Providing insight to support growth
In 2016, we conducted our largest-ever survey of CFOs and finance leaders in the insurance sector. They shared their views on business and finance priorities, their vision for their operating models and their perspective on the challenges in obtaining that vision. They also discussed the importance of technology and people and their ongoing quest for greater efficiency. Overall, CFOs need to build the insight required to drive in a world where growth continues to remain the first challenge.
In addition, four themes emerged from our research:
- CFOs are key drivers of growth.
- Providing better insight is by far the top finance priority for CFOs.
- New accounting standards will require compliance that’s highly efficient.
- Finance operating models must consider data, technology and people issues.
To explore these themes, and analyze the top four business drivers for insurers, read the full report.
“With growth high on the agenda for the insurance industry, CFOs across all regions (Europe, Americas and Asia-Pacific) are increasingly investing in infrastructure and technology to promote better decision making. This is vital if they are to achieve the business and revenue growth they seek.” – Nicola Panarelli, EY Global Insurance Finance Transformation Leader