Insurers must recognize the financial impact and benefit of investing in sustainable technology.
"Given the raison d'etre of the insurance industry is risk, despite sustainability's macro-economics being hard to qualify and quantify at a corporate business level, insurers need to take a more active role."
Sustainability, Best's Review, December 2018Gates Ouimette
Given the raison d'etre of the insurance industry is risk, despite sustainability's macro-economics being hard to qualify and quantify at a corporate business level, insurers need to take a more active role.
A New Reality, Best's Review, September 2017Gates Ouimette
Augmented reality and virtual reality are opening up new opportunities for the insurance industry.
Not only does VR provide a better risk profile for potential insureds, it also offers insurers a marketing tool for personalized coverage.
Hold Firm: The State of Cyber Resilience in Banking and Capital Marketsaccenture
Accenture’s report finds firms in capital markets and banking could do more to prevent security breaches and strengthen cyber resilience. Read our report to learn how Accenture can help you rise to the top of the class: https://accntu.re/3k8mCN1
"Internet for Things" - Best's Review (AM Best), August 2012Gates Ouimette
Information from "things" will help carriers offer new lines of business.
...The Internet of Things is cited as potentially the most significant technology trend this decade.
Sustainability, Best's Review, December 2018Gates Ouimette
Given the raison d'etre of the insurance industry is risk, despite sustainability's macro-economics being hard to qualify and quantify at a corporate business level, insurers need to take a more active role.
A New Reality, Best's Review, September 2017Gates Ouimette
Augmented reality and virtual reality are opening up new opportunities for the insurance industry.
Not only does VR provide a better risk profile for potential insureds, it also offers insurers a marketing tool for personalized coverage.
Hold Firm: The State of Cyber Resilience in Banking and Capital Marketsaccenture
Accenture’s report finds firms in capital markets and banking could do more to prevent security breaches and strengthen cyber resilience. Read our report to learn how Accenture can help you rise to the top of the class: https://accntu.re/3k8mCN1
"Internet for Things" - Best's Review (AM Best), August 2012Gates Ouimette
Information from "things" will help carriers offer new lines of business.
...The Internet of Things is cited as potentially the most significant technology trend this decade.
Ahmad Qureshi's presentation "Anatomy of Disruption; Survival & Thrival During Changing Futures". The presentation was held in the Future Infinite conference in Helsinki 13th of June 2014.
Security in the driver's seat: Achieving cyber resilience in automotiveaccenture
Accenture's security research explains how automotive industries are achieving cyber resilience by implementing security into organizations. Read more.
Future of autonomous vehicles final report ppt - may 2020Future Agenda
The Future of Autonomous Vehicles
The dream of self-driving vehicles has been a long time coming. It is however now within reach and the pressure is on the deliver on the vision. With sustained technology development, increased investment and raising public awareness, there is enormous interest in the imminent mainstream use of autonomous vehicles on the streets.
Although approaches vary from around the world, policy makers and urban planners in leading locations are now seeking to collaborate more with manufacturers, mobility providers, tech suppliers, logistics operators in order to align regulation for testing and mass deployment. And it goes both ways.
The investments being made in autonomy have rapidly shifted from millions to billions, so unsurprisingly those public and private organisations that are providing the funds are keen to ensure that the ROI is credible. There is much to play for and, although there has been substantial progress over recent years, significant questions on safety, social impact, business models and performance are still unanswered.
The Future of Autonomous Vehicles project was undertaken to canvas the views of a wide range of experts from around the world in order to create a clearer, informed global perspective of how autonomy will evolve over the next decade. Beginning with a discussion with government officials just outside Shanghai in July 2018 and ending with leaders from across the US autonomous vehicle community in the hills above Silicon Valley in February of 2020, this project has covered a lot of ground. In all, eight workshops and six additional discussions have engaged with hundreds of different opinions, shared perspectives and built considered future pathways.
This presentation of the final report is a synthesis of many voices and opinions on the likely future of autonomous vehicles. We hope that is useful.
Full project details are available on the dedicated mini site www.futureautonomous.org
Some insurers will succeed in the connected car war and they will stay relevant in the life of their clients. Some players have already started their journey…
This presentation highlights main trends regarding the future of mobility with deep diving on how emerging new technologies can help to accelerate transition into the new.
Insurers and the Internet of Everything: at risk of disintermediation?CGI
Jamie Rodgers, Global Insurance expert at CGI discusses whether the Internet of Everything has the power to disintermediate Insurers from the risks they’ve always insured. Find out more about CGI’s expertise in Insurance at www.cgi.com/insurance
Top tips to develop your enterprise mobility strategy [Infographic]Vodafone Business
What is Enterprise mobility management (EMM) and why is it important to large business?
This infographic shows how you can boost your mobile workforce productivity securely - with 4 top tips to defining an EMM strategy for your organisation.
For more information, please visit, enterprise.vodafone.com/EMM
#EMM #mobilesecurity #BYOx
Ahmad Qureshi's presentation "Anatomy of Disruption; Survival & Thrival During Changing Futures". The presentation was held in the Future Infinite conference in Helsinki 13th of June 2014.
Security in the driver's seat: Achieving cyber resilience in automotiveaccenture
Accenture's security research explains how automotive industries are achieving cyber resilience by implementing security into organizations. Read more.
Future of autonomous vehicles final report ppt - may 2020Future Agenda
The Future of Autonomous Vehicles
The dream of self-driving vehicles has been a long time coming. It is however now within reach and the pressure is on the deliver on the vision. With sustained technology development, increased investment and raising public awareness, there is enormous interest in the imminent mainstream use of autonomous vehicles on the streets.
Although approaches vary from around the world, policy makers and urban planners in leading locations are now seeking to collaborate more with manufacturers, mobility providers, tech suppliers, logistics operators in order to align regulation for testing and mass deployment. And it goes both ways.
The investments being made in autonomy have rapidly shifted from millions to billions, so unsurprisingly those public and private organisations that are providing the funds are keen to ensure that the ROI is credible. There is much to play for and, although there has been substantial progress over recent years, significant questions on safety, social impact, business models and performance are still unanswered.
The Future of Autonomous Vehicles project was undertaken to canvas the views of a wide range of experts from around the world in order to create a clearer, informed global perspective of how autonomy will evolve over the next decade. Beginning with a discussion with government officials just outside Shanghai in July 2018 and ending with leaders from across the US autonomous vehicle community in the hills above Silicon Valley in February of 2020, this project has covered a lot of ground. In all, eight workshops and six additional discussions have engaged with hundreds of different opinions, shared perspectives and built considered future pathways.
This presentation of the final report is a synthesis of many voices and opinions on the likely future of autonomous vehicles. We hope that is useful.
Full project details are available on the dedicated mini site www.futureautonomous.org
Some insurers will succeed in the connected car war and they will stay relevant in the life of their clients. Some players have already started their journey…
This presentation highlights main trends regarding the future of mobility with deep diving on how emerging new technologies can help to accelerate transition into the new.
Insurers and the Internet of Everything: at risk of disintermediation?CGI
Jamie Rodgers, Global Insurance expert at CGI discusses whether the Internet of Everything has the power to disintermediate Insurers from the risks they’ve always insured. Find out more about CGI’s expertise in Insurance at www.cgi.com/insurance
Top tips to develop your enterprise mobility strategy [Infographic]Vodafone Business
What is Enterprise mobility management (EMM) and why is it important to large business?
This infographic shows how you can boost your mobile workforce productivity securely - with 4 top tips to defining an EMM strategy for your organisation.
For more information, please visit, enterprise.vodafone.com/EMM
#EMM #mobilesecurity #BYOx
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.
With support by the CII, Marketforce launched this special report providing a snapshot of the challenges and opportunities the industry is facing - and how to prepared it is to meet them.
Based on responses from over 1000 senior insurers, in this report you will find dedicated chapters on digital, analytics, operations, claims, fraud and more.
Would you like to meet like-minded insurers? On November 7th, 8th and 9th we're holding our 16th annual The Future of General Insurance conference.
Find out more about the event here: http://bit.ly/1TKDIgQ
Are you ready to be an Insurer of Things? How the Internet of Things is chang...Accenture Insurance
The traditional business model for insurance, though still a tremendous source of revenue, is becoming less sustainable in the long term 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.
Despite having been one of the first industries to use data processing on a large scale, insurers have acquired a reputation of lagging technologically over the past decades. However, recent innovations around Big Data and analytics allow insurers to reassert themselves as leaders.
To gain greater insight into future changes in the insurance industry, the EIU surveyed over 300 executives at life and property/casualty insurers.
Insights Success introduces “The 10 Most Trusted Risk Management Solution Providers, 2019” which is a constantly-changing global risk-management landscape.
High Score (Net Promoter Score or NPS), Best' Review, November 2019Gates Ouimette
The Net Promoter Score gives insurers perspective to engage customers and grow their business.
Agile IT delivers based upon these customer engagements.
Making the Move (DevOps), Best's Review, February 2016Gates Ouimette
Insurance professionals are transitioning into DevOps to enable and innovation.
Requiring a culture of collaboration and agility, DevOps enables the inclusion of innovation into that culture.
The Open Compute Project is shining a new spotlight on hardware for carriers.
Rather than replace an entire server every few years, components can be more selectively refreshed.
New IT Thinking Brings Relevancy, Best's Review, October 2011Gates Ouimette
Information technology will need to innovate in several business areas for an impact to be felt enterprisewide.
The pendulum has swung back from IT being given carte blance budgets.
Home Sweet Home, Best's Review, March 2018Gates Ouimette
The advent of smart home technologies will help insurers digitally transform related products and lines.
While the property/casualty industry has received more visibility in its adoption and promotion of the smart home, life/health insurers stand to gain similar benefits.
The Three Pillars, Best's Review, January 2014Gates Ouimette
Insight: #Data, #process and #integration help chief information officers lead in enterprise technology.
The #CIO of the future must focus in areas that will add corporate #businessvalue ...and can demonstrate short-term benefits while building a foundation for future business benefits.
The Rise of the CMT (Chief Marketing Technologist)Gates Ouimette
The application of technology has moved from the back office to the front office with marketing taking the lead.
...Chief marketing technologists reflect the need for sales and marketing to drive technology adoption.
"The Next Big Thing" - Best's Review (AM Best), September 2016Gates Ouimette
Insurers could gain value from blockchain technology in various business areas.
...Blockchain's secret sauce is the concept of a distributed ledger securely shared via a peer-to-peer technology architecture.
Building Blocks: Business Architecture, Best's Review, June 2010Gates Ouimette
#Businessarchitecture helps #carriers close the “#integration gap” between IT and the business.
Capturing your business architecture today will provide better #transparency into #operational and #technology investments.
Best Of Breed Or Super Suite, Best's Review, December 2004Gates Ouimette
Whether dealing with enterprise resource planning #ERP or business-process applications, #insurers have many choices when selecting systems.
The choice of super suite vs best of breed is one way to manage risk and/or improve application functionality.
The One To One Advantage, Best's Review, September 1998 Gates Ouimette
Insurers are uniquely positioned to capture more customer data than most industries, if they use the information appropriately.
While much focus has been placed on business-to-consumer Web relationships, busienss-to-business applications carry the same advantages and application for insurers.
Portfolio Management, Best's Review, May 2004Gates Ouimette
#Portfoliomanagement within an insurer's applications as well as #BPO relationships.
Portfolio management allows IT operations to be measured from a business process-centric perspective.
Overall IT technology costs can be specifically associated with each business process, regardless of the type of IT #infrastructure.
#Insurers are discovering cost savings and increased functionality from Voice over Internet Protocol #VoIP service.
As VoIP matures from both a technology and #insurance industry perspective, business benefits will mature.
A Refreshing Start Pre-Issue Documentation, Best's Review, December 2008Gates Ouimette
#Scanning as part of the overall #lifeinsurance policy #workflow and process.
Pre-issue #process visioning, both strategic and tactical, is critical to the #policylifecycle.
The decision to invest in systems or #offshore resources ultimately should get evaluated within the context of current #businessprocesses.
Oprah Winfrey: A Leader in Media, Philanthropy, and Empowerment | CIO Women M...CIOWomenMagazine
This person is none other than Oprah Winfrey, a highly influential figure whose impact extends beyond television. This article will delve into the remarkable life and lasting legacy of Oprah. Her story serves as a reminder of the importance of perseverance, compassion, and firm determination.
Senior Project and Engineering Leader Jim Smith.pdfJim Smith
I am a Project and Engineering Leader with extensive experience as a Business Operations Leader, Technical Project Manager, Engineering Manager and Operations Experience for Domestic and International companies such as Electrolux, Carrier, and Deutz. I have developed new products using Stage Gate development/MS Project/JIRA, for the pro-duction of Medical Equipment, Large Commercial Refrigeration Systems, Appliances, HVAC, and Diesel engines.
My experience includes:
Managed customized engineered refrigeration system projects with high voltage power panels from quote to ship, coordinating actions between electrical engineering, mechanical design and application engineering, purchasing, production, test, quality assurance and field installation. Managed projects $25k to $1M per project; 4-8 per month. (Hussmann refrigeration)
Successfully developed the $15-20M yearly corporate capital strategy for manufacturing, with the Executive Team and key stakeholders. Created project scope and specifications, business case, ROI, managed project plans with key personnel for nine consumer product manufacturing and distribution sites; to support the company’s strategic sales plan.
Over 15 years of experience managing and developing cost improvement projects with key Stakeholders, site Manufacturing Engineers, Mechanical Engineers, Maintenance, and facility support personnel to optimize pro-duction operations, safety, EHS, and new product development. (BioLab, Deutz, Caire)
Experience working as a Technical Manager developing new products with chemical engineers and packaging engineers to enhance and reduce the cost of retail products. I have led the activities of multiple engineering groups with diverse backgrounds.
Great experience managing the product development of products which utilize complex electrical controls, high voltage power panels, product testing, and commissioning.
Created project scope, business case, ROI for multiple capital projects to support electrotechnical assembly and CPG goods. Identified project cost, risk, success criteria, and performed equipment qualifications. (Carrier, Electrolux, Biolab, Price, Hussmann)
Created detailed projects plans using MS Project, Gant charts in excel, and updated new product development in Jira for stakeholders and project team members including critical path.
Great knowledge of ISO9001, NFPA, OSHA regulations.
User level knowledge of MRP/SAP, MS Project, Powerpoint, Visio, Mastercontrol, JIRA, Power BI and Tableau.
I appreciate your consideration, and look forward to discussing this role with you, and how I can lead your company’s growth and profitability. I can be contacted via LinkedIn via phone or E Mail.
Jim Smith
678-993-7195
jimsmith30024@gmail.com
Artificial intelligence (AI) offers new opportunities to radically reinvent the way we do business. This study explores how CEOs and top decision makers around the world are responding to the transformative potential of AI.
The Team Member and Guest Experience - Lead and Take Care of your restaurant team. They are the people closest to and delivering Hospitality to your paying Guests!
Make the call, and we can assist you.
408-784-7371
Foodservice Consulting + Design
The case study discusses the potential of drone delivery and the challenges that need to be addressed before it becomes widespread.
Key takeaways:
Drone delivery is in its early stages: Amazon's trial in the UK demonstrates the potential for faster deliveries, but it's still limited by regulations and technology.
Regulations are a major hurdle: Safety concerns around drone collisions with airplanes and people have led to restrictions on flight height and location.
Other challenges exist: Who will use drone delivery the most? Is it cost-effective compared to traditional delivery trucks?
Discussion questions:
Managerial challenges: Integrating drones requires planning for new infrastructure, training staff, and navigating regulations. There are also marketing and recruitment considerations specific to this technology.
External forces vary by country: Regulations, consumer acceptance, and infrastructure all differ between countries.
Demographics matter: Younger generations might be more receptive to drone delivery, while older populations might have concerns.
Stakeholders for Amazon: Customers, regulators, aviation authorities, and competitors are all stakeholders. Regulators likely hold the greatest influence as they determine the feasibility of drone delivery.
Case Analysis - The Sky is the Limit | Principles of Management
Sustainability, Best's Review, December 2018
1. AM BEST'S MONTHLY INSURANCE MAGAZINE
ADVERTISEMENT
Gates Ouimette
Technology
Sustainability
Insurers must recognize the financial impact and benefit of investing in sustainable
technology.
GATES OUIMETTE | DECEMBER 2018
The foreword of Microsoft's 2013 The Microsoft Carbon Fee:
Theory and Practice begins with the risk mitigation opportunity
available to insurers from sustainability initiatives.
“When it comes to mitigating risks associated with sustainability
issues, the importance of having robust corporate policies that
reflect a company's sustainability priorities cannot be
overstated,” said Mindy Lubber, president of sustainability
nonprofit Ceres. Written in the foreword of Microsoft's guide
summarizing its approach to building a simple carbon fee
model, the guide includes a five-step process to help
companies customize the model.
Five years after the publication was released, only one insurer
—Canada's Manulife—is readily visible in Ceres' investor
network list.
Perhaps carrier investments remain limited due to the slowly
evolving business impact of sustainability, or because of the
ongoing discussion and the evolving impact of climate change.
Given the raison d'etre of the insurance industry is risk, despite
sustainability's macroeconomics being hard to qualify and
quantify at a corporate business level, insurers need to take a
more active role.
Along with taking a top-down approach with organizations like
Ceres, insurers should also try bottom-up strategies using
emerging technologies to positively impact sustainability. Just
look at how many trees have been saved with the use of email,
the internet and pdfs.
The sustainability impact from new technologies has never
been more pronounced than it is today. Insurers need to take in, then break down, the gamut of these technologies into
actionable initiatives. From the basket of machine learning, artificial intelligence, virtual/augmented/mixed reality, the internet of
Given the raison d’etre of the insurance
industry is risk, despite sustainability’s
macro-economics being hard to qualify
and quantify at a corporate business
level, insurers need to take a more
active role.