Allianz’s Post

EY's #GenAI analysis reveals that TMT companies lead the way with a 52% adoption rate. As leaders in this space, these organizations now have the opportunity to shape the future of this tech for businesses across industries. By establishing an AI 'control tower,' overhauling cumbersome legacy systems, and injecting GenAI into a long-term transformation strategy, organizations can extract maximum value from this tech and position themselves as pioneers to help foster consumer and stakeholder loyalty. More from EY here: https://lnkd.in/g3fBdCvG #DigitalTransformation #GenAI #TMT Adrian Baschnonga Geoff Vickrey Olivier Wolf Andrew Young Paolo Canale

As one would expect, the highlight at this year's #VivaTech was #ArtificialIntelligence. It was fascinating to hear Alexander Vollert’s take on the transformation we’re living through and its impact on the future of work. He talked not only about how #AI can revolutionize our workplace and our jobs, but also how it can be leveraged to make our societies more inclusive and accessible!   At AXA Partners, we’ve been exploring the application of #AI and #GenerativeAI across the board, with the goal of bringing quicker response and assistance to our clients and providing a more efficient way of working to our employees. For example, #AI can help us in automating responses to standard enquiries, freeing up our agents’ time so that they can focus on more complex cases and improve the turnaround time in getting help where it’s needed the most. AXA recently also deployed SecureGPT, our very own internal #GenerativeAI platform that is capable of generating, summarizing, translating, and correcting texts, images, and code in a secure and data-privacy compliant way. I do think that the ethical and compliance aspects of these models will continue to take more and more space in the conversation around #AI. It’s already the case at AXA Partners where we’re thinking through a form of governance that would be responsible for tracking the technological and regulatory trends in this area.   The deeper I dive into #AI the more I keep coming back to our motto at AXA Partners: “Digital when possible, Human when it matters”. While automation initiatives may drive operational excellence and productivity, we know from experience that nothing can replace an empathetic human voice at the other end of the line when we are in distress.   #AXAPartners #AI #DigitalWhenPossibleHumanWhenItMatters #Vivatech #AXAatVivatech #AIinInsurance Gunter Uytterhoeven Karine MARTIN Adelane Mecellem Bob Ewers Estelle Hondermarck Frederic Suhner Sylvain Villeroy de Galhau Marie Vacherand Bruno Brochet Alban Trubert Enrique Lamarca Laure Asséo Christophe Druetto-Lafon

Gen AI is revolutionising how #enterprises operate, with a predominant trend towards adopting off-the-shelf tools for seamless integration into existing systems. Organisations are capitalising on cost efficiency, time savings, and #risk mitigation offered by these solutions, allowing for quicker deployment and reliable outcomes. As #GenAI continues to evolve and #technology becomes more accessible, we anticipate a shift towards bespoke solutions tailored to specific organisational needs. Curious to learn more about the transformative potential of Gen AI? Visit our webpage for deeper insights and stay ahead in this AI-driven era: https://deloi.tt/3SImaHo #AIInnovation #DeloitteAIForum #InnovateWithDeloitte #GenerativeAI #FutureTechTrends

As industries continue to evolve, the surge in demand for advanced digitization within insurance core platforms has been significantly intensified by the need to integrate Generative AI technologies. Companies that are undertaking transformations of their core systems must understand that this journey requires a collaborative effort between IT and business. Recognizing and adapting to these changes is no longer optional; it is essential for maintaining competitive advantage. Read more in BCG’s latest article “For Insurers, Three Paths to Modernizing Core IT” here: https://lnkd.in/grAqFbt3 #insurance #digitalinsurance #IT

A fantastic event to meet new and inspiring colleagues. I was honoured to attend the EY-Parthenon CXO Strategy Lunch: Doing more with less - the AI imperative. Across all industries, technology and customer preferences are changing. Leading companies are responding by becoming more like technology firms and undergoing significant transformations to remain competitive. Organisations that have succeeded in developing and executing a cohesive technology strategy have created value to shareholders through revenue growth and productivity improvements. The session looked how, given the rise of generative AI, AI is transforming the technology function – and what are the implications for the wider business? In a keynote and through a panel discussion, we gained insights on AI and how transformation of the technology function is being driven across the four fundamental needs: 1. Optimising cost and productivity 2. Modernising architecture and infrastructure 3. Improving customer experiences 4. Developing an engineering-first culture Valuable insights for our future journey and for helping my clients to solve puzzles to delivering efficiencies. #ai #artificialintelligence #entrepreneur #xixunasia #digitaltransformation #wealthtech #singapore

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🌟 GenAI has taken the world by storm! 🌟 You can't attend an industry conference, join a meeting, or plan for the future without discussing its impact. The insurance industry is buzzing about disruption and evolving market factors like consumer expectations, capital market impacts, and M&A. Yet, few solutions have successfully driven mass change for revenue-generating roles—until now. GenAI is a game-changer. By increasing the accessibility of insights, it offers actionable opportunities for organic growth with clients and carriers. It's the first technology providing a tangible "what's in it for me?" for revenue-generating roles, delivering not just data but actionable insights. 🚀 https://lnkd.in/ecg5ZNbE #GenAI #InsuranceInnovation #TechRevolution #DataDriven #OrganicGrowth #FutureOfInsurance #AI #InsurTech #Efficiency #CustomerSatisfaction

Over half of TMT companies are already using #GenAI. But with so many opportunities and challenges, where should they prioritize their actions? And what to do later?   We explore five no-regret actions that TMT companies need to take NOW: 1-Establish an “AI control tower” to centralize innovation, knowledge, and skills; designate someone from the C-Suite to plan and coordinate the control tower’s activities with other parts of the business. 2-Launch small-scale pilot projects using proprietary enterprise data to test GenAI solutions and gather feedback. 3-Put GenAI at the centre of the ecosystem strategy: prioritize AI discussions with existing partner ecosystem; monitor AI partner landscape for new opportunities 4-Start building stakeholder confidence in AI; identify new risks emerging from GenAI and implement tools to mitigate them. 5-Inject GenAI into multi-year tech transformation; ensure the technology roadmap is in sync with the selected GenAI pilots.   There are many other actions that need to be planned but not all the details need to be settled now.   To find out more, please read the full article: https://lnkd.in/g_MRM4UK Gregory Cudahy Kenneth Englund Tom Loozen Alex Yung Geoff Vickrey Adrian Baschnonga Tracy Watt John Harrison Channing Flynn Ian Beer Susan Robinson #BetterWorkingWorld

Join PwC’s AI leaders for a panel discussion where we dive deeper into our six AI business predictions for 2024 and practical examples for how your organization can be better positioned to take advantage of the continued technological improvements of tomorrow. #pwc #genai