AI and AnalyticsTransforming the Insurance Landscape

Leslie Lee Fook

$2.4 Billion

Corporate Social Responsibility

Data Millionaire

43,883,319

My journey to data

My journey to data

Global Competition

Global Competitiveness

Three “V”s of Big Data

Three “Y”s of Big Data

Opportunity

Threat

Action

Speed of Technology Adoption0.25 M

10 months

1 million users

Speed of Technology Adoption

7 months

1 million users

Speed of Technology Adoption

Speed of Technology Adoption

2.5 months

1 million users

Speed of Technology Adoption

1 million users

0.5 months

The Drivers Internet Mobile IoT Cloud

The Internet

4.4 Billion Users of 7.6 Billion Population

Mobile

5.1 Billion Mobile Users

IOT Devices

8.4 BillionIOT Devices

Cloud

Speed of Data Growth

What is AI?

AI\ML Options

POINT SOLUTION

HIRE A DATA SCIENTIST

Point Solutions

Businesses will need 1,000,000 data scientist by 2018 ~ Deloitte

Data Science Life Cycle

C-SUITE

FINANCE MARKETING OPERATIONS IT HR

C-SUITE

FINANCE MARKETING OPERATIONS IT HR

C-SUITE

FINANCE MARKETING OPERATIONS IT HR

C-SUITE

FINANCE MARKETING OPERATIONS IT HR

C-SUITE

FINANCE MARKETING OPERATIONS IT HR

C-SUITE

FINANCE MARKETING OPERATIONS IT HR

Role of Executives

Opportunity

Operational excellence

Financial Transformation

Customer experience

Operational Excellence

Customer Experience

Customer Experience

Financial Transformation

Todays Approach

The Most

The Many

The Few

Trivia"I think there is a world market for maybe five computers.“

~ Thomas Watson, president of IBM, 1943

What Changed?

What’s the soloution?

The Data Movement

The Caribbean Opportunity