ITC Vegas 2024

GenAI: Revolutionizing and Optimizing Insurance Operations with Intelligence

Wednesday, October 16, 2024
8:15-10:00 AM
Main Stage

Insurance operational models and technology foundations no longer meet the challenges and opportunities of today, causing increased operational costs, fight for talent, rising expense ratios, profitability challenges, and a dynamic, accelerating technology landscape with GenAI. Cutting-edge Generative AI is redefining how insurance professionals interact with their business solutions, improving productivity, driving operational efficiencies, precision, and enhanced user experiences. Understand the difference between AI and GenAI, the potential and power of GenAI, why an overriding data and analytics strategy are critical to using AI and GenAI, and the real business impact from this panel of industry pioneers and leaders.

Speakers

Robert Pick

EVP and Chief Information Officer
Tokio Marine North America Services

Manish Shah

President and Chief Product Officer
Majesco

Sandeep Mangaraj

Managing Director US Fintech
Microsoft

Denise Garth

Chief Strategy Officer
Majesco
(Moderator)

Lunch Workshop: Part II – How GenAI is Poised to Innovate and Revolutionize Insurance – Presented by Majesco

Wednesday, October 16, 2024
12:30-2:00 PM
Mandalay Bay Ballroom I

So you got a preview in the Fireside Chat on how GenAI is poised to innovate and revolutionize insurance … now you can get a deeper understanding and a live demo of the amazing operational impact!
If your Board, leadership and company is like so many others in the industry, GenAI and AI are the top topics of discussion in how you can leverage this technology. But to use it, you need to transform and invest in next-gen intelligent core systems with advanced technology. GenAI must be part of a bigger enterprise strategy, because, as we saw with a lot of digital strategies, incrementalism, without integrated holistic thought, isn’t the best approach. This is where Majesco’s approach to embed analytics across the entire value chain is so different! Our next-gen Intelligent Core for P&C and L&AH across policy, billing and claims offers this to help our customers stay competitive and future-proof their organizations. In this session we will dive deeper into our data and analytics strategy, the approach, the use cases and share a live demo using GenAI versus not — highlighting in real-time the operational and productivity value and how it will innovate and transform your business, putting you at the forefront for success.

Speakers

Manish Shah

President and Chief Product Officer
Majesco

Avi Elkoni

VP Data and Analytics
Majesco

Arun Kalyanaraman

GM and SVP – LA&H Solutions
Majesco

Badri Mallikarjunan

SVP & GM – Digital1st
Majesco

Denise Garth

Chief Strategy Officer
Majesco
(Moderator)

Seizing Growth and Market Opportunities with Business Transformation and Innovation

Thursday, October 17, 2024
10:30-11:05 AM
Mandalay Bay Ballroom H

Legacy business models and technology negatively impact operational efficiencies, expense ratios, profitability, talent, and data access, making agile transformation and innovation a present-day necessity for staying competitive. To succeed in this market shift, insurers must rethink their business and technology together, moving from a mindset of “this is how insurance is done,” to adopting next-gen cloud intelligent core platforms that drive growth, lower expense ratios, and optimize operations. Hear from a panel of insurance executives who have achieved remarkable business results and growth through transformation path or leveraging new business model with next-gen intelligent core technology to accelerate speed to market, innovation, and operational optimization.

Speakers

Bryan Ballatore

Chief Revenue Officer
OpenRoad

Chris Schlehuber

Chief Operating Officer
OpenRoad

Lauren Dieterich

Chief Operating Officer
Arch Insurance North America

Denise Garth

Chief Strategy Officer
Majesco
(Moderator)