NTT DATA at ITC Vegas 2024: Shaping the Future of Insurance
NTT DATA recently attended the InsureTech Connect (ITC) Vegas 2024 conference, the world’s largest gathering of insurance professionals, innovators, and technology enthusiasts. The event, held in Las Vegas, offered a prime opportunity for NTT DATA to showcase its cutting-edge solutions and reinforce its commitment to driving digital transformation within the insurance sector.
ITC Vegas 2024 provided a platform for NTT DATA to demonstrate its commitment to innovation in the insurance industry.
A Hub of Innovation: ITC Vegas 2024
ITC Vegas 2024 brought together over 9,000 attendees and more than 600 sponsors, including major players in the insurance industry. The conference served as a vital hub for exploring new ideas, sharing best practices, and fostering collaboration.
NTT DATA’s Presence and Key Takeaways
NTT DATA highlighted its advancements in data and artificial intelligence (AI) as key drivers of digital transformation in insurance. The company emphasized its commitment to helping insurance providers achieve:
- Business Growth: Implementing strategies to expand market reach and increase revenue.
- Enhanced Customer Experiences: Leveraging technology to improve customer interactions and satisfaction.
- Operational Excellence: Streamlining processes and improving efficiency through technology.
NTT DATA engaged with industry leaders, analysts, and journalists throughout the event, resulting in valuable business opportunities and deeper insights into emerging trends.
NTT Data executives met with key industry players to discuss the future of insurance.
Showcasing Innovation
At ITC Vegas 2024, NTT DATA presented several innovative solutions designed to propel the insurance industry forward:
- Executive Guide: A strategic guide outlining key strategies for insurance leaders looking to drive business growth, enhance customer experiences, and achieve operational excellence.
- AI and Earnix Collaboration: A video showcasing the collaboration between NTT DATA and Earnix, demonstrating how it can improve compliance, accelerate growth, and provide superior customer experiences.
- Research on Data and AI: Research highlighting how data and AI can transform the insurance industry through specific case studies, emphasizing the practical applications and benefits of these advanced technologies.
Insights from NTT DATA’s Leaders
NTT DATA’s commitment to GenAI solutions was a central theme during the event. Proneet Sharma, President – Insurance business at NTT DATA, shared his insights:
“NTT DATA is at the forefront of driving digital transformation in the insurance industry. Our focus on GenAI solutions is beyond technology solutions; it’s about creating meaningful, impactful changes that benefit our clients and their customers. The insights and client discussions at ITC Vegas 2024 have reinforced our commitment to innovation and customer satisfaction.”
Post-Event Engagement
Building on the feedback and conversations from the event, NTT DATA has developed a range of resources for industry leaders, including:
- Video Resources: Two short videos on topics discussed at ITC Vegas, covering the impact of GenAI on insurers and analyzing the ‘buy vs. build’ decision for GenAI technologies.
- Webinar: A webinar titled “Breaking the legacy mold: GenAI’s impact on insurance,” that provides insights into the transformative potential of GenAI.
Conclusion: Driving the Future of Insurance
NTT DATA’s participation in ITC Vegas 2024 highlighted its dedication to revolutionizing the insurance industry. By fostering valuable partnerships and sharing innovative solutions, NTT DATA continues to shape the future of the insurance sector. Stay tuned for more insights and updates as NTT DATA advances its mission to transform insurance through technology.
