In celebration of Equisoft’s 30 years of driving digital transformation in the insurance and investment industries, we hosted our exclusive annual customer event in Montreal this year--dubbed "Elevate 2024".
The event brought together clients from the US, Canada, ANZ, and the Caribbean as well as industry leaders for two days of insights, collaboration, and innovation. It was great to see so many familiar faces as well as welcome new clients to our beautiful city.
Across the two days, sessions sparked meaningful discussions where participants openly shared their biggest challenges and gained valuable insights from each other’s successful strategies. The conference embraced a spirit of inquiry and a commitment to transforming financial services, as participants shared best practices shaped by real-world experience.
Discussions from the sessions carried on into the evening over memorable dinners and cocktail events at the Port of Montreal Tower and Restaurant Jérôme Ferrer - Europea.
The two days were filled with interactive sessions from industry experts covering a wide range of critical digital transformation topics, including:
The LIMRA and Equisoft Data Readiness for AI Research #
LIMRA, Equisoft, and UCT unveiled new insights into the data readiness of life insurance companies for AI. The presentation introduced the AI Data Readiness Maturity Model, allowing attendees to assess how their data practices compare to industry standards. Discussions focused on the capabilities, strategies, and organizational structures essential for advancing to the next level of data maturity.
To learn more about the Data Readiness for AI research, watch our webinar here
Ensuring True Business Value from Digital Transformation #
Matthew Scott, Director at Altus Consulting, provided valuable guidance on evaluating transformation journeys. He highlighted key challenges companies face during modernization and shared practical, proven solutions to address them.
Best Practices for Cyber and Data Protection #
Benjamin Keller, AVP of Information Security & Compliance at Equisoft, led an engaging session on global data security threats, detailing how Equisoft leverages leading frameworks and international standards to strengthen its cyber defenses. The discussion spanned critical topics—from the risks of deepfakes to vulnerabilities in cloud infrastructure—with executives sharing best practices for safeguarding essential systems and ensuring data integrity. With the projected global cost of cybercrime reaching $9.5 trillion USD in 2024, it’s clear that cybersecurity remains a top priority for businesses around the world.
Tackling Financial Services Challenges Together
Elevate hosted so many high impact sessions, running in two concurrent tracks to address the interests of the carriers, distributors and banks in attendance. It’s impossible to do justice to them all here, but highlights included:
- Equisoft Product Strategy and Insurance and Investment Product Updates
- Customer success stories and implementation best practices
- Shaping the Development of Advanced Carrier Analytics
- How Should the Connections Between All Insurance Stakeholders Evolve?
- What Tech Developments Would Have the Biggest Impact on your Agents’ Experience?
- LIMRA and Equisoft Data Readiness for AI Research Release
The best result from the event was that execs had invaluable opportunities to share challenges and solutions with other, whether it was in those interactive workshop sessions, or over dinner high above Montreal's Old Port and St Lawrence River. At the close of the conference, clients left Montreal with new perspectives on their digital transformation plans and ready to capitalize on new possibilities.
To evaluate where you are in your transformation journey and learn about today’s data security landscape download the report below.
