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What You Need to Know About Digital Transformation

In Uncategorized by Connie Powell

Full article with thanks to: innopharmaeducation.com/news/digital-transformation-guide—what-is-it-and-the-4-main-areas Our world is becoming increasingly digital. From governments to education, industries across the board are consistently digitalising more and more, and those who don’t can find themselves lagging behind. Digital Transformation You may have heard the term ‘digital transformation’ in the past, whether in job titles or business presentations, but what exactly is it? …

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5 Change Management Models

In Uncategorized by Roger Lewis

Full article with thanks to: blog.smarp.com/5-change-management-models-to-take-a-look-at Your teams’ ability to adapt to change has a direct impact on your business’s bottom line.  Your teams’ ability to adapt to change has a direct impact on your business’s bottom line.  The thing is, there’s no unique way to embrace change. The change management program you are about to implement depends on your industry, the company’s culture, …

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How Boards Can Help Digital Transformations 

In Uncategorized by Roger Lewis

Full article with thanks to: mckinsey.com/business-functions/mckinsey-digital/our-insights/how-boards-can-help-digital-transformations Few board directors would dispute the importance of digital and how it’s fundamentally reshaping the competitive landscape in almost every sector. But many of those we speak to are uncertain about what their role should be in helping senior management drive the digital transformations that businesses need to execute in order to survive. In-depth …

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Why Digital Transformation in Insurance Does Not Have To Be Disruptive 

In Uncategorized by Roger Lewis

Full article with thanks to: isg-one.com/industries/insurance/articles/why-digital-transformation-in-insurance-does-not-have-to-be-disruptive Managers across industries see digital transformation as a major challenge that calls everything into question. They must 1) rethink and change their business model, 2) migrate from physical to digital channels, 3) buy and integrate startups, 4) understand new and emerging technologies, and 5) get rid of legacy systems immediately. This perception of a …

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What Digital And Underwriting Changes Mean To The Insurance Industry

In Uncategorized by Connie Powell

So what does digital and underwriting changes mean to the insurance industry? We take a look at new technologies, marketing, ad campaigns and other tools. Full article with thanks to: forbes.com/sites/forbesfinancecouncil/2019/12/11/what-digital-and-underwriting-changes-mean-to-the-insurance-industry Digital transformation is disrupting the insurance industry, and the changes are creating both new demands and new opportunities. While quick online quotes may be the most readily evident transformation …

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5 Questions Boards Should Be Asking About Digital Transformation

In Uncategorized by Roger Lewis

Board members should consider digital transformation as an essential part of their current business model. Learn why digital transformation is valuable. Full article with thanks to: hbr.org/2021/06/5-questions-boards-should-be-asking-about-digital-transformation The CEO of a large retail company recently brought a $500 million digital-transformation-investment plan to his board. The board reviewed the proposal, but after asking a number of questions, they were unable to …

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Digital Transformation: Don’t Forget About The Customer!

In Uncategorized by Roger Lewis

A bit part of digital transformation is considering the customer. It involves a technology toolkit that’s made up of data analytics, insurance software and APIs. Full article with thanks to: insurancebusinessmag.com/us/news/technology/digital-transformation-must-happen-across-entire-insurance-ecosystem-226451.aspx The global COVID-19 pandemic has placed insurance technology under the spotlight. It has weeded out the digital front-runners from the digital dawdlers and has highlighted the importance of innovation …