Mastering data governance has become a critical challenge for insurers in today's rapidly evolving insurance landscape. Many companies struggle to balance fostering innovation and maintaining regulatory compliance. This blog post will explore the complexities of insurance data governance, highlighting the pitfalls and best practices.
Read MoreBuilding a Data-Literate Insurance Workforce: Strategies for CDOs
Data literacy has become a critical skill for insurance professionals at all levels. As Chief Data Officers (CDOs) in the insurance industry, one of the most crucial challenges is fostering a data-literate workforce capable of leveraging data for better decision-making and innovation. This blog post explores strategies for CDOs to build and maintain a data-literate insurance workforce, highlighting real-world examples and addressing common challenges.
Read MoreMy memories are Metas training data - How Politics and Technology Meet
Technology is not neutral; it is always shaped by human hands. Meta’s plans to use personal content posted by Facebook and Instagram users to train algorithms suggest our digital histories are being repackaged to teach AI about—and how to mimic—humanity.
How should content be governed?
The roots of Silk Road creator Ross Ulbricht's story run deep into American libertarianism. Trump's recent pledge to commute Ulbricht's sentence sheds light on the intertwining of politics and tech.
Read an insightful extract on Silk Road's rise and fall by Joshuah Bearman: https://lnkd.in/ghr_A5iy
Climate Risk Assessment: The Looming Crisis in US Home Insurance
Climate change is no longer a distant threat but a present reality that's reshaping the insurance landscape across the United States. A recent New York Times investigation revealed that the impact of climate change on the US home insurance market is far more severe and widespread than previously thought, potentially affecting every homeowner in the country
Read MoreData Governance Best Practices: Lessons from Anthem's Massive Data Breach
In the insurance industry, data governance best practices are not just buzzwords – they're critical safeguards against potentially catastrophic breaches. The 2015 Anthem Blue Cross Blue Shield data breach serves as a stark reminder of why robust data governance is crucial.
Read MoreData Quality: Plan for Resistance
As organizations rush headlong into digital transformation initiatives, a critical factor often gets overlooked: data quality and the resistance to support ongoing data quality efforts. In the race to implement cutting-edge technologies and overhaul business processes, many companies fail to recognize that the success of these efforts hinges on the accuracy, completeness, and reliability of their underlying data. This oversight can lead to disastrous consequences, undermining the very goals that digital transformation aims to achieve.
Read MoreData Literacy: The $100 Million Insurance Policy You're Probably Ignoring
In boardrooms across the globe, executives are gleefully signing off on multi-million-dollar investments in data infrastructure. Big Data! AI! Machine Learning! But here’s the inconvenient truth they’re overlooking. Without a data-literate workforce, these shiny new toys are as useful as a Ferrari in a traffic jam.
Read MoreChange Management in Data Projects: Why We Ignored It and Why We Can't Afford to Anymore
For decades, we've heard the same refrain: “Change management is crucial for project success.” Yet leaders have nodded politely and ignored this advice, particularly in data and technology initiatives. The result? According to McKinsey, a staggering 70% of change programs fail to achieve their goals. So why do we keep making the same mistake, and more importantly, why should we care now?
Read MoreThe Art of Feedback: Reflections on transformative teaching and learning
At its core, effective teaching and learning hinge on meaningful feedback. It’s not just about grading; it’s about investing in each student’s growth, challenging them to think critically, and creating an environment where deep learning can happen. As educators, we nurture this process by providing the guidance and support that transforms education from a mere transfer of information into a transformative experience.
Read MoreWhere Business Meets Technology in the Marketplace of Information
Real estate focuses on governance and value derivation from assets. The Marketplace facilitates value-driven transactions while maintaining order, quality, and trust throughout the ecosystem. BOTH must work TOGETHER.
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