Mitch Wein
Head of Financial Services Executive Partner Service, Aite-Novarica Group and Contributor at Freelance
Datos Insights: Executive Principal
Articles
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1 week ago |
datos-insights.com | Mitch Wein
The insurance industry is facing an unprecedented wave of cyberattacks, with recent incidents at Erie Insurance and Philadelphia Insurance Companies (PHLY) serving as stark reminders of the critical vulnerabilities that exist within the sector. These attacks, attributed to the notorious Scattered Spider ransomware group, have left thousands of customers without access to essential services and demonstrate why comprehensive security architecture is no longer optional—it’s a business imperative.
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1 month ago |
datos-insights.com | Mitch Wein
The insurance industry is undergoing significant transformation, including in how life, annuity, and benefits (L/A/B) insurers manage claims processes. With over half of insurers still anchored to legacy platforms, the gap between customer expectations and operational capabilities continues to widen. This disconnect creates significant challenges in efficiency, accuracy and customer experience—leaving unprepared insurers at a competitive disadvantage.
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Mar 18, 2025 |
datos-insights.com | Rachel Kelley |Mitch Wein |Caitlin Simmons
Cash may be declining in some markets, but handling physical currency remains a critical function for banks worldwide. Financial institutions are deploying increasingly advanced technology to manage deposits. Here are five revealing insights into how cash deposits are handled across different global markets. Brazil has transformed its approach to cash deposits. Recycling machines now account for 97% of all automated deposit terminals in the country.
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Mar 14, 2025 |
datos-insights.com | Caitlin Simmons |Mitch Wein
The property and casualty (P&C) insurance industry is undergoing a significant technological transformation. The Datos Insights report, Competitive Capabilities for Property and Casualty Insurers 2025, provides valuable insights into how P&C insurers are leveraging technology to gain competitive advantages across various functional areas.
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Mar 12, 2025 |
datos-insights.com | Mitch Wein |Robin LoGiudice
The specialty insurance market continues its rapid evolution as insurers adapt to changing regulations, emerging risks, and technological advances. Despite pockets of hard markets in areas like coastal property and cyber insurance, rates in many lines of business continue to moderate, putting pressure on insurers to find efficiencies. Specialty insurers are operating in a market with increasing underwriting capacity and moderating rate increases for many lines.
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At 1PM ET Thursday, November 10th, my Q&A series for #financialservices and #bank #ITleaders continues with a discussion on #openbanking, #ITtalent, #DLT, and #multicloud #technologyarchitecture for #financialinstitutions. Register here: https://t.co/TOOOIZd8Ge https://t.co/MohZRhodq7
Learn the #financialservices #digitaltransformation change management challenges and successes #financialinstitution #CIOs/#CTOs shared during @AiteNovarica recent FS CIO/CTO Research Council meeting. Read my blog: https://t.co/wOFoKI0hyA https://t.co/jyk4AgTp4Q
My #CIO/#CTO Checklist: #Blockchain and #DLT is live on the @AiteNovarica website. Interested in learning more about preparing #financialinstitutions for digital assets? Join my virtual Q&A session on 10/25 at 1PM ET to get your questions answered: https://t.co/H0r7Gij4iP https://t.co/SdRmY6KNVo