The insurance industry is undergoing significant transformation. The competitive pressure and increasing market and customer demands in the industry, as well as new players and business models threatening the established core business, are driving consistent innovation. However, modernising and digitalising remain the top challenges for insurance companies. With all this in mind, which new trends and developments will shape the insurance landscape in 2023? Drawing on over three decades of experience, long-established insurance software solutions provider, Fadata, has identified five developments or trends in particular: 1. Modernising the IT landscape The modernisation of legacy systems is one of the central tasks…
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Infovista, the global leader in network lifecycle automation (NLA), today announced the appointment of David Tulis as Chief Revenue Officer (CRO). Reporting to Rick Hamilton, Deputy CEO, Tulis joins the leadership team with responsibility for Infovista’s customer-facing organization, including sales and operations, alliances and partnerships, and professional services. With more than 27 years in the telecom industry, Tulis brings a customer-first mindset and a wealth of knowledge and experience to Infovista. Most recently, he served as Vice President of Global Sales at Ciena – Blue Planet, where he demonstrated exceptional leadership in driving sales strategies and achieving consistent business growth.…
Mental health, as integral as physical well-being, often remains shrouded in misconception. Among its various facets, stress and anxiety are two prevalent concerns in contemporary society. By understanding their nuances and arming oneself with coping techniques, one can navigate the challenges they present more effectively. Understanding Stress and Anxiety: Stress: A response to a specific external trigger or situation, stress is the body’s way of reacting to a challenge or threat. It can be episodic, related to specific events, or chronic, continuing over extended periods. Anxiety: More than just a fleeting feeling of nervousness, anxiety is a sustained mental health…
The wild, tumultuous world of cryptocurrencies evokes an array of emotions in the financial community – from unbridled enthusiasm to profound scepticism. Yet, as the sun sets on one era and rises on another, it’s clear that digital currencies are casting long shadows on our fiscal landscape. If you’ve got an investor’s heartbeat and a futurist’s curiosity, here’s your primer on the evolving contours of the crypto realm. A Shift from the Tangible to the Intangible: Long gone are the days when wealth was equated with gleaming coins and paper notes. The digital age beckons a paradigm where assets are…
In the resplendent world of fine dining, wine pairing stands out as a sublime art form, a harmonious dance of flavours and aromas that can elevate a meal from delightful to divine. For beginners, navigating this terrain may seem a tad intimidating. Fear not, for once you grasp a few fundamental principles, the vast vineyards of wine pairing become a playground of delicious discovery. Here, we uncork the basics of this age-old art to set you on your path. 1. Match the Weight and Intensity: Think of wine and food as partners in a waltz. A delicate fish dish, for…
In an age where the virtual and the real seamlessly blend, the importance of digital marketing in shaping the trajectory of modern businesses cannot be overstated. As we dive deeper into 2023, companies, both established giants and spirited start-ups, recognise that a significant portion of their audience dwells online. Navigating the digital seas, therefore, is not just a choice, but an imperative. Here’s a comprehensive look at how digital marketing plays a pivotal role in contemporary business growth. 1. Reach and Accessibility: Digital platforms break down geographical boundaries. Whether it’s a local eatery aiming to attract nearby diners or a…
In 2023, the world of entrepreneurship is more vibrant than ever before. The spirit of innovation, coupled with the relentless drive of enterprising minds, continues to mould the future of business. If you’re nurturing a dream to embark on your own small business venture in today’s dynamic landscape, there are some fundamental principles you should be well-acquainted with. Let’s dive into the essentials of starting a small business in the UK this year. 1. Embrace the Digital Evolution: The future is digital, and there’s no escaping it. From your business operations to your marketing strategies, technology has seeped into every…
Stepping into the world of entrepreneurship can be as daunting as it is exciting. For budding businesspersons, the path to success is often carved by a robust and adaptable strategy. But where does one begin? As we navigate the business landscape of 2023, familiarising oneself with essential strategic concepts is paramount. This article sheds light on these foundational ideas, guiding new entrepreneurs towards informed decision-making. 1. Vision and Mission: Vision: Where do you see your business in the future? This is a long-term perspective of what you aspire to achieve. Mission: This defines your business’s core purpose. It’s a compass…
The dawn of the digital age has revolutionised our lives, facilitating instantaneous communication and unprecedented access to information. However, with these advancements comes the increased risk of cyberattacks. In 2023, as we become more connected, the importance of safeguarding our digital lives has never been more crucial. This article provides a primer on the basics of cybersecurity, offering steps to ensure your online presence remains secure. 1. Understand the Threats: Phishing: Cybercriminals trick individuals into providing sensitive information via deceptive emails or websites. Ransomware: Malicious software that blocks users from accessing their systems or personal files until a ransom is…
The allure of new horizons, cultures, and cuisines often clashes with the reality of our bank statements. But, fear not! In 2023, budget travelling has become not just feasible, but a thriving trend. This guide unveils the secrets to satisfying your wanderlust without loosening your purse strings excessively. Why Budget Travel? Authentic Experiences: Budget travel often immerses you deeper into local cultures. Sustainability: Economical travel options can be more eco-friendly, such as public transport or staying in family-run guesthouses. Extended Journeys: Saving money on one trip could fund your next adventure! Tips for Thrifty Globe-trotting: Plan Ahead: Research destinations that…