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No Mask Required – Virtual Events in August You Won’t Want to Miss!

Santa Barbara, California — July 24, 2020 — ClarionDoor’s CEO, Michael DeGusta, is gearing up to speak at several virtual industry events this August. Michael will be joining a power-packed group of panelists to discuss Accelerating Your Digital Journey and Core Systems Evolution. 

Insurance Business America Techfest 2020

August 12, 2020

IBA TECHFEST 2020

With both businesses and customers becoming increasingly reliant on technology during the pandemic, the appetite for digital innovation has increased. Digital innovation occurs when it’s supported company-wide and not just spearheaded by the IT team. How do you develop the strategies, processes and business environment to embrace new technology and remain competitive in the digital era?

  • How do you align your digital strategy with your organizational goals?
  • Effective leadership to drive digital transformation within your organisation
  • What are the latest technologies and how do you select what is right for your business?
  • Creating business models that can embrace and support transformation

Moderator: Jack Jennings, Executive Vice President, Willis Towers Watson 

Justin Gress, Director of Strategic Operations, North America, AXA XL 

Michael DeGusta, CEO, ClarionDoor 

Greg Murphy, Executive Vice President, North America, Instanda 

InsurTech NY Core System Evolution – Insurtech and Legacy Integration

August 27, 2020

The global pandemic has brought to light one of the worst-kept secrets of IT Departments. The majority of their budgets are spent on maintaining legacy systems and of organizations that were started before the space era. Many of those legacy systems were built before the graduating class of Gen-Zs computer science majors were born.

The challenge in starting transformation projects is that they are high-risk because most projects are mission-critical and have no redundancy. Insurers cannot do without their policy administration, billing, or claims systems for even a few hours. And, transformation is expensive. According to a study by Deloitte and LIMRA [1], the estimated payback period of 60% of transformation projects is more than 4 years or unknown.

Fortunately, all hope is not lost. Almost half of the companies surveyed by LIMRA [1] have completed at least one transformation so far. Traditional core systems providers have developed paths to derisk transformation and InsurTechs now have solutions to tackle challenges through APIs, Microservices, and partial replacements. Learn the latest changes from our panels of experts who have been through dozens of digital transformations.

For more information about these events, please visit their websites or contact Spiro Skias, director of product marketing at spiro.skias@clariondoor.com.

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