Upcoming webinar: Modernising data platforms - are insurers ready?

Insurance companies hold large volumes of customer data across the insurance value chain, however the systems that contain this data are usually slow and outdated. Insurers need to expand their offerings with agile data platforms that can help drive better business insights.

A primary challenge in building a data asset is being able to ingest the data required in a timely and cost effective manner. 

With new and evolving requirements for organisations around data privacy, the protection of personally identifiable information drives the need for robust processes to handle data and ensure that appropriate measures are applied consistently, especially when additional data sources are added. However, taking a brute force approach to bringing data into an asset may lead to ballooning costs and could lead to ongoing development issues that will be difficult to rectify.

Among the questions we will seek to address are:

• Why is data important in the insurance decision making process – pricing, underwriting, cross selling, customer behaviour and adoption of digital capabilities?
• What are some of the typical challenges encountered by insurers when thinking about such initiatives, starting from business case development to delivery?
• What are some of market leading technologies/platforms that are helping in reimagining the delivery of these programmes?
• What are some of the industry leading practices/pitfalls that insurers should be aware of?
• What data challenges may insurers face in a post-Covid world?
• What data governance practices should insurers adopt?

Joining us for the discussion are:

• Mark Collins, chief information officer, Ageas
• Chris Wyard, chief data officer, Allianz
• Sanjay Nayyar, enterprise data management, EXL

Register for this free webinar