By
Ryan Smith
Davies, a specialist professional services and technology firm serving insurance and highly regulated markets, has announced the appointment of Jen Morrissey (pictured above) to the newly created position of group chief operations officer. She will be based in the US.
Morrissey has more than 20 years of experience in leading global strategic information technology and operations in the risk management and professional services sectors, Davies said. Prior to joining Davies, she served as chief information officer at Union Risk Advisors. Morrissey also previously served in roles at Willis Towers Watson and Electronic Data Systems.
In her new role, Morrissey will oversee Davies’ global technology, transformation, M&A integration, procurement and real estate functions. She will report directly to group CEO Dan Saulter.
Viewed historically as a expense centre and an outsourceable utility, a company’s technologies capabilities are more and more viewed by insurance policy small business leaders as critical enablers of organization approach, essential for rapid scaling, unlocking new earnings streams, getting rid of inefficiency and working in an increasingly complicated regulatory environment.
There is an acute require for companies to reposition technologies alongside other strategic functions to provide fresh imagining into how their technological innovation capability is organised and led. To do this productively, businesses will need exceptional expertise.
We analysed the condition of know-how management throughout the British isles coverage sector from the perspectives of government positioning, gender fairness, tenure and technology leadership pathway. Our investigate encompassed Chief Info and Main Technologies Officers from over 50 coverage organizations spanning the lifetime, common insurance coverage, wholesale and broker sectors.
Positioning
35% of organizations in our sample have appointed engineering
U.S. house insurers can now a lot more easily capture, prioritize and act on appropriate house challenges to help significantly strengthen underwriting effectiveness
ATLANTA, March 9, 2023 /PRNewswire/ — To handle soaring decline ratios and workforce issues, LexisNexis® Chance Remedies has announced enhancements to LexisNexis® Flyreel®, the insurance plan info and analytics leader’s the latest acquisition that utilizes artificial intelligence (AI) and device discovering to help self-company residence inspections. With these enhancements, U.S. insurers can now configure the Flyreel AI remedy with their personal underwriting tastes. The AI remedy is then able to aid expedite the underwriting process by capturing and assessing done house surveys and inspections, using proprietary laptop or computer vision technological innovation to highlight important dangers in alignment with every carrier’s exceptional threat appetite.
With this no-code enhancement, insurers can prioritize hazards based mostly on their needs and choices even though decreasing the amount of time
The fiscal safety and safety that insurance policy supplies is vital to all corporations and the present day financial system, specifically in disruptive moments.
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