InsureTech Connect 2017 took place days after the mass shooting at the Route 91 Harvest Festival in Las Vegas, Nevada. First and foremost, our prayers are with victims of the attack in Las Vegas and we send our gratitude to the brave First Responders.
As part of our commitment to assisting our clients in responding to rapidly changing innovations, members from the Balanced Growth (BG) team recently attended InsureTech Connect (ITC) 2017, the World’s largest Insurance Tech and Digital Innovation Summit. This annual event brought together 3,800 attendees, including tech entrepreneurs, investors and insurance executives from across the globe, allowing attendees to learn from and network with industry leaders in one venue.
Jason Bordui, President and Founder of BG had this to say after attending the event: “There is clearly a movement sweeping the insurance industry to figure our how to respond to the rapid advancements in technology that are threatening to disrupt the industry. Incumbent companies are working to figure out how to innovate and compete in an increasingly dynamic and challenging environment.”
Bob Jirgal, Principal at BG, added, “Almost all insurers have been working to understand the impact and how to take advantage of new capabilities, such as Artificial Intelligence (AI), Robotics, or Blockchain. This conference was a great way to stay current with the emerging thoughts on these capabilities and to hear where early adopters have had successes…and maybe more importantly some failures.”
We look forward to the opportunity to share more about what we learned with our clients in the coming months
Founded in 2006 by Jason Bordui, Balanced Growth is a Chicago-based, innovation consultancy. Our mission is to create enduring value for our clients and their customers through strategic innovation and operational transformation. We focus on collaborating with clients in the Insurance, Financial Services, and Healthcare sectors to design, implement, and accelerate their Operational, Technology, and Innovation initiatives.