala, VP, Director of Risk Control Transformation Services, Sompo International - Ben Podbielski, Applied Technologies for P&C Innovation Lead, Nationwide - Tony Boobier, Consultant, Mentor, Author, Advisory (Moderator) This webinar is brought to you in association with EdgeVerve. By registering you agree to share your information with this organisation.
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