Course Outline
Introduction to Insurtech
- Industry impact analysis
- Winners and losers in the digital age
Evaluating your company's current position
Technological innovations applied to the insurance sector
- Big Data, Blockchain, AI, Robotics, IoT, JIT, and 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: Maximizing the value of your most significant asset
- Core concepts and practical applications
-
Developing a Big Data strategy
- Assembling the right team
- Leveraging existing assets to build upon
Blockchain: Utilizing the digital ledger for organizational benefit
- Demystifying Blockchain technology
- Key lessons from the financial sector
-
Executing a Blockchain strategy
- Assembling the right team
- Mapping your 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: Deploying robots to support your workforce
- Differentiating between Automation and Robotic Process Automation (RPA)
-
Implementing an RPA strategy
- Evaluating outsourcing versus in-house development
IoT: Developing new business models based on IoT-enabled platforms and ecosystems
- Five ways IoT will transform the insurance industry
-
Redesigning insurance policies to reflect the real-time health and condition of individuals and assets
- Assembling the right team
JIT: Leveraging Just-In-Time marketing within insurance
- Key lessons from the manufacturing sector applied to creative services
-
Implementing the processes and tools necessary for JIT
- Assembling the right team
Online security: Enhancing security for insurance operations
- Revisiting traditional definitions of cyber-security
-
Implementing a compliance plan and training business leaders
- Assembling the right team
Synthesizing all elements
- Avoiding "one-size-fits-all" solutions and "all-or-nothing" approaches
- Taking the initial steps
Communicating complex concepts
- Engaging in conversations with managers and leaders
- Engaging in conversations with technical experts and data analysts
Closing remarks
Requirements
- Familiarity with the insurance sector, including its systems and operational processes
- A strong interest in understanding how Insurtech is reshaping the competitive dynamics of the insurance industry
- A desire to learn how to systematically adopt new technologies and methodologies
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