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ITA Pro Weekly, May 02, 2019

ITA LIVE 2019, Ayr Farmers Mutual Insurance, cybersecurity, risk management and a LOT more news from the ITA

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ITA LIVE 2019 Starts This Sunday, May 5th!

We've been talking about it for months.
Now, ITA LIVE 2019 is finally here!


The agenda is set.
The speakers are ready.
 
We'll be kicking off ITA LIVE 2019 this Sunday at the Marriott Harbor Beach Resort & Spa in Ft. Lauderdale, FL. Three days of the best content and networking opportunities in the industry.

We look forward to seeing you there!
ITA LIVE 2019

Special Report

It's Time to Start Reimagining Risk Management

What is the number one risk challenge facing most financial institutions today? Market risk? Credit risk? Asset and liability risk?

It's actually none of the above. 
The number one risk is cybersecurity risk.

That’s according to a new study published by Deloitte, the 11th edition of “The Global Risk Management Survey.” Completed by 94 financial institutions around the world from March to July 2018, this report covers a range of risk topics including today’s top risks, digital risk management, and financial vs. nonfinancial risks. It also highlights what financial institutions – including insurers – are doing to address new global threats and steps they are taking to reengineer their risk management systems.


For more information, click here.

Hot Off the Presses!

Ayr Farmers Mutual Insurance Company Selects Guidewire InsurancePlatform Products to Transform Core Operations, Data and Analytics, and Digital Engagement Capabilities 


Ayr Farmers Mutual Insurance Company, the sixth largest Ontario-based farm mutual insurer that provides residential, automobile, farm, and commercial insurance products, announced that it has selected Guidewire InsurancePlatform™ products to transform and digitize its operations to drive higher policyholder and producer engagement and satisfaction. The company plans to implement all of the products across all lines of business. Guidewire PartnerConnect™ Consulting member EY has been selected to lead the implementation project. 

“It is our desire to provide policyholders with an exceptional service experience. This initiative enables us to continue our commitment to them with a strong technology platform that allows us to not just respond, but also anticipate their needs quickly and easily,” said Jeff Whiting, President & CEO, Ayr Farmers Mutual. “The Guidewire platform will help us continue to innovate, creating the opportunity to be more agile and nimble in adjusting our products, pricing and processes. We also look forward to leveraging the opportunity for transformational change to support strategic growth and introduce efficiencies and integrations that will enhance our policyholder experience.” 

Click here for the rest of the article.

Electronic Chat

Electronic Chat is an on-going feature published in both our newsletter and on the ITA Pro magazine website. In this column, we feature insurance industry luminaries, thought-leaders, entrepreneurs, and pundits. We ask them questions about their background, their business and how they're addressing the challenging issues facing the insurance industry. 

This week, we talk with Dr. Dan Shoham, Chief Science Officer with Betterview, a company that provides software and services that capture, organize, and analyze data for buildings and properties to unlock valuable insight.


For the rest of the conversation, click here.

 
BREAKING NEWS FROM THE INSURANCE INDUSTRY 
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The Email Chat is a regular feature of the ITA Pro magazine and website. We send a series of questions to an insurance IT leader in search of thought-provoking responses on important issues facing the insurance industry.

ITA LIVE 2020

ITA LIVE 2020 –SAVE THE DATE!
April 5th – 7th, 2020
The Diplomat Resort
Hollywood, FL
Become a member today to receive updates – www.itapro.org/MR

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