Get in Touch

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
 14 Hours

Number of participants


Price per participant

Testimonials (4)

Upcoming Courses

Related Categories