Course Outline
Introduction to Insurtech
- Industry impact
- Identifying winners and losers
Assessing your company's current status
Technical innovations applied to the insurance sector
- Big Data, Blockchain, AI, Robotics, IoT, JIT, Security
Mapping your company's current state and defining your target position six months from now
Case study and exercise:
- Conducting a readiness assessment
Big Data: Leveraging your most valuable asset
- Core concepts and applications
-
Developing a Big Data strategy
- Assembling the right team
- Capitalizing on existing assets and building forward
Blockchain: Utilizing the digital ledger for organizational benefit
- Demystifying Blockchain technology
- Insights from the financial sector
-
Developing a Blockchain strategy
- Assembling the right team
- Mapping transactions to the blockchain
AI: Introduction to Artificial Intelligence
- Machine learning, natural language processing (text and speech), computer vision, and robotics
- The role of corporate and open-source contributions to AI research and development
- Accessing and utilizing available resources
Robotics and automation: Engaging robots to enhance productivity
- Automation versus Robotic Process Automation (RPA)
-
Implementing an RPA strategy
- Outsourcing versus in-house development
IoT: Building new business models on IoT-enabled platforms and ecosystems
- Five ways IoT will transform the insurance industry
-
Redesigning insurance policies to reflect the real-time health and status of individuals and assets
- Assembling the right team
JIT: Applying Just-In-Time marketing to insurance
- Lessons on JIT from manufacturing moving to creative services
-
Implementing processes and tools for JIT
- Assembling the right team
Online security: Securing the insurance domain
- Re-evaluating traditional cyber-security definitions
-
Implementing a compliance plan and training business leaders
- Assembling the right team
Synthesizing the key takeaways
- Rejecting "one-size-fits-all" or "all-or-nothing" approaches
- Taking the initial step
Communicating complex concepts
- Engaging in conversations with managers and leaders
- Engaging in conversations with technical experts and data analysts
Closing remarks
Requirements
- Existing knowledge of the insurance sector, including its systems and processes
- A keen interest in understanding how Insurtech is reshaping the competitive landscape of insurance
- A desire to learn how to adopt new technologies and methodologies in a structured, step-by-step manner
Testimonials (4)
The ability of the trainer to align the course with the requirements of the organization other than just providing the course for the sake of delivering it.
Masilonyane - Revenue Services Lesotho
Course - Big Data Business Intelligence for Govt. Agencies
The oral skills and human side of the trainer (Augustin).
Jeremy Chicon - TE Connectivity
Course - NB-IoT for Developers
Professional knowledge from the market provided by an expert
Bartlomiej Srednicki - GP Strategies Poland sp. z o.o.
Course - Fintech: A Practical Introduction for Managers
Practical work