"The Dark Horse of Insurance: How SASRIA is Revolutionizing the Industry with Tech and Women in Leadership"
As the world teeters on the brink of chaos, one company is quietly rewriting the rules of the insurance game. Meet SASRIA, the South African Special Risks Insurance Association, and its CIO, Fiona Oakley-Smith, who’s on a mission to harness the power of data and technology to transform the industry.
With a whopping 32% of its annual budget dedicated to IT and related matters, SASRIA is betting big on innovation. "We’re in an investment phase," Oakley-Smith reveals, "and we’re pouring a lot of money into analytics tools, machine learning, and data visualization to get a deeper view into the risks we insure."
But SASRIA’s game-changing approach isn’t just about tech. The company is also making a bold push for diversity, with a focus on getting more women into leadership roles. "I think South Africa is particularly significant because we do make a bigger effort," Oakley-Smith says. "Even from a government perspective, I definitely think we have a bigger push to make sure we’ve got women in particular roles."
As the insurance industry continues to evolve, SASRIA is poised to take center stage. With its data-driven approach and commitment to diversity, the company is rewriting the rules of the game. Will other players follow suit, or will SASRIA remain the dark horse of the insurance world? Only time will tell.
"The Future is Female: SASRIA’s Quest for Diversity and Inclusion"
In a sector dominated by white males, SASRIA is bucking the trend. With a majority black and female leadership team, the company is leading the charge for diversity and inclusion. But what’s driving this transformation?
"I think the insurance industry has been very intentional," Oakley-Smith reveals. "When I joined the industry back then, it was dominated mostly by white males. But now, if you go to the same conference, you can definitely see from a transformation perspective it’s majority black and probably more than 50% of them are women."
As the industry continues to evolve, SASRIA is poised to lead the way. With its commitment to diversity and inclusion, the company is rewriting the rules of the game. Will other players follow suit, or will SASRIA remain the pioneer of the insurance industry? Only time will tell.
"The SASRIA Revolution: How Data and Tech are Disrupting the Insurance Industry"
As the world becomes increasingly complex, one company is harnessing the power of data and technology to transform the insurance industry. Meet SASRIA, the South African Special Risks Insurance Association, and its CIO, Fiona Oakley-Smith, who’s on a mission to revolutionize the way insurance works.
With a focus on analytics tools, machine learning, and data visualization, SASRIA is getting a deeper view into the risks it insures. "We’re trying to get all the data from our insurers," Oakley-Smith reveals. "We’ve received a sample from every single insurer in South Africa, and now we’re working on improving the data quality."
As the industry continues to evolve, SASRIA is poised to take center stage. With its data-driven approach and commitment to innovation, the company is rewriting the rules of the game. Will other players follow suit, or will SASRIA remain the pioneer of the insurance industry? Only time will tell.