Explore, Evaluate, Innovate: Insurance and Investment Digitalization

On October 2-3 we were thrilled to host clients from around the world at Elevate, our exclusive annual customer event. This year, in celebration of our 30th anniversary, we brought the event back to where it all started—beautiful Montreal, Canada.??

The hugely successful two-day event gave executives from insurance carriers, distributors and investment firms an opportunity to step outside their day-to-day priorities and take time to examine their digital transformation progress with fresh eyes.??

The two days were filled with interactive sessions from industry experts covering a wide range of critical digital transformation topics, including:??

Evaluating Digital Transformation Progress—and Shaping the Way Forward?

Matthew Scott , Director at Altus Consulting provided intriguing guidance on how to evaluate your transformation journey. He shared insights into the key modernization challenges companies face and provocative, but proven solutions.

Digital Transformation Advice: “Early-stage underinvestment is a bigger problem for you than late-stage delay”?

Equisoft Product Roadmap and Updates?

To show attendees what new possibilities exist for enhancing their digital transformation plans, Equisoft product owners led a series of interactive sessions on recent developments with Equisoft products that included discussions and lightning demos. ?

After CPO Olivier Lafontaine revealed the overall product strategy and roadmap, the audience split into break-out sessions that covered products relevant to them—from core insurance systems to digital font end tools, to agency management, portfolio analysis, advisor planning tools and data modernization services.??

Securing the Digital Frontier: Best Practices for Cyber and Data Protection?

Staggeringly large problem: “$9.5 trillion USD: global predicted cost of cybercrime”?

In 2024, Cyber security is a top priority for all enterprises so Benjamin Keller , AVP, Information Security & Compliance at Equisoft led a discussion about global threats to data security and how Equisoft leverages top-tier frameworks and global standards to fortify its cyber and data security. In this engaging examination of everything from deep fakes to threats to cloud infrastructures, execs discussed best practices for safeguarding critical systems and maintaining data integrity.?

Digital Transformation Project Implementation Best Practices and Client Enablement?

Equisoft COO, David Shively and Amit Sharma AVP, Global PMO revealed how new developments in professional services and project implementation are enabling faster speed-to-market and more rapid launch of new products.?

Day Two: CAB Workshop: Guiding the Future of Transformation?

On the second morning, attendees split into two different workshop tracks for a series of workshops in which they talked through challenges they face, solutions each of them have tried and provided input into future product and service development that would be most helpful.??

Track 1 covered:?

• Shaping the Development of Advanced Carrier Analytics?

• Defining the Future of Illustration Systems?

• Are you Properly Leveraging your Policy Data??

• LIMRA and Equisoft Data Readiness for AI Research?

Concurrently the second track included:??

• Demo and CAB Discussion of New Portfolio Optimizer Tool?

• How Should the Connections Between All Insurance Stakeholders Evolve??

• LifeGuide, Beyond Multi-Carrier Quoting?

• What Tech Developments Would Have the Biggest Impact on your Agents’ Experience?

Networking and Solution Sharing?

These sessions featured great discussions between participants, sharing their biggest hurdles and finding out what others have had success with. The spirit of the entire conference was one of open questioning and offering of best practices born out of hard experience.??

And, the discussions that begin in sessions over the two days continued over unforgettable dinner and cocktail experiences at the Port of Montreal Tower and Restaurant Jér?me Ferrer - Europea.?

Elevate 2024 Montreal—Forging a Vibrant Digital Transformation Community.??

We were thrilled that the 2024 event provided a platform for industry professionals to share ideas, collaborate on solutions, and discover new ways to navigate the quickly evolving digital transformation space.??

Whether you were fortunate enough to attend or couldn't make it this year, Equisoft is committed to keeping you informed and connected. Stay tuned for future events and opportunities to learn from industry leaders and explore innovative solutions.?

Missed Out on Elevate 2024 Montreal???

Don't worry! We'll be sharing key takeaways and session recaps in the coming weeks. In the meantime, connect with us on LinkedIn to continue the conversation and stay informed about upcoming events.?

#Elevate2024 #WealthTech #Innovation #FutureofFinance #Equisoft?