CIO Business Intelligence

OCTOBER 16, 2024

>To help insurance brokerages tie in disparate systems to manage their operations and increase employee productivity, CRM software provider Salesforce has introduced a new offering in preview, the Financial Services Cloud. In addition, Financial Services Cloud can be used to service property and casualty insurance clients as well.

Insurance 298

Insurance Financial Cloud Policies 298

CIO Business Intelligence

JANUARY 29, 2025

The insurance industry has been one of the first industries to fully embrace AI and quickly start finding ways to capitalize on its ability to parse vast databases of structured and unstructured data to surface meaningful information. Meanwhile, processing times keep getting longer, putting a strain on customers and adding costs for insurers.

Insurance 130

Insurance Fractional CTO CTO Artificial Intelligence 130

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age.

Insurance 305

Insurance Data Center Training Data 305

Network World

NOVEMBER 5, 2024

VeloRAIN (Robust AI Networking), launched Tuesday at the VMware Explore conference in Barcelona, Spain, will “deliver unprecedented visibility, prioritization, and automation for enterprise networks allowing organizations to operate more efficiently and deliver superior user experiences,” the company said in a statement.

Vmware 370

Vmware Network Applications Survey 370

CIO Business Intelligence

MARCH 13, 2025

For us, that means remembering our core mission: providing risk management and insurance solutions to our customers in a way that helps them protect their businesses and families. Thats the mindset we need to bring into every business, whether were selling insurance, financial services, or something else entirely.

Company 310

Company Insurance Education Policies 310

Forrester IT

JULY 11, 2022

Announcing the seven semi-finalists among those companies nominated for the prestigious Forrester Enterprise Architecture Award 2022 for North America! Without further ado, the semi-finalists are (in alphabetical order): Arch Insurance Group Inc. Blue Cross NC […].

Architecture 369

Architecture Enterprise Enterprise Insurance 369

CIO Business Intelligence

NOVEMBER 18, 2024

Traditionally viewed as rock-solid and steady, the insurance industry is not exactly associated with taking big risks. Gray Nester, CIO, Brown & Brown Insurance Gray Nester / Brown & Brown Some, like BBNI’s Technology Solutions Group, are being renamed and restructured to orchestrate greater immersion in the business.

Insurance 336

Insurance Strategy Enterprise Enterprise 336

CIO Business Intelligence

NOVEMBER 11, 2024

AI spending on the rise Two-thirds (67%) of projected AI spending in 2025 will come from enterprises embedding AI capabilities into core business operations, IDC claims. Enterprises are also choosing cloud for AI to leverage the ecosystem of partnerships,” McCarthy notes. Only 13% plan to build a model from scratch.

Cloud 344

Cloud Enterprise Enterprise Government 344

CIO Business Intelligence

FEBRUARY 12, 2025

According to ITICs 2024 Hourly Cost of Downtime Survey , 90% of mid-size and large enterprises face costs exceeding $300,000 for each hour of system downtime. Start by backing up virtual machines, physical servers, and enterprise systems of record that store your most sensitive information.

Enterprise 191

Enterprise Enterprise Security Backup 191

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age.

Insurance 263

Insurance Data Center Training Data 263

CIO Business Intelligence

MARCH 19, 2025

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. Major enterprise software vendors are also getting into the agent game. followed a couple months later. And thats just the beginning.

CTO Hire 359

CTO Hire Fractional CTO Software Development Survey 359

Network World

AUGUST 14, 2024

The average organization adds or updates some 300 services every month, creating a significant challenge for security teams charged with protecting enterprise cloud-based resources, notes Unit 42.

Enterprise 448

Enterprise Enterprise Network Firewall 448

CIO Business Intelligence

MARCH 27, 2024

When the leadership team at Erie Insurance planned a large-scale transformation, they knew it couldn’t be an IT-only effort. The most important part of our strategy is we work as a unified team with an enterprise mindset,” he says. The second is Erie’s Enterprise Transformation Office. “We

Insurance 237

Insurance Development Programming Enterprise 237

CIO Business Intelligence

NOVEMBER 20, 2024

First launched as the CIO50 ASEAN Awards in 2019, the decision to expand to 75 awards in 2021 – and later to 100 awards in 2022 – was in recognition of a wealth of standout submissions, increased interest levels, and a desire to showcase best examples of enterprise transformation across all regional markets and sectors.

Insurance 264

Insurance Banking Groups Education 264

CIO Business Intelligence

MARCH 5, 2025

The biggest challenge enterprises face when it comes to implementing AI is seamlessly integrating it across workflows. Without the expertise or resources to experiment with and implement customized initiatives, enterprises often sputter getting projects off the ground. Cost and accuracy concerns also hinder adoption.

Artificial Intelligence 214

Artificial Intelligence Insurance Enterprise Enterprise 214

CIO Business Intelligence

SEPTEMBER 10, 2024

More organizations than ever have adopted some sort of enterprise architecture framework, which provides important rules and structure that connect technology and the business. The results of this company’s enterprise architecture journey are detailed in IDC PeerScape: Practices for Enterprise Architecture Frameworks (September 2024).

Architecture 289

Architecture Enterprise Enterprise Disaster Recovery 289

Forrester IT

APRIL 8, 2022

Cyber insurance is only one component of a bigger enterprise cybersecurity risk management program. However, the cyber insurance market has been on a roller coaster, with skyrocketing premiums, changes in coverage, and a demand for policies that outweighs available supply.

Insurance 195

Insurance Policies Programming Enterprise 195

CIO Business Intelligence

MARCH 6, 2025

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.

Fractional CTO 328

Fractional CTO CTO Hire Real Estate CTO 328

Forrester IT

FEBRUARY 24, 2019

The term “digital transformation” has been constantly mentioned over the past few years, even becoming some enterprises’ North Star. As my colleague Ted Schadler stated (and I agree), digital transformation is in a sorry state. But digital transformation can be a puzzle for business and technology leaders.

Insurance 332

Insurance Enterprise Enterprise 332

CIO Business Intelligence

JANUARY 19, 2023

As companies shift their focus from the digital transformation of individual processes to the business outcomes enabled by a digitally transformed organisation, software engineering will become a core enterprise capability. 61% of respondents rated the performance of OSS as being superior compared to proprietary software.

Open Source 342

Open Source Enterprise Enterprise Software 342

CIO Business Intelligence

AUGUST 21, 2024

From insurance to banking to healthcare, organizations of all stripes are upgrading their aging content management systems with modern, advanced systems that introduce new capabilities, flexibility, and cloud-based scalability. We can accomplish so much with a small team,” said the bank’s enterprise process manager.

Case Study 278

Case Study Study Enterprise Enterprise 278

CIO Business Intelligence

JANUARY 21, 2025

We may look back at 2024 as the year when LLMs became mainstream, every enterprise SaaS added copilot or virtual assistant capabilities, and many organizations got their first taste of agentic AI. AI at Wharton reports enterprises increased their gen AI investments in 2024 by 2.3

CTO Hire 356

CTO Hire Fractional CTO Strategy Government 356

CIO Business Intelligence

JUNE 19, 2023

million people, with more than 400 sites of care, including six hospitals, and as the organization struggled with these issues, it quickly became apparent that insurance authorization for imaging and radiology services — a foundational diagnostic step before almost any care can begin — was a bottleneck. We are not done,” he says. “We

Insurance 264

Insurance Healthcare Nonprofit System 264

Tech Republic Security

OCTOBER 1, 2024

A report from insurer QBE predicts that the world will experience 211 significant cyber attacks this year, marking a 105% increase over four years.

Report 496

Report Insurance Artificial Intelligence Security 496

CIO Business Intelligence

OCTOBER 20, 2024

These awards are aligned with Foundry’s global awards programme and viewed as a mark of excellence within the enterprise. Set for Tuesday 19 November, the CIO100 ASEAN Awards event will bring together the top senior technology executives and teams in Southeast Asia and Hong Kong driving innovation and influencing rapid change.

Banking 281

Banking Insurance Meeting Energy 281

CIO Business Intelligence

MARCH 27, 2025

By using industry-specific AI agents and large language models (LLMs) to manage and automate complex business workflows, it enables enterprises to achieve a greater return on their AI investments through higher efficiency, enhanced customer experiences, improved accuracy, and increased scalability. The EXLerate.AI

Insurance 147

Insurance Artificial Intelligence Enterprise Enterprise 147

CIO Business Intelligence

AUGUST 21, 2024

But it doesn’t have to be that way because enterprise content management systems have made great strides in that same timeframe, including with new artificial intelligence technology that makes it far easier for employees to find and make the best use of all the content the organization owns, no matter if it’s text, audio, or video.

Enterprise 335

Enterprise Enterprise Artificial Intelligence Analysis 335

Venture Beat

MARCH 17, 2021

Coalition, an enterprise-grade cybersecurity platform that specializes in insurance, has raised $175 million in a round of funding. Read More.

Insurance 141

Insurance Enterprise Enterprise Company 141

CIO Business Intelligence

FEBRUARY 20, 2025

Customer concerns about old apps At Ensono, Klingbeil runs a customer advisory board, with CIOs from the banking and insurance industries well represented. Banking and insurance are two industries still steeped in the use of mainframes, and Ensono manages mainframes for several customers.

Cloud 270

Cloud Applications Insurance Data 270

CIO Business Intelligence

SEPTEMBER 13, 2022

For the evolution of its enterprise storage infrastructure, Petco had stringent requirements to significantly improve speed, performance, reliability, and cost efficiency. This bank needed to upgrade its enterprise storage infrastructure as part of a major upgrade of online banking applications with a third-party provider.

Case Study 242

Case Study Storage Study Enterprise 242

Forrester IT

NOVEMBER 12, 2016

This is a follow-on to my post Artificial Intelligence: Fact, Fiction, How Enterprises Can Crush It. Here are the nine pragmatic AI technology building blocks that enterprises can leverage now: ■ Knowledge engineering.

Artificial Intelligence 408

Artificial Intelligence Insurance Engineering IBM 408

CIO Business Intelligence

MARCH 11, 2025

This could be the year agentic AI hits the big time, with many enterprises looking to find value-added use cases. Business alignment, value, and risk How can an enterprise know whether a business process is ripe for agentic AI? A key question: Which business processes are actually suitable for agentic AI?

How To 318

How To Examples Data Applications 318

CIO Business Intelligence

MARCH 19, 2025

When I joined RGA, there was already a recognition that we could grow the business by building an enterprise data strategy. We were already talking about data as a product with some early building blocks of an enterprise data product program. Enterprise gen AI is where the true value is. Thats gen AI driving revenue.

Data 162

Data Enterprise Enterprise Education 162

CIO Business Intelligence

DECEMBER 9, 2024

New advancements in GenAI technology are set to create more transformative opportunities for tech-savvy enterprises and organisations. In insurance, we can soon expect to see agentic agents manage the end-to-end workflow for customer engagements.

Healthcare 246

Healthcare Analysis Examples Insurance 246

CIO Business Intelligence

DECEMBER 30, 2024

Vendors are adding gen AI across the board to enterprise software products, and AI developers havent been idle this year either. According to a Bank of America survey of global research analysts and strategists released in September, 2024 was the year of ROI determination, and 2025 will be the year of enterprise AI adoption.

CTO Hire 354

CTO Hire Software Development Software Software 354

CIO Business Intelligence

JULY 26, 2024

As eye-popping estimates emerge for the cost to enterprises of dealing with aftermath of last week’s CrowdStrike-induced outages, it’s crucial to break down the sources of these expenses and understand how much of the financial burden will be absorbed by cyber insurance. million, $71.8 million and $143.38 million, respectively.

Insurance 299

Insurance Airlines Policies Financial 299

Social, Agile and Transformation

DECEMBER 2, 2024

These advancements promise to increase accuracy and reduce costs, particularly in regulated industries like financial services, insurance, and life sciences. By 2025, generative AI will drive significant business value, focusing on practical, less glamorous use cases like document processing, intelligent automation, and AI agents.

Industry 165

Industry Insurance Financial Security 165