Building a Business Analytics Culture in Insurance: A source of sustainable competitive advantage

You're invited to join industry expert Mark B. Gorman and your peers at an empowering executive roundtable.

Overview

Profitable growth is an elusive goal in today's increasingly competitive insurance industry. Rapid deployment of new products/features, balancing broader distribution channel opportunities, managing risks across an organization and making more precise pricing decisions require effective decisions with greater accuracy, efficiency and transparency.

 What to do? Leading organizations are increasingly turning to business analytics as a key factor for not just surviving but thriving in our current environment.

Objective

Mark B. Gorman will present his recent research on how leading insurers are using business analytics solutions to reduce reaction times to competitive pressure, respond more efficiently to market changes, improve the precision and efficacy of operational decisions and increase business managers' effectiveness in driving organizational value.

Gorman will also detail how your insurance company can make the cultural changes required to:

• Ensure enterprise collaboration in a siloed organization.
• Align resources toward thought leadership.
• Manage IT's transition from data guardian to data steward.
• Appropriate business analytic governance – whether centralized or decentralized.

Agenda

Speaker

Mark B. Gorman
Principal, Mark B. Gorman & Associates

With more than 25 years of industry experience, Mark B. Gorman's focus is on assisting both insurance carriers and vendors in furthering the adoption of emerging technologies in the insurance market.

As a former executive in the insurance market, Gorman was responsible for setting strategic direction in identifying, developing and executing on new products and services to achieve success. While doing so, he gained deep experience and expertise in helping insurers bridge the gap between business requirements and technology capabilities.

Gorman is now committed to helping insurers take advantage of emerging data and technology solutions that will drive profitability, revenue growth, operational efficiency and customer satisfaction. Read Mark's complete bio.