Shah Newaz Alam’s Post

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

“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

“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

At Planck, we're reshaping the insurance landscape with cutting-edge AI and data analytics. Recently, our Co-Founder, David Schapiro, shared insights with Insurance Knowledge Hub about the transformative impact of our technology in the insurance sector.   Here are some key insights from the conversation: 🔍 Through AI, we empower small commercial insurers with unparalleled data insights, enabling informed underwriting and pricing decisions. 💰 Our solutions are revolutionizing how carriers manage their loss and combined ratios, benefiting their bottom line and the customer experience. 🚀 Looking ahead, we anticipate a significant surge in the adoption of advanced technologies like ours, influencing a substantial portion of insurance premiums over the next 5-10 years. As the insurance industry continues evolving, Planck stands at the forefront, driving a shift towards a more data-driven, tech-enabled future. 🏆 Curious to learn more about Planck's innovative approach? Visit our website here: https://lnkd.in/ghYjN-CB #InsurTech #FutureOfInsurance #ArtificialIntelligence #DataDriven #InsuranceInnovation #AIinInsurance 

Achieving the Next Normal in Insurance Technology (#BFSI)...   In recent years, technological advancements, data, and analytics have significantly transformed insurers' cost structures. The COVID-19 pandemic has intensified the need for sustainable expense reduction and enhanced business capabilities.   To achieve an efficient frontier, organizations must take three key actions: ◾ Rethink how technology fits into the business ◾ Change the way technology provides products & services to customers ◾ Make sure technology systems are high-quality & ready for the future   #AI has greatly changed the insurance industry, making risk management and customer interactions better. Insurers are now preparing for quick changes in #AItechnologies, #businessstrategies, #datamanagement, and the right #technologyinfrastructure. We at Viitorcloud support transformation with AI solutions that optimize operations, improve decision-making and enhance customer engagement for a smarter, more competitive insurance and technology landscape. #Viitorcloud #Insurance #InsurTech #AI