Hub & Spoken: Data | Analytics | Chief Data Officer | CDO | Data Strategy
Engagement with data and AI at Lloyds with Cassandra Vukorep
Oct 17, 2024
Cassandra Vukorep, Chief Data Officer at Lloyds of London, brings a wealth of experience from wealth management and digital transformations. She highlights the pivotal role of data literacy in fostering a collaborative culture. The discussion dives into the unique challenges of the insurance landscape and the significance of grassroots engagement in data strategy. Cassandra emphasizes the need for standardized communication in specialty insurance and shares insights on promoting data-driven decision-making within a long-established institution.
41:16
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Quick takeaways
- Cassandra Vukorep emphasizes the importance of cultivating data literacy within Lloyd's to align operational practices with data governance and compliance.
- The podcast discusses Lloyd's collaborative approach to data engagement, fostering a community of practice that enhances participation and innovation across the organization.
Deep dives
Engaging with Data at Lloyds of London
The Chief Data Officer at Lloyd's of London emphasizes the company's role as a facilitator of data rather than a traditional insurance provider. Lloyd's operates by coordinating between various syndicates and brokers to underwrite complex risks, resulting in significant gross written premiums. This collaborative approach requires efficient data handling, where data ingestion and management play a critical role in ensuring compliance with diverse regulatory demands across multiple jurisdictions. The organization must navigate numerous definitions and standards to unify data usage among different stakeholders while maintaining operational efficacy.
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