I’m delighted that my colleague Tony Steadman joined me to debate the newest business headlines on this month’s Insurance coverage Information Evaluation. Tony is making information himself as a founding member of the just-launched Black Insurance Industry Collective (BIIC).
On this version, Tony, Abbey Compton and I speak in regards to the objective and objectives of the BIIC. The necessity to remedy for particular obstacles going through demographic segments historically underrepresented within the insurance coverage business is acute. I’m proud that Accenture is a part of this initiative and grateful to Tony for representing us.
We additionally focus on workforce analysis carried out by The Hartford. Their research reveals a direct correlation between worker psychological well-being, psychological well being assist, and the impression to an organization’s backside line. As Tony and I focus on, there are learnings and implications for insurers providing group and voluntary advantages and for all insurers contemplating workforce transformation packages.
We additionally speak about one other concern impacting insurers in every single place—cloud transformation. The necessity to speed up to the cloud is common. Tony and I speak about what we’re seeing and listening to as insurers deal with the problem of moving core insurance applications to the cloud.
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