ESG stands for environmental, social, and governance. ESG investing refers to the consideration of these three factors alongside financial factors in the investment decision-making process, according to MSCI. ESG has evolved over the years and has recently made headlines as consumers become more aware of the environmental and societal impact of their investments.
This speed of change will only continue to accelerate as new technologies like artificial intelligence, IoT, and telematics become more deeply integrated into the insurance industry. But how can insurers deliver the omni-channel, digital-first experience today’s customers demand? The answer lies in connected insurance. What is connected insurance?
Despite the challenges of the past two years, I’ve been speaking regularly on AI and the future of the human-machine relationship. Often I’ve done it thanks only to some of those machines, using remote tech that was previously seen as a gimmick, a convenience, or an annoyance. When pushed by a crisis, it’s remarkable what we can accomplish.
Digital transformation in the financial services industry is driving rapid change in the way financial institutions do business. Consumer expectations are growing. Managing money and investments through digital mediums is the new normal. But financial institutions face heavy regulations that can make it difficult to keep up with transformation. To stay competitive and digitally transform, financial organizations can prioritize these imperatives for a differentiated customer experience. 1.
Processes exist within organizations to help them carry out the tasks and activities necessary to keep the business running. But often, these processes don’t run as smoothly as they should. Inefficiencies creep in, certain activities take longer than necessary, or important steps are skipped altogether. How can you get at the root of the issues that are bogging down your processes to get them running more smoothly and efficiently? The old approach to process optimization is no longer enough.
