MAPFRE Open Innovation’s Post

The year 2024 is poised to usher in a transformative era for the #insurance industry in #Asia. Driven by the convergence of #AI and data analytics, insurance providers face a pivotal juncture in meeting evolving consumer expectations for #digital services. In this landscape, embracing AI and technological transformation is not just an option but an essential strategic imperative for success. 🔷 Dominic Targett Head of Group IT Management Office at AIA #InsuranceIndustry #ArtificialIntelligence #DataAnalytics #Technology

AI enables insurers to predict customer needs with unparalleled efficiency. But, how can the insurance industry make sure they get the most out of the technology? Carlos Ordoñez Sánchez, Head of Strategy & Advisory at NTT DATA Insurance EMEAL, explains to maximise AI’s potential, insurers must address five key challenges: Ecosystem integration Data-driven decisions Operational modernisation Process simplification Sustainability NTT DATA’s Insurance Vision outlines our approach to staying ahead of the curve. AI presents new opportunities for insurers to deliver better and more extensive services. If you’re interested in learning how to harness the full capabilities of AI, tune into the video below Watch the full video here: https://bit.ly/3LDqkxe #Insurance #Innovation #DigitalTransformation

AI enables insurers to predict customer needs with unparalleled efficiency. But, how can the insurance industry make sure they get the most out of the technology? Carlos Ordoñez Sánchez, Head of Strategy & Advisory at NTT DATA Insurance EMEAL, explains to maximise AI’s potential, insurers must address five key challenges: Ecosystem integration Data-driven decisions Operational modernisation Process simplification Sustainability NTT DATA’s Insurance Vision outlines our approach to staying ahead of the curve. AI presents new opportunities for insurers to deliver better and more extensive services. If you’re interested in learning how to harness the full capabilities of AI, tune into the video below Watch the full video here: https://bit.ly/3LDqkxe #Insurance #Innovation #DigitalTransformation

AI enables insurers to predict customer needs with unparalleled efficiency. But, how can the insurance industry make sure they get the most out of the technology? Carlos Ordoñez Sánchez, Head of Strategy & Advisory at NTT DATA Insurance EMEAL, explains to maximise AI’s potential, insurers must address five key challenges: Ecosystem integration Data-driven decisions Operational modernisation Process simplification Sustainability NTT DATA’s Insurance Vision outlines our approach to staying ahead of the curve. AI presents new opportunities for insurers to deliver better and more extensive services. If you’re interested in learning how to harness the full capabilities of AI, tune into the video below Watch the full video here: https://bit.ly/3LDqkxe #Insurance #Innovation #DigitalTransformation

AI enables insurers to predict customer needs with unparalleled efficiency. But, how can the insurance industry make sure they get the most out of the technology? Carlos Ordoñez Sánchez, Head of Strategy & Advisory at NTT DATA Insurance EMEAL, explains to maximise AI’s potential, insurers must address five key challenges: Ecosystem integration Data-driven decisions Operational modernisation Process simplification Sustainability NTT DATA’s Insurance Vision outlines our approach to staying ahead of the curve. AI presents new opportunities for insurers to deliver better and more extensive services. If you’re interested in learning how to harness the full capabilities of AI, tune into the video below Watch the full video here: https://bit.ly/3LDqkxe #Insurance #Innovation #DigitalTransformation

AI enables insurers to predict customer needs with unparalleled efficiency. But, how can the insurance industry make sure they get the most out of the technology? Carlos Ordoñez Sánchez, Head of Strategy & Advisory at NTT DATA Insurance EMEAL, explains to maximise AI’s potential, insurers must address five key challenges: Ecosystem integration Data-driven decisions Operational modernisation Process simplification Sustainability NTT DATA’s Insurance Vision outlines our approach to staying ahead of the curve. AI presents new opportunities for insurers to deliver better and more extensive services. If you’re interested in learning how to harness the full capabilities of AI, tune into the video below Watch the full video here: https://bit.ly/3LDqkxe #Insurance #Innovation #DigitalTransformation

Insurers who prioritize data transformation by leveraging tech like AI to create a single version of truth will succeed, according to Vidyadhar in this blog. Dive in to learn his insights on how to overcome the roadblocks, unify data, design data-driven strategies, and succeed. https://lnkd.in/e4ecSf6J #Insurance #InsurTech #RiskManagement #ArtificialIntelligence #DataAnalytics #ConnectedInsurance #DataDrivenInsurance

The #insurance industry sees itself as a #GenAI trailblazer, but ISG research finds only 5 percent of these initiatives have delivered tangible value. Insurance firms need strategic GenAI implementation, ISG's Dennis Winkler writes in Carrier Management. #AI #Automation #IntelligentAutomation #TechIntegration #DigitalTransformation #Innovation #AIandRPA #FutureOfWork https://dy.si/hZdMB

“In 2024, the insurance industry stands at a pivotal moment, where #AI is reshaping every aspect of its operations. To thrive in this new area, insurers must grasp and address five critical challenges.” These are the words of Carlos Ordoñez Sánchez, Head of Strategy & Advisory at NTT DATA Insurance EMEAL, as he outlines how #NTTDATA is helping its insurance clients with the foresight to stay ahead in the rapidly evolving AI landscape. Carlos highlights the five challenges facing insurers today: - Ecosystem integration - Data-driven decisions - Operational modernisation - Process simplification - Sustainability For Carlos’s full insights, watch the video: https://lnkd.in/ehmsvsHH, and read the report: https://lnkd.in/eedj4p8N #Insurance #Innovation #DigitalTransformation

“In 2024, the insurance industry stands at a pivotal moment, where #AI is reshaping every aspect of its operations. To thrive in this new area, insurers must grasp and address five critical challenges.” These are the words of Carlos Ordoñez Sánchez, Head of Strategy & Advisory at NTT DATA Insurance EMEAL, as he outlines how #NTTDATA is helping its insurance clients with the foresight to stay ahead in the rapidly evolving AI landscape. Carlos highlights the five challenges facing insurers today: - Ecosystem integration - Data-driven decisions - Operational modernisation - Process simplification - Sustainability For Carlos’s full insights, watch the video: https://lnkd.in/ehmsvsHH, and read the report: https://lnkd.in/eedj4p8N #Insurance #Innovation #DigitalTransformation