I’m delighted that my colleague Tony Steadman joined me to debate the newest 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 discuss in regards to the objective 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 talk about workforce analysis carried out by The Hartford. Their analysis reveals a direct correlation between worker psychological well-being, psychological well being help, and the impression to an organization’s backside line. As Tony and I talk about, 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 purposes to the cloud.
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