Case Study

Data and technology strategy for a leading insurance and technology group

Strategy | Insurers & Tech | London

The Background

  • The Executive Committee of a UK insurance and technology group had recently reviewed and updated its business strategy and objectives
  • NextWave was engaged by the Group CIO to assist him to develop and document the data and technology strategy to support the delivery of the business strategy

The Challenge

  • Senior leaders in the organisation were unclear how data and technology would enable them to achieve the business objectives that they had recently agreed
  • The organisation was looking for ways to accelerate the speed of its digital transformation

The Approach

  • Daily meetings with the CIO to discuss different aspects of the strategy and develop ideas
  • Interviews with ExCo members to confirm their priorities
  • Workshops with senior leaders within the CIO function to develop specific areas within the strategy
  • A detailed strategy document including business objectives, capabilities, target state, gap analysis and a roadmap
  • An executive pack for the Board
  • A one page overview of the strategy for internal communication



The Impact

  • Around 8 weeks to document the data and technology strategy for the group at a detailed level
  • Progress in the readiness of organisation to deliver the strategy and an increased awareness and acceptance of the changes required
  • Very positive feedback from the CIO on the work performed


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