Insurance & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

News

03:40 PM
Mike Adler, Joe Guastella, Todd Eyler, Matthew Josefowicz, Rod Travers, Denise Garth, Barry Rabkin
Mike Adler, Joe Guastella, Todd Eyler, Matthew Josefowicz, Rod Travers, Denise Garth, Barry Rabkin
News
Connect Directly
RSS
E-Mail
50%
50%

What Makes a Successful CIO?

The constant evolution of information and a changing competitive environment -- shaped by such diverse forces as general economic conditions, industry consolidation, changing customer expectations, and natural and man-made catastrophes -- ensure that the profile of the effective insurance technology executive continues to change. In this article, distinguished industry observers comment on what makes a successful insurance CIO.

More Challenging Than Ever

Joe Guastella Principal and U.S. Insurance Industry Consulting Leader, Deloitte Consulting

The expectations continue to grow for the technology organization to be an enabler and a competitive differentiator. As such, the successful insurance carrier CIO requires an even stronger understanding of the business imperatives, must have an effective partnership with the business to understand its priorities, and needs to have a firm grasp on the ability of technology and the technology organization to deliver both breakthrough and incremental benefits to the organization.

Two items are of particular importance today. First, the increasing impact of the legacy system issue on the financial and operational performance of the organization is requiring deeper expertise in the areas of technology architectures that will enable more speed and flexibility in supporting new applications and changes to existing applications. Second, the ability to have the strong, trusted relationships and demonstrated leadership capabilities across the organization and outward to the extended enterprise, including service providers and outsourcing arrangements, is an increasing management challenge for both CIOs and their organizations.

Previous
2 of 7
Next
Register for Insurance & Technology Newsletters
Slideshows
Video