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

The OZ World-wide Insurance policies Follow delivers digital system and intelligent automation options to home and casualty insurance carriers, unlocking substantial performance, customer pleasure, and profits growth alternatives.

FORT LAUDERDALE, Fla., April 18, 2022 /PRNewswire-PRWeb/ — OZ Electronic Consulting, the world-wide technologies and business advisory organization, right now declared that Mark B. Smith, an insurance policy market technological innovation and functions chief, has joined the agency as President of its Worldwide Coverage Apply. Smith, formerly vice president and senior husband or wife with IBM Consulting, has deep encounter in operational transformation and excellence, lucrative progress methods and innovation, technological innovation and IT system, and purchaser and distribution methods. He delivers to OZ a lot more than 35 several years of operational and technological innovation knowledge in the Insurance policies Marketplace.

“Mark has a remarkable track document of providing significant-price know-how methods to his insurance policies carrier clientele,” explained OZ CEO Amjad Shamim. “‘His addition to our workforce additional demonstrates OZ’s determination to delivering worthwhile approach views as well as know-how methods to our escalating roster of insurance plan market purchasers.”

“The insurance plan sector is at an inflection point as carriers navigate which digital transformation initiatives to prioritize and make investments in,” Smith mentioned. “It truly is not a matter of ‘if’ but ‘when’ carriers modernize and automate their underwriting, claims and client and agent provider processes. This is a great time for me to be a part of OZ as we develop our global insurance policies practice. I’ve led a lot of of these endeavours in the past, and I am certainly impressed with the OZ team and our solution to supplying digital solutions to our buyers.”

Smith has broad and deep worldwide encounter in the house and casualty insurance coverage sector, enjoying critical roles in system formulation, functions, typical management, technologies, distribution, income and advertising and marketing. He has an in depth background in orchestrating massive-scale transformations, as very well as advancement-targeted acquisitions and small business alliances, ensuing in amplified revenues and margins leveraging enabling technologies and by expansion into new distribution channels, geography and purchaser segments.

As a Senior Husband or wife at IBM Consulting, Smith was the Northeast Region Insurance coverage Apply Chief, giving approach and technological know-how enabled transformation expert services to top insurance policy carriers this sort of as GEICO, Chubb, AIG, Liberty Mutual, The Hartford, Tourists, Aflac, MetLife, Marsh, Condition Farm, and some others. In addition, he was North The us Head of Insurtech Ventures Observe, evaluating long run innovations in coverage, partnerships, and potential acquisitions.

Prior to his management roles at IBM, Smith served as Running Director and Global Head of Insurance policies for Alix Partners Organization Improvement Practice. Before, Smith served as Main Tactic Officer, Chief Digital Officer, Chief Information and facts Officer, and Head of Distribution Transformation at Farmers Team, Inc., a wholly owned subsidiary of Zurich Insurance policies Group. At Zurich, Smith was Head of Functions and Engineering for the Americas, and a member of Zurich’s world wide functions Council.

OZ Electronic Consulting is a consulting and engineering alternatives leader focused on raising shopper engagement and operational excellence by leveraging Smart Automation, with a target on the residence and casualty insurance plan field. Celebrating 25 decades of escalating effectiveness and income for its consumers, OZ is a prolonged time Microsoft Gold Spouse.

Media Speak to

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

 

Resource OZ Electronic Consulting