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Synergy Between Insurers' IT and Analytics Teams Key to Operationalizing Insights, Says Novarica

Given how critical data and analytics are in insurance, it is essential for technology leaders to ally with analytics partners to gain a competitive edge. In a new CIO Checklist report, Building IT/Analytics Alignment , research and advisory firm Novarica provides a guide for IT leaders to build and strengthen relationships with analytics units in their organizations.

"When they work together, technology and analytic teams can combine the benefits of their respective disciplines to co-create new products or capabilities not otherwise possible if each discipline kept to their swim lane," said Deb Zawisza, Vice President of Research and Consulting, and author of Novarica's new report. "As technology continues to advance in the analytics space, a well-aligned IT and analytic organization can take advantage of technology advances in the analytics space more effectively than those at insurers who keep them separate."

In particular, the brief suggests that CIOs take the following steps:

  • Become an Enabler
  • Co-Sponsor an Initiative
  • Support Collaboration and Team Building
  • Leverage Agile
  • Share Talent
  • Showcase Successes Together

Please contact media@novarica.com  or call Victoria Spitz at 833-668-2742 Ext. 130 for more information.

 


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