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A recent criticism of blockchain comes from Jim Fowler, CTO at insurance carrier Nationwide. While insurance carriers were an early example of potential users , Fowler talks about blockchain as an example of how to avoid getting distracted by shiny, new technologies.
Examples include scanning invoices, extracting basic contract information, or capturing information from PDF forms. Michael Beckley, CTO and founder of Appian, says document processing is a boring gen AI use case with significant business potential. Why should CIOs bet on unifying their data and AI practices?
In October, Microsoft announced that 100,000 organizations including Standard Bank, Thomson Reuters, Virgin Money, and Zurich Insurance are using Copilot Studio, double the number just months earlier. Weve developed our own agentic AI for code management, says Charles Clancy, CTO at Mitre.
IT consultants are often hired to provide companies guidance on what technologies they should use to achieve their aims, according to career website Indeed. These include strategy consultants, systems consultants, and security consultants, among others, says Paul Farnsworth, CTO attechnology careers site Dice.
Insurance companies are no longer only there for their customers in times of disaster. Modern approaches to insurance and changes in customer expectations mean that the insurance business model looks very different than it used to. For many insurers, this means investing in cloud.
When Matt Postulka left Arbella Insurance Group as deputy CIO at the start of the COVID-19 pandemic, he didn’t intend to look back. These boomerang CIOs have every reason to be as successful as a more traditional external new hire, but not more so, according to Martha Hello, CEO of Heller Search Associates.
The regulations themselves are a part of, and a driver to, a set of complex problems for industry — presently, with risk being transferred away from DoD to its contractors who will find risk rebounding to them via their “cyber” insurance policies. We’ll start by peeling back the onion layers around the regulations themselves.
“After some time, people have understood the storage needs better based on usage and preventing data extract fees.” I strike this language from all my contracts.” A self-hosted infrastructure is time-intensive, demands specialized expertise, and comes with significant expenses.”
Amit Goel joins Blox as CTO. Web Werks India hires Kamal Goel as director of IT. Publicis Groupe India names Roopesh Pujari as CTO. Roopesh Pujari has been promoted to CTO at marketing and advertising firm Publicis Groupe India. Gaurav Sharma becomes group CTO of Poonawalla Fincorp. February 2022. January 2022.
This applies to his IT group as well, specifically, in using AI to automate the review of customer contracts, Nardecchia says. We will continue to reduce our investment and presence at our on-prem data center,’’ says Raju Seetharaman, senior vice president of IT and transformation at life insurance company Legal & General America. “We
Abrahamson also changed some of his hiring criteria, bringing on people with product management and human-centered design experience. Dundas felt it was important to establish the IT organization’s specific DNA and culture before the hiring surge. That became part of the interviewing process as we hired dozens of people.
A new health-tech spinout from Seattle’s Allen Institute for AI (AI2) aims to reimagine how doctor’s offices and insurance companies communicate with each other, using artificial intelligence to deal with time-consuming phone calls. The company is hiring for several roles. MajorBoost co-founder and CEO Lekshmi Venu.
LinkedIn Photos) — Swiftly , a grocery retail tech startup based in Seattle, welcomed two new hires to its C-suite. — Health insurance provider Regence announced the expansion of three sales leadership roles in Washington and Oregon. He more recently held leadership roles at ConnectWise, Sage and Splunk.
Srini Koushik has been passionate about the environment for 35 years and now, as a board member of the nonprofit SustainableIT.org and CTO of cloud services provider Rackspace Technology, he wants to help enterprises achieve sustainability in the cloud. By choosing them, enterprises are almost adopting net zero by proxy,” Koushik says.
McKee, tech founder and digital twins thought leader at Counterpoint Technologies, acts as a part-timeCTO for nine companies in the US and Europe. One client cut staff earlier this year, only to discover that another part of the business needed their institutional knowledge for a strategic project.
Former Microsoft and Amazon Alexa engineering leader Sonny Patel was named CTO and CPO of insurance tech startup Socotra. Socotra Photo) — Sonny Patel was hired by San Francisco-based insurance tech startup Socotra as CTO and CPO. Founded in 2015, Socotra sells cloud-based tools for insurance tech companies.
Arora spent more than two years at Jeff Bezos’ Blue Origin, most recently as part of the team building the space venture’s human landing system. billion contract to return astronauts to the moon. based startup Lessen named Chris Bee , a former senior director of product development at Zillow, as CTO. Athira Photos).
Consider consumption-based contracts One of the best ways to align IT costs with value-generating outcomes is with consumption-based pricing, although it may seem like a higher-cost option. Consumption-based contracts are self-optimizing,” says Gartner’s Buchanan. When it is renewal time, make sure to scrutinize and shop around.”
Former Rover CTO Scott Porad joined peer-to-peer moving service Dolly as chief technology officer. Prior to joining Rover in 2013, Porad was CTO for Cheezburger and held multiple director roles at Bellevue, Wash.-based Dolly currently has 40 full-time employees and plans to double its headcount and sales in the upcoming year. .
The global head of cyberthreat management at a leading global property and casualty insurance company suggests: “Look across your portfolio where you’ve got that kind of auto-update automation and [ask], ‘Can they be slowed down some to keep this from being bigger than it needs to be?’ This helps mitigate risks and ensures accountability.
Seattle healthcare startup DexCare hired Robin Borg as chief people officer. The longtime human resources vet previously served as CPO of telemedicine startup Galileo and health insurance company Surest. Borg’s hire comes on the heels of DexCare’s $75 million funding round earlier this month.
Jonathan Watson , previously VP of engineering at Clio, as CTO. Madrona Venture Group hired Sabrina Wu as an investor. Seattle recruiting startup Candidate hired Sean B House as VP of engineering and Krista Place as head of marketing. The company is now remote-first and hiring in the Seattle region. Sabrina Wu.
We experienced the impact of one of our SaaS providers, OpCon, not having a solid DR [disaster recovery] plan during the MS Azure Central Region outage,” says Gary Jeter, CTO of TruStone Financial. The nightly processing jobs were significantly delayed, which has a large impact on our credit union and our members.
Healthcare seemed like a better place to put his expertise to use “than the slightly ephemeral stuff I was working on at Microsoft,” says Jones, who spent a decade at Microsoft prior to his time at Meta. At the same time, he says the level of interest in working in more traditional companies is “much more than I’ve seen in previous years.”
based online insurer, is developing an LLM-based platform to handle customer requests with far more intelligent and enhanced chatbots. The WiPro exec cited an example of a recent POC that a life sciences firm conducted using Google’s Gen App Builder to reduce contract management costs and improve agreement adherence to company policies.
Introduction In today's digitally connected world, cybersecurity is a top concern for businesses across all sectors, and insurance companies are no exception. In this blog post, we will explore the different dimensions of cybersecurity for insurance companies.
The other proposed additions to the healthcare suite includes adding inventory management systems, administrative systems including applications for management of complex contract workforce, recruiting, scheduling and payment options.
Thomas, and CTO JP Monteiro in Zurich. He was announced as Veezoo’s new board member Monday, joining its three co-founders on the four-person board: brothers Marcos Monteiro (CEO) and JP Monteiro (CTO), and Till Haug (COO). Veezoo has thousands of customers at enterprise clients including large insurance companies and retailers.
For the more specialized IT needs, there just aren’t enough people to meet the demand,” says Michael Manos, CTO of Dun & Bradstreet. World Insurance’s Corrigan advises asking what skillsets, certifications, and personality types they look for when hiring.
“We get consistent investment year over year,’’ says Yao Morin, CTO of global commercial estate company JLL. Taking an ad hoc approach Digital literacy takes time and at Rosendin, a national electrical and communications contracting firm, the approach is slow but steady. Leadership “puts their money where their mouth is.”
Michael Day , CEO at Topa Insurance Group, and Mark Hill , chief digital officer at CSL Behring, will join as independent members. “As Day previously held leadership roles at CSAA Insurance, MTV Networks, Disney, and Deloitte. Jeff Bezos-backed General Fusion hired Jay Brister as chief development officer. Portland, Ore.-based
“I like thinking about how to stabilize, secure, and scale the organization at a foundational level, to really implement innovation,” she says, noting that her perspective made her a better fit for the CIO position rather than a CTO role with its focus on products.
The primary focus of the internal email was not the cutbacks among rank-and-file employees but a series of changes in executive leadership, including one departure and one new hire. Jonathan Finch, former Global CTO for Amazon Insurance, is joining Expedia Group and will lead its InsurTech business.
The Seattle startup is focusing on medical device, pharmaceutical and insurance companies. BirchAI aims to cover “those expensive calls where you have people spending a lot of time after the call documenting what they just did,” said CEO Kevin Terrell , in an interview with GeekWire. BirchAI CTO and co-founder Yinhan Liu.
Heavily-funded delivery service Gopuff hired three more Seattle-based leaders: Former Beyond Meat COO Sanjay Shah as SVP of North America fulfillment. He was most recently SVP of product management at speciality auto insurance provider Hagerty and previously VP of digital at restaurant chain sweetgreen. Vinayak Hegde. Wheels Up Photo).
Gleam, a platform for insurance brokers to implement self-funded health plans for SMBs and startups. Watto AI From left: Watto AI founder and CEO Rishabh Panwar, co-founder Ishita Bhandari, and CTO and founder Suryansh Soni. Watto AI, an AI program that generates consulting reports. What’s your secret sauce?
Scout for leadership potential outside the usual venues CIOs who step away from their offices and regularly interact with IT team members tend to be best positioned to discover hidden talent, says Santhosh Keshavan, CIO at finance, investment, and insurance company Voya Financial.
A new startup born out of Pioneer Square Labs in Seattle wants to help independent workers who don’t have medical insurance save money at the pharmacy. Otis is targeting freelance and part-time workers with a digital discount card.
He is joined by other hospitality and property tech vets: CTO Greg Mushen held the position of Director of Product Management at Expedia, and also served as VP of Product Management at Seattle-based sales startup Outreach. He is also the Founder and CEO of ClearClose, a startup that automates real estate contract compliance.
This has led to a competitive job market and has made it difficult for businesses to find, hire, and retain the talent they need to protect themselves from cyberattacks. This will put even more pressure on businesses to find and hire the talent they need to protect themselves from cyber threats. Cyber insurance trends in 2023.
Heavily-funded delivery service Gopuff hired three more Seattle-based leaders: Former Beyond Meat COO Sanjay Shah as SVP of North America fulfillment. He was most recently SVP of product management at speciality auto insurance provider Hagerty and previously VP of digital at restaurant chain sweetgreen. Vinayak Hegde. Wheels Up Photo).
Most popular stories on GeekWire Prudential to shut down Assurance, the insurance tech startup it acquired for $2.35B in 2019 Insurance giant Prudential is shutting down Assurance IQ, five years after spending $2.35 Sign up to receive these updates every Sunday in your inbox by subscribing to our GeekWire Weekly email newsletter.
The idea is to reduce the grunt work of M&A due diligence, creating more time for high-level analysis and human expertise. Wokelo CEO Masson and CTO Nanda experienced both ends of this spectrum in their prior roles. In the meantime, Nanda went to work for Tata AIG, the insurance giant, where he was also immersed in NLP.
out of 4,800, The New York Times reported. million, according to the Federal Deposit Insurance Corporation, and it did not offer online banking or credit cards. The Times reported that in the third quarter this year, the bank’s deposits grew nearly 600% to $84 million. Its net worth was $5.7 Morgan Chase.
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