Banks Pull Ahead Insurance Companies in Digital Transformation

A new report by Capgemini shows that banks are ahead of the insurance counterparts when it comes to transforming their businesses for the digital world; 38 percent of banks say they have the necessary digital and leadership capabilities, while insurance companies show 30 percent; banks are doing best in customer experience and internal operations; while both types of firms feel they are making progress there is still a long way to go; three key areas where they need to do better are enhancing agility, attracting the right talent and personalizing products and services. Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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