Bitwise Launches Insurance Data Modernization Practice
November 21, 2024
New set of offerings leverages years of experience helping Fortune 500 Insurance companies to achieve successful data analytics and AI implementations
Bitwise Inc., a Chicago-based technology consulting and services company, launches its Insurance Data Modernization Practice to help data leaders deliver successful outcomes with their data and AI initiatives.
With its Insurance Data Modernization Practice, Bitwise uses extensive data expertise and a deep understanding of the analytical needs in the insurance industry to accelerate digital transformation and AI advancements.
The practice offerings take aim at traditional business processes and customer engagement to create value through improving operational efficiency, customer experience and risk management with the use of data modernization solutions and AI use case development.
Key Offerings of Bitwise Insurance Data Modernization Practice:
Data Platform Modernization – efficiently migrate traditional data warehouse and business intelligence platforms to the cloud.
Data Insights & Analytics – enable faster insurance claims and better understanding of customers with AI and machine learning.
Legacy Data Maintenance – get the most value from data locked in legacy insurance data warehouse systems.
Mobile App Development – provide enhanced customer experiences in areas like policy management and claims processing.
“The need for insurance companies to modernize their data is more urgent than ever,” says Ankur Gupta, Bitwise Inc. CEO. “Every company we talk to is wrapping their head around how best to derive value from Generative AI, and a modern data foundation in the cloud is a key ingredient for success. In the insurance industry especially, there are a ton of outdated business processes and legacy data systems out there that provide a treasure trove of opportunities to achieve ROI with Gen AI. Bitwise has developed the necessary tools and practices to help companies succeed.”
Strategic Partnerships for Accelerated Insurance Data Modernization
Bitwise partners with leading data and AI platform providers including Microsoft, AWS, Google Cloud, Informatica, Snowflake and Databricks to deliver optimal solutions for modernizing insurance data in the cloud and building successful AI and Gen AI driven applications.
Explore Bitwise Insurance Data Modernization Practice to learn how the consultancy helps build a better insurance data ecosystem for the AI era.
