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Insurance Technology Market Trends: Reflecting on the Recent Guidewire Kufri Release | Blog

Everest Group

Emphasizing streamlined processes, advanced data analytics, and expanded global solutions, Kufri is set to enhance the competitive edge of insurers worldwide. This release emphasizes process efficiency, accelerated time to market, and enhanced data analytics capabilities, all while expanding Guidewire’s reach beyond North America.

Insurance 162
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Transformation Imperatives for Wholesalers and MGAs in Insurance: Exploring Opportunities to Unlock the Next Growth Phase | Blog

Everest Group

Technology and business process services (BPS) providers can help MGSs reduce costs and increase their digitization and automation intensity. MGAs can outsource either a part of the value chain or engage in end-to-end transformative deals, depending on their appetite for outsourcing, process maturity, and management buy-in.

Insurance 130
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AI Regulations for Financial Services: OCC

Perficient Digital Transformation

OCC In December 2023, the Office of the Comptroller of the Currency (OCC) classified AI as an emerging risk to the banking industry in an industry report they produced. The supervision risk management principles, outlined in the OCC issuances, provide a solid framework for banks implementing AI to operate safely, soundly, and fairly.

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Unleashing the Power of Generative AI in Acute Care: Revolutionizing Healthcare Delivery

Perficient Digital Transformation

Moreover, GenAI can serve as a powerful tool for predictive crisis management, leveraging advanced analytics to identify early warning signs of patient deterioration. This not only enhances operational efficiency but also reduces burnout and improves staff satisfaction.

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Achieve Data Center Excellence with IBM and VMware

IBM Services

Finance: Optimized for high-speed transactions and can assist in providing robust security, harnessing AI for fraud detection and real-time risk management. Healthcare: Support telemedicine and patient data analytics, requiring stringent compliance regulations.

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CFO Challenges and Priorities in 2021 And Beyond

Planergy Software

Securing competitive advantage means mastering emerging technologies and developing strategies that incorporate risk management, data-driven decision making, and a collaborative, agile approach. They don’t just lead the finance team or spearhead initiatives to reduce costs.

Finance 97
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Cloud Migration Role in Digital Transformation: The Strategic Roadmap

Amzur

By moving applications and infrastructure to the cloud, organizations can streamline their operations, reduce costs, and respond more quickly to market changes, thereby gaining a competitive edge. Risk Management Objective: Identify potential risks and develop mitigation strategies.