Digital transformation continues to pick up pace across the financial sector. However, in spite of the potential benefits on offer, many insurance firms continue to lag behind their peers in terms of their overall digital maturity.
The digital landscape is evolving at a rate that's never been seen before and is set to continue accelerating in the years ahead. In such a fast-paced environment, the ability to work flexibly, responding to unexpected challenges and optimising the time-to-market for new innovations, is critically important for all organisations - whether they're ambitious start-ups or established global leaders. While IT infrastructure must certainly support this - hence the widespread phasing out of legacy infrastructure in favour of increasingly sophisticated Cloud transformation strategies - any new technology will be of limited effectiveness if processes and methodologies do not evolve in parallel.
In July of 2019, Exponential-e hosted a roundtable at The Ritz London, bringing together 18 top UK architects to discuss topical issues across the sector and sharing views on the matters at hand. One of the topics raised was the newly launched Architects Declare manifesto and its 11-point plan for tackling climate change and biodiversity loss. From 16 founding signatories, word spread like wildfie and within weeks, hundreds of practices - large and small - signed up, signalling that our architects were ready commit to operating in a greener, more sustainable manner.