Paolo Mori’s Post

Achieving technology leadership in insurance can lead to better performance on the dimensions of premium growth, expense ratio, and customer loyalty. Yet, only 5% to 10% of carriers consistently capture value from their data and technology investments. Discover how targeted investments in tech can create a virtuous cycle of increased value and market share growth. https://dy.si/9mfq6J

According to a recent survey conducted by Bain & Company, 75% of financial services companies are meeting or exceeding the expected value of their generative AI initiatives. Our analysis of around 20 financial services firms delves into how they make decisions across four key dimensions: program sponsorship, governance, staffing, and funding. https://dy.si/dodJm

Christophe De Vusser is Bain’s new worldwide managing partner and CEO! Learn more about Christophe: https://dy.si/sCb5Ej

Bain’s latest survey of 893 automation executives worldwide finds that companies that invest most heavily in automation outperform in savings achieved and adoption of new, more disruptive technologies, including generative AI. In this insight, we examine how companies that master essential principles for effective automation are well-positioned to swiftly apply them to their AI programs. https://atbain.co/4bVdVAa

Digital transformations are faced with unprecedented disruption due to the rapid evolution of digital technology such as generative AI, and executives expect this disruption to continue or accelerate for at least another five years. Discover the key strategies underlying how digital leaders invest in technology and manage continuous disruption in our latest research: https://atbain.co/4c51oKF

Generative AI is no longer futuristic but an imminent reality, one offering financial services leaders both unparalleled opportunities and new business and societal risks. To achieve responsible AI goals and minimize risks, successful companies should focus on these five design principles. https://atbain.co/453BJiw #BainatMoney2020

Il rialzo dei tassi di interesse ha determinato la forte crescita degli utili delle #banche italiane negli ultimi due anni. Ma le attese di una prossima riduzione dei tassi da parte di Bce implicano che, per mantenere alti livelli di redditività, le banche dovranno puntare sulla crescita delle commissioni, in particolare da wealth management e bancassicurazione. Questa è una della principali riflessioni emerse dall'analisi sul sistema bancario di Bain & Company, presentato la scorsa settimana a Milano in occasione del "Bain Banking Event", e che ha analizzato anche i mutamenti del modello di servizio e le conseguenze sul #business bancario dello sviluppo dell’Intelligenza artificiale di tipo generativo (#GenAI). 👇🏻 Per saperne di più https://lnkd.in/eHM84CHD

Has #PrivateEquity dealmaking finally bottomed out? Based on data through May 15, the answer would be a tentative yes—though anything resembling a “normal” pace of investments and exits remains to be seen. Learn more in our midyear report: https://atbain.co/4aJfHmo

Today on Deciphered: The #Fintech Podcast, host Adam Davis is joined by Wendy Redshaw, chief digital information officer at NatWest, and Jason Maude, chief technology advocate at Starling Bank, to get to the heart of the question: Is there a technology gap between incumbents and challengers in the financial services space? Tune in to the full episode here. https://atbain.co/3wJ3QXI