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AI and AnalyticsTransforming the Insurance Landscape
Leslie Lee Fook
$2.4 Billion
Corporate Social Responsibility
Data Millionaire
43,883,319
My journey to data
My journey to data
Global Competition
Global Competitiveness
Three “V”s of Big Data
Three “Y”s of Big Data
Opportunity
Threat
Action
Speed of Technology Adoption0.25 M
10 months
1 million users
Speed of Technology Adoption
7 months
1 million users
Speed of Technology Adoption
Speed of Technology Adoption
2.5 months
1 million users
Speed of Technology Adoption
1 million users
0.5 months
The Drivers Internet Mobile IoT Cloud
The Internet
4.4 Billion Users of 7.6 Billion Population
Mobile
5.1 Billion Mobile Users
IOT Devices
8.4 BillionIOT Devices
Cloud
Speed of Data Growth
What is AI?
AI\ML Options
POINT SOLUTION
HIRE A DATA SCIENTIST
Point Solutions
Businesses will need 1,000,000 data scientist by 2018 ~ Deloitte
Data Science Life Cycle
C-SUITE
FINANCE MARKETING OPERATIONS IT HR
C-SUITE
FINANCE MARKETING OPERATIONS IT HR
C-SUITE
FINANCE MARKETING OPERATIONS IT HR
C-SUITE
FINANCE MARKETING OPERATIONS IT HR
C-SUITE
FINANCE MARKETING OPERATIONS IT HR
C-SUITE
FINANCE MARKETING OPERATIONS IT HR
Role of Executives
Opportunity
Operational excellence
Financial Transformation
Customer experience
Operational Excellence
Customer Experience
Customer Experience
Financial Transformation
Todays Approach
The Most
The Many
The Few
Trivia"I think there is a world market for maybe five computers.“
~ Thomas Watson, president of IBM, 1943
What Changed?
What’s the soloution?
The Data Movement
The Caribbean Opportunity