Female leadership in insurance – practical next steps

On this collection, I’ve been analyzing the state of feminine management in insurance coverage from a qualitative and quantitative perspective. Whereas the analysis paints a compelling image of progress in some areas, feminine leaders inside insurance coverage have additionally highlighted the change that also must happen within the trade. On this closing article within the … Read more

Two key enablers for insurers seeking long-term growth

On this collection of posts, I’ve talked about why private strains and small business insurance coverage carriers must give attention to reinventing the shopper expertise from finish to finish, and 4 completely different elements of that have that may assist them drive development—new merchandise, a advertising and marketing transformation, embracing digital channels and improved customer … Read more

Insurance News: Building the digital core with data quality

Knowledge high quality and information structure at the moment are acknowledged in insurance coverage and most different industries because the gasoline wanted to deal with our largest challenges. Constructing the digital core of any group solely works when you could have the info high quality to behave on it.  On this version of Insurance coverage … Read more

Insurance Coffee House Podcast: Guidewire’s Paul Mang and me

It was my nice pleasure to affix Paul Mang, Chief Innovation Officer at Guidewire, on the Insurance coverage Espresso Home Podcast. Paul and I discuss how our profession journeys have intersected and the way we now work to drive innovation for our insurance coverage shoppers.  Accenture and Guidewire have a detailed relationship and work with … Read more

Key strategies for P&C carriers to win in wealth management

Buyer expectations are shifting in direction of a desire for holistic monetary steerage. At present’s clients are in search of recommendation that’s tailor-made to their particular wants. They’ll actively swap to corporations that may present each personalised help and experiences which are aligned with their preferences.   In our final put up, we mentioned the 4 … Read more

Connected, innovative customer experiences

The current Qorus Accenture Innovation in Insurance coverage Awards highlighted the world’s main insurance coverage changemakers. The winners of every class stood up towards powerful competitors with initiatives that weren’t solely revolutionary, however efficient and with measurable affect. On this weblog sequence, I can be delving a bit deeper into every class, illustrating how every … Read more

What quantum computing means for insurance

Insurance coverage underwriting is basically a data-driven follow. With an more and more interconnected world producing way more knowledge than a person human can course of, computer systems and AI have are available in to assist knowledge evaluation and decision-making. Quantum computing has the potential to vary the best way the insurance coverage trade makes … Read more

Insurance News: How AI is enabling the future workforce

The insurance coverage trade continues to deal with an getting old workforce and with the impacts of the Nice Resignation. To fill the useful resource gaps, carriers are more and more turning to collaborative robots, or cobots, to assist prepare and retain youthful employees.  On this Insurance coverage Information Evaluation, we have been delighted to … Read more

Resilience inspires optimism in the insurance industry

Regardless of persevering with market volatility and uncertainty, we’re essentially optimistic about the way forward for the insurance coverage business, which has demonstrated resilience by means of the pandemic and within the face of inflation, losses, and reserve capital requirement headwinds.  As COVID-19 turned a worldwide pandemic in March 2020, the ensuing financial slowdown precipitated … Read more

How sustainability and workforce transformation inspire innovation

The current 2024 Qorus-Accenture Innovation in Insurance coverage Awards are a robust, sensible illustration of the developments shaping the insurance coverage business. Sustainability and workforce transformation have gotten central to insurers for retaining relevance in a altering market. Insurers must embed sustainability into their technique and worth proposition, and so they should embrace workforce transformation … Read more