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Preparing for
tomorrow, today.
© CGI Group Inc.
Future of General Insurance 2014
“Tracking the growth of tomorrow’s technologies”
- Paul Dix
Financial
Services
Health Government Communications Utilities
CGI - a few of our global clients
2
Oil & Gas Manufacturing Transportation
Retail &
Consumer
Services
Over 10,000 commercial and government organisations worldwide
Preparing for tomorrow, today
Two Technology Enabled Views of 2025
UK 2025 UK Insurer 2025
Preparing for tomorrow, today
UK 2025 Will ….
Be Sustainable; Connected; Together & Different
4
…It is
also
effective,
efficient
and it
costs
less…
Preparing for tomorrow, today
Future Technology Insurance Enterprise
5
Will embrace the return of
piecework
Will leverage the internet of
everything
Will be a thin enterprise
Will have enabled Mass
Customisation & End User
Control
Will be a learning
organisation
Will recognise the primacy
of the Consumer’s World
Will have connected
Logistics & Distribution
Preparing for tomorrow, today
Why it will happen
In the next 15 minutes:
 More & More Connected
 More & More Data
 The consumerisation of IT
 Acting as a Collective
 When
 Why this is relevant to Insurers
Preparing for tomorrow, today
#1 More & More Connected:
A proliferation of connection points
4G rollout
Superfast Broadband Coverage
White Spectrum
GPS / Gallileo
NFC
Bluetooth
WiFi
Cars (parked) act as a network
APR as mass enforcement…
Connected Home
 A SIM in every home
Connected Car
 A SIM in every car
Connected Person
 Wearables
 A SIM with (in…) every
person
Preparing for tomorrow, today
#2: The Consumerisation of IT
Usage based access by and to consumers
iPhone
2007
iPhone 3G iPhone 3Gs iPhone 4 iPhone 4s iPhone 5
iPhone 6
2014
Preparing for tomorrow, today
#3: More & More Data
A consequence of connectivity & consumerisation
Value
becomes
virtual either
as a
representation
of a real thing
or as a virtual
concept
The
Knowledge
Economy
Preparing for tomorrow, today
#4: Acting as a Collective
More devices in the hands of the world
Self aware technology changes the nature of risk
Preparing for tomorrow, today
11
#5: When
Sooner than you think!
• Volvo, Nissan, Google, GM - in 5 years
• UK White spectrum trials - now
• Euro regulation for SIM in cars – so last year
Preparing for tomorrow, today
#6: Why This Is Relevant To Insurers
Preparing for tomorrow, today
Future Technology Insurance Enterprise
Will embrace the return of
piecework
Will leverage the internet of
everything
Will be a thin enterprise
Will have enabled Mass
Customisation & End User
Control
Will be a learning
organisation
Will recognise the primacy
of the Consumer’s World
Will have connected
Logistics & Distribution
Preparing for tomorrow, today
Thank you & questions
Come visit
us on our stand
www.cgi-group.co.uk/insurance

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Future of general insurance

  • 1. Preparing for tomorrow, today. © CGI Group Inc. Future of General Insurance 2014 “Tracking the growth of tomorrow’s technologies” - Paul Dix
  • 2. Financial Services Health Government Communications Utilities CGI - a few of our global clients 2 Oil & Gas Manufacturing Transportation Retail & Consumer Services Over 10,000 commercial and government organisations worldwide Preparing for tomorrow, today
  • 3. Two Technology Enabled Views of 2025 UK 2025 UK Insurer 2025 Preparing for tomorrow, today
  • 4. UK 2025 Will …. Be Sustainable; Connected; Together & Different 4 …It is also effective, efficient and it costs less… Preparing for tomorrow, today
  • 5. Future Technology Insurance Enterprise 5 Will embrace the return of piecework Will leverage the internet of everything Will be a thin enterprise Will have enabled Mass Customisation & End User Control Will be a learning organisation Will recognise the primacy of the Consumer’s World Will have connected Logistics & Distribution Preparing for tomorrow, today
  • 6. Why it will happen In the next 15 minutes:  More & More Connected  More & More Data  The consumerisation of IT  Acting as a Collective  When  Why this is relevant to Insurers Preparing for tomorrow, today
  • 7. #1 More & More Connected: A proliferation of connection points 4G rollout Superfast Broadband Coverage White Spectrum GPS / Gallileo NFC Bluetooth WiFi Cars (parked) act as a network APR as mass enforcement… Connected Home  A SIM in every home Connected Car  A SIM in every car Connected Person  Wearables  A SIM with (in…) every person Preparing for tomorrow, today
  • 8. #2: The Consumerisation of IT Usage based access by and to consumers iPhone 2007 iPhone 3G iPhone 3Gs iPhone 4 iPhone 4s iPhone 5 iPhone 6 2014 Preparing for tomorrow, today
  • 9. #3: More & More Data A consequence of connectivity & consumerisation Value becomes virtual either as a representation of a real thing or as a virtual concept The Knowledge Economy Preparing for tomorrow, today
  • 10. #4: Acting as a Collective More devices in the hands of the world Self aware technology changes the nature of risk Preparing for tomorrow, today
  • 11. 11 #5: When Sooner than you think! • Volvo, Nissan, Google, GM - in 5 years • UK White spectrum trials - now • Euro regulation for SIM in cars – so last year Preparing for tomorrow, today
  • 12. #6: Why This Is Relevant To Insurers Preparing for tomorrow, today
  • 13. Future Technology Insurance Enterprise Will embrace the return of piecework Will leverage the internet of everything Will be a thin enterprise Will have enabled Mass Customisation & End User Control Will be a learning organisation Will recognise the primacy of the Consumer’s World Will have connected Logistics & Distribution Preparing for tomorrow, today
  • 14. Thank you & questions Come visit us on our stand www.cgi-group.co.uk/insurance