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Home Explore Digital Booklet - Automation Leaders Practice Group

Digital Booklet - Automation Leaders Practice Group

Published by Market People Magazine, 2021-04-20 14:46:17

Description: www.lmforums.com

Keywords: Insurance,LMForums,City of London,Medix,Autorek,automation

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AUTOMATION LEADERS PRACTICE GROUP 20THAPR 2021 KINDLY SPONSORED BY:

AUTOMATION LEADERS PRACTICE GROUP TH 20 APR 2021 KINDLY SPONSORED BY:

OUR GUEST SPEACKERS GORDON MCHARG CEO AT AUTOREK TOM BUTLER PRODUCT OWNER AT MILLER INSURANCE SERVICES LLP KINDLY SPONSORED BY:

BREAKOUT ROOMS 1 QUESTION: For many years the focus of Automation in insurance has been on front end customer facing solutions, although for some, the recent pandemic has caused a shift in focus to back and middle office automation solutions. Do you agree or disagree? 2 QUESTION: Many large insurance organisations are in the process of delivering \"Data Strategies\" as key components of their transformation and change projects, overhauling the existing operating model in favour of a new leaner, automated and more operationally resilient environment. Does your organisation have a clearly understood “Data Strategy”? 3 QUESTION: Automation seems to be impacting most Market firms, to some extent. Would you say that we might have seen the peak in RPA now, with more focus on Low Code, No Code and Ai/ML related technologies? KINDLY SPONSORED BY:

POLLING In which areas of your business are you seeing the most implementation of or best opportunity for automation? KINDLY SPONSORED BY: 21% 5% 63% 11% 0% 0% 0% 0 25 50 75

What do you feel is the principle driver behind the surge in automation related projects? POLLING 16% KINDLY SPONSORED BY: 0% 74% 5% 50 75 5% 0 25

POLLING Where's the main focus of automation projects in your firm this year? KINDLY SPONSORED BY: 94% 0% 6% 0% 0% 0 25 50 75 100

POLLING What impact do you see on the current workforce/structure of the business (human capital) from automation related projects? KINDLY SPONSORED BY: 14% 48% 19% 19% 0 10 20 30 40 50

Typically, how quickly are you looking for a return on investment from your automation related projects? POLLING 10% KINDLY SPONSORED BY: 74% 16% 75 0% 25 50 0

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