The emergence of InsurTech has the Insurers gradually altering its traditional approach to managing business. Start-ups are springing across the globe, eager to disrupt the industry. Technology has taken center stage, be it in distribution channels, claims management, underwriting or customer service.
Also, with newly created roles such as Chief Digital Officer and Chief Analytics Officer, CIOs must adopt a more proactive approach to the changing technology landscape and work closely with these new stakeholders to advance business prospects. Legacy systems will always be one of the top challenges they have to manage but beyond these fundamental issues, how can they value-add in today’s business climate?
This year’s Summit will discuss the present challenges CIOs face, gradually altering their traditional approach and what the future looks like for them.