I’m delighted that my colleague Tony Steadman joined me to debate the most recent business headlines on this month’s Insurance News Analysis. Tony is making information himself as a founding member of the just-launched Black Insurance Industry Collective (BIIC).
In this version, Tony, Abbey Compton and I speak concerning the goal and targets of the BIIC. The want to unravel 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 analysis reveals a direct correlation between worker psychological well-being, psychological well being assist, and the affect 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 applications.
We additionally discuss one other concern impacting insurers in every single place—cloud transformation. The have to speed up to the cloud is common. Tony and I discuss what we’re seeing and listening to as insurers handle the problem of shifting core insurance coverage functions to the cloud.
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