In this episode of InsureTech Mastery, Miguel Edwards, founder and CEO of FiveM Consulting LLC, is joined by technology titans Danny Varghese, President of Fortimize, and Dee Quang, Vice President of Data and Analytics at Fortimize. They dive into the incredible opportunities that small and medium-sized insurance companies have to build a comprehensive data strategy and gain a competitive edge.
Key topics discussed include:
The importance of data aggregation and standardization in insurance
How insurers can tackle data fragmentation
The role of data governance and stewardship in the industry
The impact of advanced analytics and unstructured data on insurance processes
Future trends and technologies that insurance companies should watch out for
Miguel shares insights from his experience as a CIO in the insurance industry, while Danny and Dee provide expert advice on leveraging technology to achieve business outcomes. They emphasize the need for a strong data foundation, responsible use of AI, and the significance of data governance in driving strategic decisions.
If you're interested in trends in the insurance industry, risk management, and executive leadership principles, this episode is for you. Don't forget to hit the subscribe button for more insights into the world of InsureTech!
Timestamps:
0:00 - Introduction
1:13 - Importance of data strategy in insurance
4:45 - Tackling data fragmentation
10:40 - The role of data strategy in digital transformation
14:00 - Challenges in investing in data strategy
17:23 - Data stewardship and business ownership
22:10 - Data governance in insurance
27:15 - Lessons from other financial services industries
31:19 - The horizon for advanced analytics and unstructured data
37:34 - Future trends and technologies in insurance
Connect with Us:
Miguel Edwards: LinkedIn Profile
Danny Varghese: [ Ссылка ]
Dee Quang: [ Ссылка ]
[ Ссылка ]
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#DataStrategy
#InsuranceIndustry
#TechInInsurance
#AdvancedAnalytics
#DigitalTransformation
#RiskManagement
#DataGovernance
#UnstructuredData
#InsuranceTechTrends
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