The document discusses how the Internet of Things (IoT) is changing the insurance industry by connecting devices, people and infrastructure. It outlines five key success factors for insurers to become "Insurers of Things": 1) choosing their role in ecosystems, 2) building integrated product, technology and service layers, 3) extending and adapting processes, 4) sharing data through open architectures, and 5) fostering a culture of innovation. The IoT is a disruptive opportunity for insurers but also risks irrelevance if they do not transform their business models to the connected economy.
Key innovative market trends for your policy administrative systemAccenture Insurance
Traditional policy administration systems in the past were built in a monolithic manner with very limited requirements and capability to integrate outside the back-office world. Distribution channels were minimal and very specific. However, by leveraging the Internet and social media, distribution channels are now limited only by the imagination.
Insurers are accelerating the shift to a radically different distribution model, where digital plays an increasingly important role in the majority of interactions and agents’ efforts are refocused to add more value. Only one out of five carriers reject this model. The most disruptive distribution innovation is
the Internet of Things (IoT) which, among other things, is driving insurance beyond indemnification to real-time protection.
Harnessing the data exhaust stream: Changing the way the insurance game is pl...Accenture Insurance
Vast new data streams create opportunities for insurers to identify and act upon hidden insights, but they also open the door for new business models and competitors.
Data-driven insights make it possible to create new products and new revenue streams, typically in partnership with players from outside the industry.
Harnessing external data is a complex undertaking, but insurers can start by developing a comprehensive plan and then undertaking specific, high-return initiatives that build momentum and help transform the enterprise into a winning competitor in the new digital arena.
Many insurers have set out on the journey of robotic process automation. In most cases, this has meant running pilots on simple business processes before scaling up to deliver more material benefits through an industrialized automation capability. Our experience shows that a holistic and integrated approach to these implementations is essential.
Digital disruption in the insurance sector in indiaPrayukth K V
The Insurance sector in India will see massive digital disruption dislodging conventional business and customer engagement paradigms in the years to come...find out more
Open Insurance - Unlocking Ecosystem Opportunities For Tomorrow’s Insurance I...Accenture Insurance
For early adopters, open insurance offers new revenue streams, increased customer engagement and continued market relevance.
Learn more: https://www.accenture.com/us-en/insights/insurance/open-insurance
Key innovative market trends for your policy administrative systemAccenture Insurance
Traditional policy administration systems in the past were built in a monolithic manner with very limited requirements and capability to integrate outside the back-office world. Distribution channels were minimal and very specific. However, by leveraging the Internet and social media, distribution channels are now limited only by the imagination.
Insurers are accelerating the shift to a radically different distribution model, where digital plays an increasingly important role in the majority of interactions and agents’ efforts are refocused to add more value. Only one out of five carriers reject this model. The most disruptive distribution innovation is
the Internet of Things (IoT) which, among other things, is driving insurance beyond indemnification to real-time protection.
Harnessing the data exhaust stream: Changing the way the insurance game is pl...Accenture Insurance
Vast new data streams create opportunities for insurers to identify and act upon hidden insights, but they also open the door for new business models and competitors.
Data-driven insights make it possible to create new products and new revenue streams, typically in partnership with players from outside the industry.
Harnessing external data is a complex undertaking, but insurers can start by developing a comprehensive plan and then undertaking specific, high-return initiatives that build momentum and help transform the enterprise into a winning competitor in the new digital arena.
Many insurers have set out on the journey of robotic process automation. In most cases, this has meant running pilots on simple business processes before scaling up to deliver more material benefits through an industrialized automation capability. Our experience shows that a holistic and integrated approach to these implementations is essential.
Digital disruption in the insurance sector in indiaPrayukth K V
The Insurance sector in India will see massive digital disruption dislodging conventional business and customer engagement paradigms in the years to come...find out more
Open Insurance - Unlocking Ecosystem Opportunities For Tomorrow’s Insurance I...Accenture Insurance
For early adopters, open insurance offers new revenue streams, increased customer engagement and continued market relevance.
Learn more: https://www.accenture.com/us-en/insights/insurance/open-insurance
Modernizing the Insurance Value Chain: Top Three Digital ImperativesCognizant
As nontraditional companies enter the insurance scene and insurtechs launch novel products, incumbents need to accelerate innovation and differentiate the customer journey to remain in the game. Here are three strategies to achieve these goals, with a brief look at a few companies well on their way.
Using Accenture Research methodologies - Economic Value Modelling (EVM) and survey – this thought leadership paper quantifies the digital opportunity for South Africa’s short-term insurance industry to 2020. By leveraging digital technology, Accenture estimates that short-term insurance providers in South Africa can increase their gross written premiums (GWP) by R115.2 billion by 2020.
Insurance, Gen Y and Internet of Things: World Insurance Report 2016 InfographicCapgemini
The evolution of the Internet of Things, combined with changing behaviors and preferences from Gen Y customers, is pushing the insurance industry toward massive disruption. This year’s Report explores how these trends are driving an urgent need for insurers to transform or risk falling behind new competitors.
Thousands of Employees, Millions of Devices, Billions of Things – Welcome to ...Capgemini
The Internet of Things is a network of connected devices fast becoming pervasive. These devices are bringing fundamental changes in the way business is done today; along with organization's internal processes and its digital strategy. These changes have already spurred a new wave of innovation and efficiency.
As the technology evolves, businesses should develop the ability to separate the true game changers from the hype and be prepared for a world where the number of things to be managed increases by an order of magnitude.
This presentation introduces the capabilities and imperatives that organizations need to advance.
Presented at Mobile World Congress 2015 by Simon Short.
Open Enrollment 2020: Case Study and Trends ReportWayne Wall
Across nearly 200 benefits-enrollment campaigns in 2020, we saw some of the highest levels of employee engagement ever.
See how customized videos, Digital Postcards, decision-support tools, and benefits communications were used to educate employees and drive them to action.
Want to learn more about our OE solution? Go here: www.flimp.net/improve-open-enrollment/
Learn how the shift of back office systems to new cloud-based digital platforms is transforming how insurance and other financial products are administered and customers are handled.
How P&C Insurers Can Unlock Value from Mergers & AcquisitionsCognizant
P&C insurers are likely entering a historic era of increased M&A activity aiming to drive growth at a double-digit pace, pivot into new business models and remain competitive. These insurers will be under pressure to realize the projected revenue growth and cost savings through integration synergies. Here's how P&C insurers should complete a post-merger integration - from strategy development and planning through execution.
How Insurers Can Harness Artificial IntelligenceCognizant
Once science fiction, artificial intelligence now holds vast potential for insurers interested in reinventing their business models and transforming customer experience.
The transformation to a Digital Insurer is complex as it changes the foundation of the organization. Complicating factor is the fast speed of digital innovation in the market and the current digital structure of the organization not able to deal with these changes. The digital transformation is however inevitable and mistakes will create a bigger gap, resulting in business deterioration. In this presentation a vision on Digital Insurance transformation is explained and more information is available to support a digital transformation process in a specific organization.
Insurance 2020: How to prepare for digital shift & innovation in insuranceHCL Technologies
With the advent of digital disruption in eventually every business, insurance as an industry is getting embedded with technology at all stages. But with the pressure to balance both cost and business growth, there is an evident need for partnerships with the next-generation technology providers to share investments, build capabilities and outcome based models for collaboration.
When Gen Y is obsessed with “Why not”, Gen Z is growing up with a “Why not now” attitude. According to the Wiki, “Many members of Generation Z are highly “connected,” having had lifelong use of communication and media technology like the World Wide Web, instant messaging, text messaging, MP3 players, and mobile phones, earning them the nickname “digital natives”. This makes Gen Z expectation momentary or “Just-in-Time”. Considering this, what will Gen Z expect from insurance? Here are some thoughts on how it will impact an individual in 2020 and beyond
Read more about HCL’s offering for Insurance Industry at http://www.hcltech.com/financial-services/insurance-services
How Analytics Can Transform the U.S. Retail Banking SectorCognizant
To regain customer trust, U.S. retail banks must seriously consider using analytics to improve decision-making, uncover unseen innovation opportunities and improve compliance.
In a world of digital disruption, how ready are Swiss companies to face the digital challenge? Accenture assessed the digital maturity of the largest Swiss companies and industries and offers insights into how to seize the digital opportunity.
Infographic - Turning AI into Concrete Value: The Successful Implementers' To...Capgemini
What concrete benefits are organizations really seeing from AI today? Our comprehensive research provides insights direct from the market on the real-life benefits, the best use cases, and where to invest - a successful AI implementers’ toolkit.
This presentation outlines the keynote delivered by TCS, VP & CTO, K Ananth Krishnan, at the IEEE-IEEEMA INTELECT 2015. It covers how IT is all for Smart & Sustainable Energy.
Communities harnessing technology to transform physical systems and services, improve the lives of residents and businesses and make government more efficient. Learn about the growth drivers, transformation roadmap, designing and financing smart cities that make life better for all.
Modernizing the Insurance Value Chain: Top Three Digital ImperativesCognizant
As nontraditional companies enter the insurance scene and insurtechs launch novel products, incumbents need to accelerate innovation and differentiate the customer journey to remain in the game. Here are three strategies to achieve these goals, with a brief look at a few companies well on their way.
Using Accenture Research methodologies - Economic Value Modelling (EVM) and survey – this thought leadership paper quantifies the digital opportunity for South Africa’s short-term insurance industry to 2020. By leveraging digital technology, Accenture estimates that short-term insurance providers in South Africa can increase their gross written premiums (GWP) by R115.2 billion by 2020.
Insurance, Gen Y and Internet of Things: World Insurance Report 2016 InfographicCapgemini
The evolution of the Internet of Things, combined with changing behaviors and preferences from Gen Y customers, is pushing the insurance industry toward massive disruption. This year’s Report explores how these trends are driving an urgent need for insurers to transform or risk falling behind new competitors.
Thousands of Employees, Millions of Devices, Billions of Things – Welcome to ...Capgemini
The Internet of Things is a network of connected devices fast becoming pervasive. These devices are bringing fundamental changes in the way business is done today; along with organization's internal processes and its digital strategy. These changes have already spurred a new wave of innovation and efficiency.
As the technology evolves, businesses should develop the ability to separate the true game changers from the hype and be prepared for a world where the number of things to be managed increases by an order of magnitude.
This presentation introduces the capabilities and imperatives that organizations need to advance.
Presented at Mobile World Congress 2015 by Simon Short.
Open Enrollment 2020: Case Study and Trends ReportWayne Wall
Across nearly 200 benefits-enrollment campaigns in 2020, we saw some of the highest levels of employee engagement ever.
See how customized videos, Digital Postcards, decision-support tools, and benefits communications were used to educate employees and drive them to action.
Want to learn more about our OE solution? Go here: www.flimp.net/improve-open-enrollment/
Learn how the shift of back office systems to new cloud-based digital platforms is transforming how insurance and other financial products are administered and customers are handled.
How P&C Insurers Can Unlock Value from Mergers & AcquisitionsCognizant
P&C insurers are likely entering a historic era of increased M&A activity aiming to drive growth at a double-digit pace, pivot into new business models and remain competitive. These insurers will be under pressure to realize the projected revenue growth and cost savings through integration synergies. Here's how P&C insurers should complete a post-merger integration - from strategy development and planning through execution.
How Insurers Can Harness Artificial IntelligenceCognizant
Once science fiction, artificial intelligence now holds vast potential for insurers interested in reinventing their business models and transforming customer experience.
The transformation to a Digital Insurer is complex as it changes the foundation of the organization. Complicating factor is the fast speed of digital innovation in the market and the current digital structure of the organization not able to deal with these changes. The digital transformation is however inevitable and mistakes will create a bigger gap, resulting in business deterioration. In this presentation a vision on Digital Insurance transformation is explained and more information is available to support a digital transformation process in a specific organization.
Insurance 2020: How to prepare for digital shift & innovation in insuranceHCL Technologies
With the advent of digital disruption in eventually every business, insurance as an industry is getting embedded with technology at all stages. But with the pressure to balance both cost and business growth, there is an evident need for partnerships with the next-generation technology providers to share investments, build capabilities and outcome based models for collaboration.
When Gen Y is obsessed with “Why not”, Gen Z is growing up with a “Why not now” attitude. According to the Wiki, “Many members of Generation Z are highly “connected,” having had lifelong use of communication and media technology like the World Wide Web, instant messaging, text messaging, MP3 players, and mobile phones, earning them the nickname “digital natives”. This makes Gen Z expectation momentary or “Just-in-Time”. Considering this, what will Gen Z expect from insurance? Here are some thoughts on how it will impact an individual in 2020 and beyond
Read more about HCL’s offering for Insurance Industry at http://www.hcltech.com/financial-services/insurance-services
How Analytics Can Transform the U.S. Retail Banking SectorCognizant
To regain customer trust, U.S. retail banks must seriously consider using analytics to improve decision-making, uncover unseen innovation opportunities and improve compliance.
In a world of digital disruption, how ready are Swiss companies to face the digital challenge? Accenture assessed the digital maturity of the largest Swiss companies and industries and offers insights into how to seize the digital opportunity.
Infographic - Turning AI into Concrete Value: The Successful Implementers' To...Capgemini
What concrete benefits are organizations really seeing from AI today? Our comprehensive research provides insights direct from the market on the real-life benefits, the best use cases, and where to invest - a successful AI implementers’ toolkit.
This presentation outlines the keynote delivered by TCS, VP & CTO, K Ananth Krishnan, at the IEEE-IEEEMA INTELECT 2015. It covers how IT is all for Smart & Sustainable Energy.
Communities harnessing technology to transform physical systems and services, improve the lives of residents and businesses and make government more efficient. Learn about the growth drivers, transformation roadmap, designing and financing smart cities that make life better for all.
Optimizing the Internet of Things: Key Strategies for Commercial InsurersCognizant
The Internet of Things (IoT) is having a significant effect on both consumer-facing and commercial enterprises. At the consumer level, this can be seen in the increasing number of sensor-based smart devices flooding the marketplace. Yet the biggest economic impact is in the industrial and service-based segments, including commercial insurance. By aligning their business requirements with the capabilities of the Internet of Things, insurers can sharpen operational efficiencies, open new revenue streams, drive profitable growth and keep customers close.
Being connected has become the talk of the town and insurance companies are surely one of the main interested parts in this discussion, some of them being actual promoters of change and innovation. Traditional players will have a more tough time in adapting to the new paradigm but my view is that they will have to adjust on the long term to the new rules of the game if they want to stay competitive.
Consumers are becoming more and more connected whether it is at home, at work, behind the wheel, when they engage in sports & leisure activities and so on. This is happening quite fast due to the adoption of smart devices and thus the companies have to be able to react accordingly in order to maximize value both for its clients and for itself. The surrounding environment is becoming smart and is being incorporated in the connected ecosystem thus creating new opportunities for insurance companies, opportunities which must be managed appropriately in order to maximize value. Here big data analytics plays a huge role, as the number of collected data & variables is getting higher and higher. To be precise, the discussion focuses on how companies will be able to read the data in order to identify patterns and optimize their business models by controlling loss, perfecting risk assessment and prevention etc.
Technology and Innovation in Insurance– Present and Future Technology in Indi...Dr. Amarjeet Singh
Insurance companies are unique — most of their interactions with customers happen through an agent. In effect, a chunk of technology investment goes into improving agent experience. Insurers have developed systems to advise agents on products tailored for specific customers, depending on their history with the insurer and income band. Bajaj Allianz Life Insurance has a mobile app to hire agents. This helps in training, exams and licensing. It has brought on board 15,700 consultants digitally in the past year, cutting down processing time by half.
Insurers have launched mobile phone apps, making it easier for customers to transact with them. They are, slowly and surely, moving towards paperless claims as well. These are, however, only the first steps in digital transformation. Changing core systems is expensive and complicated. So, most transformation initiatives focus on improving systems of engagement with customers.
With the constant advancements and better use of digital tools in the last few years; most of these challenges seem to be addressed efficiently. While technologies such as Robotic Process Automation (RPA), Artificial Intelligence (AI), Block chain, and Advanced Analytics are working as promoters to enhance the importance of insurance, the insurers are working hard to create a more streamlined and integrated insurance system.
The insurance industry – from product development to underwriting to claims – is being fundamentally transformed by AI technologies. Although some companies are investing aggressively in AI to slash costs while also enhancing the customer experience, most insurers will need to accelerate their efforts or risk discovering that it has become too late to catch up.
Cisco has estimated that the Internet of Things (IoT) has the potential to generate about $19 trillion of value over the coming years. The staggering potential size-of-the-prize has certainly caught the attention of the world’s business community. In a recent survey of senior business leaders around the globe, 96% said their companies would be using IoT in some way within the next 3 years. However, there is a catch – most organizations are yet to derive significant commercial value from IoT. Our research shows that 70% of organizations do not generate service revenues from their IoT solutions. We have looked at why organizations are falling short in monetizing the IoT, and have tried to capture some initial observations on monetization models in what is still a very fast-developing marketplace.
Tech scouting in Banking & Insurance Project.pptxGiorgia Zunino
This is the final report for Mastre in Fintech and Digital Transformation at LUMSA about innovation team tech scouting for insurtech startups. The analysis process was set up in 5 different steps and worked as following:
Panoramic view of Insurance market and last years trends
Identification of needs and issue about Insurance market and what industry is working on
Selection of 4 startups which are working on technology related to insurance new waves
Description of the chosen startups and the tech features involved
Our consideration about different aspects improvements:
Shaping the right strategy, managing thebiggest risk.Until recently, the Internet of Things (IoT) was on the strategic agenda of only the largest and most progressive insurers. The IoT was largely viewed as a futuristic concept, and many insurers adopted a “wait and see” attitude.
The Singapore FinTech Consortium - Introduction to InsurTechFinTech Consortium
When you hear of “insurance”, the words “innovation” and “technology” would not come to mind intuitively – but they should now. At this day and age, insurance technology has the potential to affect nearly every essential insurance function, ranging from distribution methods to actuarial number crunching. InsurTech is now being implemented across every stage of the insurance value chain.
InsurTech 2016 Conference is a global gathering of the world's leading thinkers and doers in Insurance innovations and technology. It's a gathering of the planet's businesses, large and small, who are being impacted by new innovations to want to meet the demands of the insurance market.
This year, over 300 attendees will make the trip from all corners of the globe to hear from 80 industry thought leaders who will deliver the knowledge you're looking for to succeed in this arena.
InsurTech 2016 will assure that you meet the top insurance and technology professionals - leading 22 interactive and insightful sessions across all the insurtech spectrum, including:
Digital distribution channel
Blockchain
Data Analytics
Wealth Management
IoT & Telematics
Auto Tech
Health Tech & Wearables
Book your delegate ticket now for additional 15% Discount @ http://bit.ly/2bmXVxG
Internet of Things is Poised to Transform the Insurance SectorPaasmer
The explosive growth of IOT is here and now, it’s considered the new Digital revolution. As per Gartner IOT forecast, it is estimated that by 2020 and more than 35 billion things will be connected to the Internet.
Also Gartner predicts global spending on IOT — including all hardware, software and services — has exceeded $1.3 trillion in 2015 and is forecast to reach $3.5 trillion by 2020.
Catching the Consumer Data Wave: A New Opportunity in the Insurance EcosystemCognizant
With the profusion of insurance consumer data coming online, the role of data intermediaries is emerging as a key player in the insurance ecosystem. Insurance distributors are especially well-suited to take the lead in analyzing leveraging user data and sharing insights to drive innovative product offerings and growth.
IoT is a terrific opportunity for the insurance sector.
But the average understanding of this opportunity in the different markets is low, and it is common to hear superficial comments by analysts in the various markets.
Let's demystify some myths!
Monetizing the Internet of Things: Extracting Value from the Connectivity Opp...Capgemini
Cisco has estimated that the Internet of Things (IoT) has the potential to generate about $19 trillion of value over the coming years. The staggering potential size-of-the-prize has certainly caught the attention of the world’s business community. In a recent survey of senior business leaders around the globe, 96% said their companies would be using IoT in some way within the next 3 years. However, there is a catch – most organizations are yet to derive significant commercial value from IoT. Our research shows that 70% of organizations do not generate service revenues from their IoT solutions. We have looked at why organizations are falling short in monetizing the IoT, and have tried to capture some initial observations on monetization models in what is still a very fast-developing marketplace.
Similar to Are you ready to be an Insurer of Things? How the Internet of Things is changing the rules of the game for insurers (20)
Open Insurance - Unlocking Ecosystem Opportunities For Tomorrow’s Insurance I...Accenture Insurance
For early adopters, open insurance offers new revenue streams, increased customer engagement and continued market relevance.
Learn more: https://www.accenture.com/us-en/insights/insurance/open-insurance
Accenture's report explains how natural language processing and machine learning makes extracting valuable insights from unstructured data fast. Read more. https://www.accenture.com/us-en/insights/digital/unlocking-value-unstructured-data
Accenture's report explains how creating effortless experiences are so simple and easy with our data-driven strategy framework to drive growth. Read more.
Whole-brain leadership prepares C-suites for the digital challenges ahead, ensuring seamless growth and high-value problem solving capabilities. Read more.
Wise Pivot is a strategy fit for the digital age that can help companies pursue new growth opportunities. Read more on how to choose your pivot wisely.
Wise Pivot is a strategy fit for the digital age that can help companies pursue new growth opportunities. Read more on how to choose your pivot wisely.
Accenture's Applied Customer Engagement (ACE) is a proven approach to re-thinking and revitalizing contact center operations for the digital era. Read more.
ALIP customers Get More…more product launches, more out-of-the-box functionality and efficiency, more personalized digital capabilities, more delivery “know how”. Read more.
Way Beyond Marketing - The Rise of the Hyper-Relevant CMOAccenture Insurance
Accenture's CMO Survey unveils some important insights on the role of the new CMO and how the role is changing in the digital age. Read more: https://www.accenture.com/us-en/insights/consulting/cmo
Business disruption is a growing challenge for all industries. See how your industry could be affected by disruption with Accenture's disruptability index.
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Buy Verified PayPal Account | Buy Google 5 Star Reviewsusawebmarket
Buy Verified PayPal Account
Looking to buy verified PayPal accounts? Discover 7 expert tips for safely purchasing a verified PayPal account in 2024. Ensure security and reliability for your transactions.
PayPal Services Features-
🟢 Email Access
🟢 Bank Added
🟢 Card Verified
🟢 Full SSN Provided
🟢 Phone Number Access
🟢 Driving License Copy
🟢 Fasted Delivery
Client Satisfaction is Our First priority. Our services is very appropriate to buy. We assume that the first-rate way to purchase our offerings is to order on the website. If you have any worry in our cooperation usually You can order us on Skype or Telegram.
24/7 Hours Reply/Please Contact
usawebmarketEmail: support@usawebmarket.com
Skype: usawebmarket
Telegram: @usawebmarket
WhatsApp: +1(218) 203-5951
USA WEB MARKET is the Best Verified PayPal, Payoneer, Cash App, Skrill, Neteller, Stripe Account and SEO, SMM Service provider.100%Satisfection granted.100% replacement Granted.
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...Kumar Satyam
According to TechSci Research report, “India Orthopedic Devices Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030”, the India Orthopedic Devices Market stood at USD 1,280.54 Million in 2024 and is anticipated to grow with a CAGR of 7.84% in the forecast period, 2026-2030F. The India Orthopedic Devices Market is being driven by several factors. The most prominent ones include an increase in the elderly population, who are more prone to orthopedic conditions such as osteoporosis and arthritis. Moreover, the rise in sports injuries and road accidents are also contributing to the demand for orthopedic devices. Advances in technology and the introduction of innovative implants and prosthetics have further propelled the market growth. Additionally, government initiatives aimed at improving healthcare infrastructure and the increasing prevalence of lifestyle diseases have led to an upward trend in orthopedic surgeries, thereby fueling the market demand for these devices.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Attending a job Interview for B1 and B2 Englsih learners
Are you ready to be an Insurer of Things? How the Internet of Things is changing the rules of the game for insurers
1. Are you ready to be
an Insurer of Things?
How the Internet of Things
is changing the rules of the
game for insurers
2. Figure 1: The Internet of Things is connecting homes, cars, people,
organizations and even entire cities2
Connected Health
Care-eHealth
Health Monitoring
and Prevention
Wellness
Connected City
Smart Meters
Smart Traffic
Connected Community
Connected Enterprise
Real-time Analytics
Connected Workforce
Smart Processes
Robotics
Connected Government
Connected Public Admin.
e-Government
Connected
Civil Protection
Connected Car
Safety & Security
Convenience
Live Navigation
Infotainment
Connected Home
Safety & Security
Domotics & Entertainment
Energy Efficiency
The Internet
of Things
Bringing new
economic growth
Expanding at
a fast pace
IoT is already
happening
Impacting businesses
near to insurance
+128%
M2M (machine to
machine) connections
in banking and insurance
last year
2014
14,4
Billion
2030
100
Billion
Total connected devices
$14,2
Trillion
Global GDP uplift from
IoT by 2030
Connected cars
worldwide
Connected home
solutions
Wearable devices
200m
±700m
+1bn
By 2020
2
The traditional business model for insurance, though
still a solid source of revenue, is becoming less sustainable
in the long term1 due largely to the rapid innovation that
the Internet of Things is driving throughout the economy.
Yet, in the midst of this disruption there is opportunity.
Insurers will need to dramatically reshape their business
model, combining insurance with technology, ecosystem
services and partners. Insurers are about to become
“Insurers of Things.”
3. Accenture believes three dimensions of the
industry will be most affected: (1) consumers;
(2) offerings and risks; and (3) competition
(see Figure 2).
1. Different consumer expectations
Customer needs are expanding and becoming
more liquid. People are moving from “siloed”
needs (e.g., buy the car, fix the car, insure the car)
to a set of combined expectations encompassing
multiple needs. According to the Accenture
Consumer-Driven Innovation Survey, insurance
customers expect a provider experience that is
not only broader but also tailored to their needs:
80 percent of consumers would switch insurers
for more personalized services, and 41 percent
are willing to pay more for those services.4
The frequency of consumer interaction is
changing, too. Traditionally, insurers have
interacted with their customers only once or
twice a year—for policy renewal and perhaps for
a claim. The IoT creates the opportunity to initiate
a continual, always-on, end-to-end dialogue,
leading ultimately to a new type of relationship.
This connectivity will expose insurers to
an unprecedented amount of information.
For example, 78 percent of customers
say they would allow carriers access
to behavioral information in return for
a more personalized service.5
Every industry is being disrupted by the Internet
of Things (IoT)—the universe of intelligent
devices, processes, services, tools and people
communicating with each other as part of
a global ecosystem. As technology evolves,
products, homes, enterprises and entire cities
will be continuously connected (see Figure 1).
This represents fundamental change for the
insurance industry: How are things insured?
With what partners? Which services and enabling
technologies? The answers to these questions
are the first steps toward the development
of new and innovative business models.
The IoT is driving a connected, as-a-service
economy, and traditional insurers must adapt
quickly, deciding whether to move up or out.
Figure 2: The IoT will disrupt the core of insurance across three dimensions
of insurance players believe the IoT will disrupt the traditional way of doing business80%
Expecting not just a
product but a unique
“always-on” service-
oriented experience
Moving from product
to service, without
ignoring the impact
of new risk pools
New competitors
creating contestable
markets from
unexpected industries
3
Insurance, meet the
Internet of Things
Consumer Offerings & Risks Competition
4. 2. New offerings and new risks
Given evolving customer expectations and the
transformative potential of the IoT, 83 percent
of insurers believe that digital devices are
powering the shift from selling things to
selling outcomes and experiences.6
Insurance coverage is becoming a part of
a broader value chain with new types
of products and services.
The IoT will also impact the core of insurance,
as 80 percent of insurers believe that it will
radically change the nature of risks covered.7
This change will occur in two ways. First, new
technologies (drones, for example) will present
new risks to be insured. Second, assessment
of existing risks will need to consider new
parameters (for instance, self-driving cars
controlled by autonomous systems).
3. New competitors and
new contestable markets
According to Accenture research, 75 percent
of insurers believe that industry boundaries
will dramatically blur as the IoT and other
platforms reshape industries into interconnected
ecosystems.8 Because insurers will position their
offerings within broader networks of services,
they will no longer compete just with other
insurance companies, but also with players from
a variety of traditional and innovative industries,
creating new contestable markets.
Digital innovators—especially incumbent Internet
companies such as Google, Apple and Facebook
—are particularly threatening as they may define
the new competitive rules of the IoT economy.
By leveraging their unique knowledge of
customers, they could force traditional
industries to follow rather than lead.
The risk for insurance is becoming a mere
commodity. The key will be to find the right
partners to drive innovation, taking advantage
not just of partners’ assets and core competences
but also their brand value as a means to respond
to specific consumer need areas.
4
5. How to succeed as
an Insurer of Things
Figure 3: Five key success factors as an Insurer of Things
Success Factor 1: Choose the role you
intend to play
Insurers will need to operate in extended
ecosystems, so setting the rules to collaborate
with partners is essential. Companies can
adopt different roles for each of their markets,
businesses or regions, depending on their ability
to provide a truly differentiated and extended
offering that reaches beyond insurance.
Two roles in particular will be important:
First, insurers can act as service providers,
supplying an innovative technology-based
insurance product to a third-party ecosystem,
with other industry players acting as aggregators
of the extended offering.
Second, insurers can be value aggregators,
launching innovative and extended offerings,
beyond traditional insurance, and directly
selecting and managing the partners they need.
The Insurer
of Things
Build and work on
three combined layers:
product, technology
and ecosystem services
Foster a culture
for innovation
Choose the role
you intend to play
1
2
Extend, automate
and adapt the
insurance value chain
3
5
Be ready to share
and dialogue through
an open architecture
4
5
How can insurers take rapid and informed action given
the dramatic changes the IoT will make to their traditional
business models? Here are five keys to success (see Figure 3).
6. 6
Success Factor 2: Build and work on
three combined layers: product, technology
and service
Insurers will need to define a connected offering
model across three integrated layers: insurance
product, technology, and ecosystem services
(see Figure 4).
Layer 1: Product
Choose the right core insurance coverage
to be integrated in the ecosystem offering.
The insurance product should be fully adaptive
to a single customer’s needs and profile, moving
from a standardized “one-to-many” to a
“one-to-one” product. Insurers will be able
to do this by leveraging a modular and flexible
coverage structure and dynamic pricing, both
personalized through analytics.
Layer 2: Technology
Leverage the right technology
to complement the offering.
This is the key enabler for the IoT offering
value proposition. Technology allows the
customer to connect with the insurance product
and ecosystem services, and also enables
ongoing consumer interaction. Insurers should
be technology agnostic, always looking for
the solution that best complements their
specific offerings.
Layer 3: Ecosystem Services
Define and select the ecosystem services that
maximize value.
Although potential services are virtually limitless,
insurers must be careful in defining the right
ecosystem service, making sure that it:
(1) brings true value that is appreciated by customers;
(2) can be monetized by the company, either
as a direct revenue stream or indirectly through
the information captured about the customer;
and (3) both values and takes advantage of
ecosystem partners.
If we look into three core businesses for
insurance—car, home and health—both insurance
and other industries’ players have started
to launch an IoT offering leveraging selected
ecosystem services and technologies.
However, a dominant design has yet to be
defined and few have started to envision
a complete and extensive strategy.
7. Figure 4: How to build the three-layer model
Connected car Connected home Connected health
Safety & Security
Car tracking & anti-theft;
crash-detection; road-
assistance
Convenience
Predictive maintenance;
energy monitoring; etc.
Live Navigation
Real-time traffic and
weather monitoring; route
optimization; etc.
Infotainment
Real-time information on
surroundings; access to
social networks; etc.
Care-eHealth
24/7 remote medical
consulting; electronic health
records; etc.
Health Monitoring &
Prevention
Real-time alerting; health
networks; real-time
exchange of health data; etc.
Wellness
Activity monitoring; wellness
networks; reward-based
programs; etc.
Safety & Security
Real-time alerting for
dangerous events; home-
access monitoring; etc.
Domotics & Entertainment
Remote home management;
connected entertainment
and content sharing; etc.
Energy Efficiency
Smart metering;
autonomous appliances/
furniture; etc.
Layer 3
Ecosystem
Services
• Telematics boxes
• Mobile devices
• Dongles
Modular and flexible
structure
• Cameras
• Water sensors
• Door sensors
• Smart thermostats
• Smart furniture
• Smart lighting
Dynamic pricing
• Wearable devices
• Health monitoring
services
• Medical devices
Personalized through
analytics
Layer 2
Technology
From one-to-many to a one-to-one insurance product
Layer 1
Product
Insurance
players
Some market cases (not exhaustive)
Other
industry
players
7
8. 8
Success Factor 3: Extend, automate and adapt
the insurance value chain
Because the IoT will affect every phase and
process of the insurance business, insurers need
to take a broad set of actions across the
value chain.
• Extend: The need to manage new components
of service and technology will require the
development of new phases and processes.
Companies must leverage partners to
integrate value-added sub-processes and then
outsource non-core activities for the ongoing
operations of technology (e.g. fleet
management and maintenance) and execution
of third-party services.
• Automate: Labor-intensive processes such as
underwriting, claims and fraud management
can be automated to improve efficiency and
cost effectiveness. This is facilitated by
machine-to-machine interactions and
predictive analytics capabilities enabled by
technologies such as big data and robotic
process automation (i.e. cognitive computing
and machine learning).
• Adapt: Ongoing personalized interaction with
customers and partners requires profound
operating model changes. Core insurance
processes must be continuously adaptive and
iterative. For example, new-product
development should move from a mass
targeting activity, occurring every two to three
years for catalogue renewal, to an ongoing
process tailored to individual customers to
deliver a one-to-one personalized solution.
Success Factor 4: Share and collaborate
through an open architecture
Insurers will need to open up to the outside
world of ecosystem partners—sharing not only
customer data, but customers themselves.
For the insurance industry, where ownership
of the customer has always been a strategic
issue, this will represent a significant disruption.
However, it is inevitable if players wish to achieve
the next level of competitiveness and gain
true value from partnerships.
To encourage and support such ecosystems,
IT architectures will need to evolve, ensuring
flexibility and interoperability with external
partners and providers. Key features would allow:
• Data monetization through the integration
and enrichment of internal information
together with external data provided by
devices and partners.
• The ability to support a broader set of services
bundled with the contribution of partners.
• Shorter time-to-market, moving from a
change-run to an assemble-distribute
approach, leveraging as-a-service
contributions.
• Management of the whole data value chain,
distributing data to exchange and extract
valuable insights.
As a consequence, insurers will have to
operate in two directions: (1) orchestrating
legacy evolution while (2) managing disruptive
innovation, changing their IT processes to
roll out faster and cheaper and managing
security threats quickly and proactively.
9. Success Factor 5: Foster a culture of innovation
As insurers transform to become Insurers of
Things, having the right technology and partners
will be essential. But something more is also
required: promoting a culture of innovation
at all levels.
First, design a governance structure for
innovation that creates and develops innovations
with a fast and experimental approach. This
should be done at the same time as managing
the evolution of core activities, handling business
as usual with a two-speed approach. To do so,
new organization structures and roles, such
as chief innovation officer and chief data officer,
will be necessary to govern new activities
effectively.
Creating an internal culture of innovation should
be one of insurers’ top priorities. The Internet of
Things strongly affects how people are working
and what is demanded of them. This new culture
will need to be infused across the whole
organization, from idea generation to workforce
training and onboarding.
A culture of innovation should also be extended
outside the company to its customers. The
company should support customer education and
awareness, leveraging new and engaging tools
and technologies while taking the opportunity to
improve and enhance the company’s reputation.
Creating an internal
culture of innovation
should be one of insurers’
top priorities. The Internet
of Things strongly affects
how people are working
and what is demanded
of them.
9
10. 10
The disruptive technologies of the Internet of
Things are an opportunity for insurers who act
quickly. In this environment, it is critical to be an
innovator across the entire insurance value chain,
while operating in a broader partner ecosystem.
Effective leadership will be essential in creating
a vision for becoming an Insurer of Things and
then putting in place the operating models to
make that vision a reality.
Considerable risks are involved in this
transformation, but the risk of doing
nothing is far greater.
The Internet of Things
— risks and opportunities
10
11. References
1. See “Beyond Insurance,” Accenture 2015. http://www.
accenture.com/us-en/Pages/insight-beyond-insurance-
embracing-innovation-monetize-disruption.aspx
2. Multiple sources: Verizon, 2015; elaboration on Gartner,
Cisco and OECD data, 2014; Accenture and Frontier
Economics, 2015; Gartner 2015.
3. Digital Innovation Survey, Accenture 2014
4. Consumer-Driven Innovation Survey, Accenture 2014.
5. Ibid.
6. Technology Vision for Insurance, Accenture 2015.
7. Digital Innovation Survey, Accenture 2014.
8. Technology Vision for Insurance, Accenture 2015.
11