• Home
  • Visit
    • Plan your visit
    • Meet the team
  • Content
    • Key themes
    • Agenda
    • Related content
  • Speakers
  • Partners
    • Partners
    • Download Prospectus
  • REGISTER YOUR INTEREST
  • CO-LOCATED WITH:
  • Future Identity FinanceFuture Identity Finance

Fintech Talents

Fintech Talents

Kallyas is an ultra-premium, responsive theme built for today websites.

T (212) 555 55 00
Email: sales@yourwebsite.com

Your Company LTD
Street nr 100, 4536534, Chicago, US

  • Home
  • Visit
    • Who attends?
    • Experiences
    • Steering committee
    • Plan your visit
    • Meet the team
  • Content
    • Key themes
    • Agenda
    • Related content
  • Speakers
  • Partners
    • Sponsorship prospectus
  • Co-located events
  • REGISTER YOUR INTEREST

Content

STAY TUNED

Sumesh Vijayakumar: the journey to digital transformation

by FTT Team / Thursday 15 February 2018 / Published in Insurtech
Sumesh Vijayakumar

We talk to Sumesh Vijayakumar, Business Process Analyst at Allianz, about the digital transformation journey for insurance companies and some of the challenges they face.

Tell us a little bit about your current role? Where do you think insurance companies are in relation to banks, for example, in their digital journey?

I have been working with leading global P&C insurance carriers for the last 14 years, and a good portion of that with Allianz. Currently in my role within the Business Excellence function, primarily focussed on collaborating with core business functions (read UW & Claims) to facilitate Organisational and Process changes. While P&C is still an evolving area within the Insurance sector when it comes to digital transformation, Allianz has been in the forefront advocating and driving customer centric change. I have the enviable position to be involved in the conceptualisation and implementation of change initiatives, and greatly helped through best practices from InsurTech and Industry forums.

Do you think that insurers worry about the potential competition from innovative insurtechs in a similar way to other areas in financial services?

In general there is more openness and realisation within the Insurance sector to the fact that innovation and “keeping the lights on” present entirely different opportunities, we are still to see the required levels of commitment when it comes to resources, leadership mindshare and ambition. Having said that I am thrilled by the commitment from Allianz group in pushing the Digital Transformation / Digital Inclusion agenda.

What keeps you awake at night?

I am excited about the fact that we are in the midst of such a diverse and nebulous transformation story, I am equally paranoid that we might under-leverage the opportunities through lack of a cohesive (Incumbent – Disruptor) collaboration strategy.

Do you think that the insurance industry has a bigger challenge in attracting talent?

Some key challenges we face within Insurance industry are due to lack of public awareness on the relevance, not being visible in the local communities and “accumulation” risks (most of the jobs are in the square mile). Organisations like Allianz, Aviva, AXA are tackling these challenges head on through engaging local communities – industry forums – academia.


Do you like craft beer?!

While I am a wine connoisseur, I can appreciate the passion and innovation within the craft beer.


Tagged under: digital transformation, insurance, insurance company, Splash

Recent Posts

  • The fintech playbook: Navigating uncertainty – A must read Vox Pop report

    Our latest Vox Pop report couldn’t be better ti...
  • With 250+ already confirmed, check out the Rockstar Speakers joining the 5th edition of The Fintech Talents Festival, taking place at The Brewery in London on the 13th – 14th November

    Friday 22 September, London: The Fintech Talent...
  • Scenes from the Fintech Talents Road Trip: The Power of ChatGPT  

    The Fintech Talents team, along with our partne...
  • Scenes from the Fintech Talents Road Trip: Utilsing AI, not depending on it    

    The Fintech Talents team, along with our partne...
  • Scenes from the Fintech Talents Road Trip: Open finance for the customer experience   

    The Fintech Talents team, along with our partne...


  • Home
  • Fintech Talents events
    • FTT SME Banking 2023
    • Fintech Talents Festival 2023
    • FTT Mutuals 2023
    • FTT Lending 3.0 2024
    • Fintech Talents Road Trip 2024
    • Fintech Talents North America 2024
  • FTT Embedded Finance & Super-Apps events
    • Unboxing the Next Generation of Embedded Finance
    • FTT Embedded Finance & Super-Apps North America West Coast 2023
    • Customer Alpha North America West Coast 2023
    • FTT Embedded Finance & Super-Apps Europe 2024
    • Customer Alpha Europe 2024
    • FTT Embedded Finance & Super-Apps North America East Coast 2024
    • Customer Alpha North America East Coast 2024
  • Future Identity events
    • Future Identity Festival 2023
    • Future Identity Customer North America 2023
    • Future Identity Finance Europe 2024
    • Future Identity Customer Europe 2024
    • Future Identity Finance North America 2024
  • View all events
  • Content
    • All Content
    • Interviews
    • Opinion
    • Videos
    • Digital Reports
  • VC INNOVATIONS – Accelerated Marketing
  • facebook
  • linkedin
  • youtube
  • twitter

GET IN TOUCH

T 020 8004 5517
Email: info@vcinnovations.co.uk

LONDON
1 Quality Court, London WC2A 1HR
Open in Google Maps

NEW YORK
477 Broadway, 2nd Floor, Suite 1033, New York, NY 10013
Open in Google Maps

QUICK LINKS

  • Home
  • About VC INNOVATIONS
  • Events
  • FAQs

Connect with us

  • facebook
  • linkedin
  • youtube
  • twitter

RECENT POSTS

  • The fintech playbook: Navigating uncertainty – A must read Vox Pop report

    Our latest Vox Pop report couldn’t be better ti...
  • With 250+ already confirmed, check out the Rockstar Speakers joining the 5th edition of The Fintech Talents Festival, taking place at The Brewery in London on the 13th – 14th November

    Friday 22 September, London: The Fintech Talent...
  • Scenes from the Fintech Talents Road Trip: The Power of ChatGPT  

    The Fintech Talents team, along with our partne...
  • Privacy Policy
Fintech Talents

© VC Innovations 2018. All Rights Reserved.



TOP

This website uses cookies to give you the best experience. Agree by clicking the 'Accept' button. Read our Privacy Policy.