American Family Insurance’s Post

The debate around whether the CIO should own innovation vs having a separate innovation team is an interesting one. Are CIOs expected to shepherd business-led, tech-enabled innovation groups? It likely depends on the culture and type of innovation the Insurance firm wants to pursue 📽 Take a listen to the full conversation at https://lnkd.in/gFR3A44s 💬 What is your perspectives based on the clip below?

🎉 We’re One Year Old! Can you believe it? A year ago today, FiveM Consulting was just a dream—a dream fueled by a passion for transforming the insurance industry and helping small to medium-sized companies achieve their full potential. In just 365 days, we’ve: - Partnered with visionary leaders to drive innovation and modernization.  - Helped companies not just navigate, but thrive in an ever-changing landscape.  - Built a community of forward-thinking professionals dedicated to pushing boundaries. And the best part? We’re just getting started! We’re so grateful to our amazing clients, partners, and supporters who have been with us every step of the way. Here’s to the next chapter—more growth, more innovation, and more breaking down barriers together! #oneyearstrong #innovation #digitaltransformation #insurtech

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**MAPFRE Appoints Group Chief Innovation Officer** It's exciting to see leading insurance companies like MAPFRE prioritizing innovation! With the appointment of a Group Chief Innovation Officer, MAPFRE is likely to stay ahead of the curve in the rapidly changing insurance landscape. This move demonstrates the company's commitment to embracing new technologies and customer-centric approaches to drive growth and success. The new group chief innovation officer will play a crucial role in developing and implementing innovative solutions to meet the evolving needs of customers. This appointment is a significant step towards MAPFRE's goal of becoming a more agile and responsive organization. #Innovation #Insurance #MAPFRE #Leadership #DigitalTransformation #InsuranceIndustry #BusinessNews Source: https://lnkd.in/gqdTk5FJ Update Date: 2 hours ago

Our unique approach to collaboration empowers our Members to have the confidence and support to push boundaries and innovate. Our dedication to open dialogue and unwavering support fuels the ambitions of visionary leaders like Bobby, enabling them to transform the insurance landscape. Together, we can achieve the extraordinary: https://accelerant.ai/ #InnovationInInsurance #EmpoweringLeaders #AcceleratingSuccess

🚀 Another Productive Week in London and Scotland! 🇬🇧 🏴󠁧󠁢󠁳󠁣󠁴󠁿 I had the privilege of attending the Insurance Innovators event, and it was nothing short of inspiring! 🤝 From insightful discussions on emerging trends to networking with industry leaders, it's clear that the insurance landscape is evolving at an incredible pace. 💼💡 Here are a few key takeaways: 1️⃣ Innovation is Key: The industry is embracing technology like never before, with gen AI and data analytics revolutionizing how we approach fraud and customer engagement. 2️⃣ Customer-Centric Focus: There's a growing emphasis on putting customers at the heart of insurance solutions. Tailored, transparent, and accessible offerings are the way forward. 3️⃣ Collaboration is Thriving: Partnerships between traditional insurers, insurtech startups, and other industry players are fostering innovation and driving positive change. I'm excited about the future of insurance and the opportunities it presents. Let's continue to work together to create a more resilient industry. 💪 #InsuranceInnovators #Insurtech #InsuranceIndustry #Productivity #Networking #Innovation

Our senior business leaders gathered recently to map out the future of our commercial products and strategize the best ways to offer comprehensive solutions for our clients. More than just a meeting, it was the start of a journey toward a future where innovation, collaboration, and client satisfaction take center stage.   Our three pillars to achieving and redefining excellence in the insurance industry include:   - Cross-Selling Excellence: We are gearing up to seamlessly integrate and cross-sell products, offering comprehensive solutions for our clients.   - Underwriting Mastery: By combining expertise across the organization, we're set to elevate our underwriting processes, providing even greater value and precision.   - Unified Technology Flow: Harnessing the power of technology, we're working toward a unified flow for commercial products that will streamline operations, boost efficiency, and enhance the overall customer experience.   Our leadership team is committed to staying ahead of the curve, always seeking new ways to better serve our clients and meet their diverse needs. Stay tuned for exciting updates on our journey toward creating best-in-class insurance solutions!   #InsuranceInnovation #Leadership #BestInClass

In a constantly changing, and sometimes fraught, context, it can be difficult to manage new challenges. However, we believe that you get out of change what you put into it, which is why we’re committed to helping clients initiate, navigate and benefit from change. We’re excited to reveal our new baseline which embodies this new philosophy!  #OptimistsForChange #SiaPartners #NextGenconsulting

This exclusive workshop led by industry expert Doug Alexander will delve into building trust, aligning innovation with business strategy and establishing measurable metrics for success. This is your chance to explore strategies for transforming your innovation function into a powerhouse that drives tangible results! 🚀 Held at InsurTech Hartford Symposium this April 17 & 18th. See comments for link to register. #IHS2024 #InnovationInInsurance #BusinessValue 

Let's talk about innovation! There's no doubt that it's a key ingredient for any successful company. But it's not just about talking or muddling over it. It's about taking action and using innovation to differentiate your company and ignite your employees. I'm excited for this upcoming session, where we'll explore the right ways to innovate and avoid the wrong ones. Let's fire up our businesses and make a real impact! #Innovation #BusinessGrowth #EmployeeEngagement