Course Outline
Introduction to Insurtech
- Impact on the insurance industry
- Winners and losers in the transformation
Assessing your company's current state
Technical innovations applied to the insurance sector
- Big Data, Blockchain, AI, Robotics, IoT, Just-In-Time (JIT), and Cybersecurity
Mapping your company's current position and defining your target state six months ahead
Case study and exercise:
- Conducting a readiness assessment
Big Data: Leveraging your most valuable asset
- Fundamental concepts and practical applications
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Developing a Big Data strategy
- Building the right team
- Leveraging existing assets and scaling from there
Blockchain: Putting the digital ledger to work for your organization
- Demystifying Blockchain technology
- Lessons learned from the financial sector
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Implementing a Blockchain strategy
- Building the team
- Mapping your transactions onto 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
- Tapping into available resources and tools
Robotics and automation: Deploying robots to work for you
- Automation versus Robotic Process Automation (RPA)
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Implementing an RPA strategy
- Outsourcing versus in-house development
IoT: Creating new business models based on IoT-enabled platforms and ecosystems
- Five ways IoT will transform the insurance industry
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Redesigning insurance policies to reflect the health and status of people and assets
- Building the team
JIT: Applying Just-In-Time marketing principles in insurance
- JIT lessons adapted from manufacturing to creative services sectors
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Implementing the processes and tools required for JIT
- Building the team
Online security: Cybersecurity for the insurance sector
- Revisiting traditional definitions of cybersecurity
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Implementing a compliance plan and training business leaders
- Building the team
Bringing it all together
- No "one-size-fits-all" solutions; no "all-or-nothing" approach
- Taking the first step toward transformation
Communicating complex topics effectively
- Engaging in productive conversations with managers and senior leaders
- Engaging in productive conversations with technical experts and data analysts
Closing remarks
Requirements
- Familiarity with the insurance sector, including its systems and core processes
- Interest in understanding how Insurtech is reshaping the competitive landscape of the insurance industry
- Interest in learning how to adopt new technologies and methodologies in a structured, step-by-step approach
Testimonials (3)
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