Veteran Technology Leader Mark Smith Joins OZ Digital Consulting to Lead Global Insurance Practice | News

The OZ World wide Insurance coverage Follow presents electronic system and clever automation solutions to assets and casualty insurance coverage carriers, unlocking substantial effectiveness, shopper pleasure, and income development options.

FORT LAUDERDALE, Fla., April 18, 2022 /PRNewswire-PRWeb/ — OZ Digital Consulting, the global technological know-how and business enterprise advisory organization, right now announced that Mark B. Smith, an insurance market technology and functions leader, has joined the company as President of its World Insurance policy Apply. Smith, formerly vice president and senior lover with IBM Consulting, has deep expertise in operational transformation and excellence, lucrative development procedures and innovation, technological innovation and IT method, and purchaser and distribution strategies. He delivers to OZ more than 35 a long time of operational and technological innovation working experience in the Insurance plan Business.

“Mark has a incredible keep track of record of offering high-benefit technologies options to his coverage carrier shoppers,” mentioned OZ CEO Amjad Shamim. “‘His addition to our group further more demonstrates OZ’s determination to offering useful strategy views as perfectly as technologies options to our escalating roster of insurance coverage business clients.”

“The insurance plan field is at an inflection position as carriers navigate which digital transformation initiatives to prioritize and make investments in,” Smith mentioned. “It’s not a make any difference of ‘if’ but ‘when’ carriers modernize and automate their underwriting, claims and customer and agent services procedures. This is a best time for me to sign up for OZ as we broaden our global insurance exercise. I’ve led a lot of of these initiatives in the earlier, and I am truly amazed with the OZ team and our approach to supplying electronic options to our prospects.”

Smith has broad and deep global knowledge in the house and casualty coverage industry, taking part in essential roles in strategy formulation, operations, normal management, technological know-how, distribution, gross sales and marketing and advertising. He has an in depth track record in orchestrating huge-scale transformations, as effectively as growth-centered acquisitions and organization alliances, resulting in greater revenues and margins leveraging enabling technologies and by expansion into new distribution channels, geography and shopper segments.

As a Senior Partner at IBM Consulting, Smith was the Northeast Area Insurance policies Apply Chief, providing technique and engineering enabled transformation expert services to main insurance plan carriers these as GEICO, Chubb, AIG, Liberty Mutual, The Hartford, Travelers, Aflac, MetLife, Marsh, State Farm, and many others. In addition, he was North America Head of Insurtech Ventures Exercise, assessing potential innovations in coverage, partnerships, and prospective acquisitions.

Prior to his management roles at IBM, Smith served as Controlling Director and World wide Head of Insurance coverage for Alix Associates Business Advancement Follow. Earlier, Smith served as Chief Method Officer, Main Electronic Officer, Main Data Officer, and Head of Distribution Transformation at Farmers Team, Inc., a wholly owned subsidiary of Zurich Insurance coverage Group. At Zurich, Smith was Head of Operations and Technological innovation for the Americas, and a member of Zurich’s world functions Council.

OZ Digital Consulting is a consulting and technological innovation solutions chief centered on expanding client engagement and operational excellence by leveraging Intelligent Automation, with a aim on the house and casualty insurance coverage industry. Celebrating 25 yrs of expanding efficiency and income for its consumers, OZ is a very long time Microsoft Gold Companion.

Media Call

Ken Murray, OZ Electronic Consulting, +1 3023329120, [email protected]


Resource OZ Digital Consulting