The future of data and AI in delegated authority: an executive summary
Delegated authority is a cornerstone of the London insurance market. Ongoing innovation in compliance, data management, and automation is vital to maintaining efficiency and competitiveness. It’s just as important to foster an open dialogue, so it was great to see Eames Partnership facilitate these important discussions and encourage collaboration across the market.
Eames Partnership, our executive search business, recently hosted an exclusive delegated authority breakfast roundtable discussing the likely impact of emerging technologies on delegated authority, with a focus on generative AI.
Data is so important for organisations of every kind right now, particularly when it comes to maximising AI. But for many reasons, the general insurance industry’s not getting the most out of its data.
For one thing, data silos and varying data standards mean there’s no such thing as ‘perfect’ data. There are no common industry data standards or systems in delegated authority. Some organisations are struggling to understand the business case and returns of AI. It also doesn’t help that boards often don’t have a clear understanding of data, digital technologies or even delegated authority itself.
How can delegated authority overcome its various people, talent and skills challenges when it comes to emerging technologies? How can it ensure greater organisational focus on DA business generally? And what role can senior leadership play in making delegated authority more appealing to new talent?
For more on the future of data and AI in delegated authority, read our summary of the event here and download the full report.
If you are looking for a new opportunity or need support in your next business objectives, please reach out to me for a confidential discussion at sam.crayk@eamesconsulting.com
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