Keyword
digital transformation
Why digital transformation gives brokers the edge over directs
May 14, 2019 by David GambrillIt’s a common misperception that large direct insurance companies have lots of money to invest in the best, most innovative technology, creating a divide between them and smaller, “have not” brokerages. But digital transformation is actually levelling the playing field…
Marketers Rising
March 4, 2019 Robyn Croll, Vice President, Customer Insights, Goose DigitalOnce considered a line item on the expense chart, marketers are now starting to reach the executive levels of brokerages – and here’s why
Why less is better for digital transformation
March 1, 2019 by Jason ContantCompanies looking to undergo a digital transformation should follow the expression “more is not always better” when it comes to selecting system integrators and vendors, a speaker said Wednesday at the Insurance-Canada.ca Technology Conference in Toronto. During the transformation process,…
One way for a mutual insurer to “own the pace of its transformation”
May 23, 2018 by Jason ContantA mutual insurer in Alberta has partnered with software provider Mutual Concept Computer Group (MCCG) to “own the pace of their transformation.” By incorporating MCCG’s Online Quoting Solution, Mennonite Mutual Insurance Co. (Alberta) Ltd. (MMI) will be able to simplify…
Worldwide small- and medium-sized business IT spending to top US$676 billion in 2021: International Data Corporation
July 26, 2017 by Canadian UnderwriterTotal IT spending by small- and medium-sized businesses (SMBs) around the globe will approach US$568 billion in 2017 and increase by more than $100 billion to exceed US$676 billion in 2021, according to the International Data Corporation (IDC). IDC, the…
Brokers taking the initiative to embrace digital transformation: Insurance Analytics Canada speaker
July 4, 2017 Jason Contant, Online EditorMany brokers are taking the bull by the horns and embracing digital transformation, with or without the help of insurers, a speaker suggested last week at the Insurance Analytics Canada Summit in downtown Toronto. Greg McCutcheon, president of Markham, Ont.-based…
35% of top global insurers have appointed a chief digital officer to oversee business transformation: PwC’s Strategy&
June 26, 2017 by Canadian UnderwriterMore than one-third of the world’s top insurance companies have appointed an executive – commonly known as a chief digital officer (CDO) – to oversee the digital transformation of their business, according to a new study from Strategy&, PwC’s strategy…
43% of companies achieving positive outcomes from digital transformation investments: XL Catlin-sponsored survey
June 14, 2017 by Canadian UnderwriterMore than four in 10 companies surveyed for an XL Catlin-sponsored study have reported achieving positive outcomes from digital transformation investments, especially those using digital technology at all levels of operations, from supply chains and distribution networks to compliance activities…
Global organizations will spend US$1.2 trillion on “digital transformation technologies” in 2017: International Data Corporation
February 24, 2017 by Canadian UnderwriterGlobal organizations will spend US$1.2 trillion on digital transformation this year, with the fastest growth coming from insurance, banking, retail and healthcare providers, International Data Corporation (IDC) said on Thursday. A new update to IDC’s Worldwide Digital Transformation Spending Guide…
Insurance industry expects digital technology to drive transformation, but most companies unprepared: study
November 1, 2016 by Canadian UnderwriterDigital transformation can propel the insurance industry forward but barriers exist, with a “significant gap between organizations that leverage technology for competitive advantage and those that struggle with innovation,” according to a new study. The study, titled Assessing digital impact…
78% of global businesses believe digital start-ups pose threat to their organization: Dell Technologies study
October 7, 2016 by Canadian UnderwriterNearly four in five (78% of) global businesses believe that digital start-ups pose a threat to their organization, either now or in the future, and almost half (45%) surveyed fear that they may become obsolete in the next three to…
IBM and Majesco form five-year partnership to accelerate new global insurance services
October 3, 2016 by Canadian UnderwriterTechnology company IBM announced on Monday a five-year partnership with Majesco – a global provider of core insurance software, consulting and services for insurance business transformation – to jointly offer a new cognitive, cloud-based platform to help insurance carriers worldwide…