How Taking an Executive Insurance Telematic Program Can Enhance Your Career
August 20, 2021
Executive leaders take on an important role in guiding the development of a business and encouraging personal growth in their employees. These positions require high-level skills, allowing professionals to make a stronger impact in their industry.
Through executive education, you can enhance your skill set and develop a more nuanced perspective on key concepts and emerging technologies in your field. This also applies to professionals interested in exploring new developments in the insurance industry. With the help of Webster Vienna Private University’s passionate staff and immersive learning environment, you can learn about insurance telematics—applying your expertise to drive real change in your organization.
In this way, your studies will support your digital transformation, equipping you with valuable insights to help you better achieve your professional goals.
The Growing Importance of Telematics in the Insurance Industry
Many industries are utilizing new technologies to adapt to today’s digitally-demanding business landscape. Machine learning, blockchain, and even the Internet of Things (IoT) are technologies that can revolutionize insurance. As with FinTech, more technology is being integrated into the insurance sector, creating a rise in the development of new “InsurTech” companies.
Mobile telematics is a type of monitoring technology that relies on GPS and on-board diagnostics to provide companies with valuable data on their assets (like cars or equipment). Insurance companies can use this technology to learn more about their clients, allowing them to personalize services and improve customer experiences. This promotes usage-based insurance, making it more accessible due to the popularity of smartphones.
By studying insurance telematics, you can help position your organization at the forefront of innovation—using your new expertise to reach your business goals.
Key Concepts and Knowledge Explored in the Insurance Telematic Program
Studying telematics allows you to upskill and gain a competitive advantage. Our insurance telematic program will introduce you to new technologies and methods that can be used to help you reach potential customers, build trust, evaluate needs, and reduce risks.
In a series of four modules, you’ll explore the possible uses of telematics in the automotive, home, and health sectors while studying smartphones as sensors and other IoT devices. You’ll also take a deeper look at data science and marketing automation, focusing on data generation and modeling as well as segments and customer journeys. Your training will conclude with insights on business models and cases, analyzing innovation management and product design among other concepts.
This exploration of key concepts across a wide range of subjects equips you with practical skills and a unique perspective on insurance. You can use this knowledge to advance your career and push for innovation and efficiency.
Practical Insights for Today’s Executive Leaders
Professionals wanting to explore executive education in Austria can benefit from Webster’s approach, which prioritizes collaboration and growth in order to introduce emerging concepts and cross-industry insights. This allows you to stay up to date with current events and latest technologies in the industry, receiving leadership coaching and support even after completing your studies.
Professionals in the insurance industry can learn from experienced faculty and colleagues, evolving their careers to pursue executive leadership positions in their organization. As you continue expanding your knowledge and skill set in this field, you can become capable of adapting to and thriving in today’s evolving insurance industry.
Do you want to advance your career through a study in Vienna opportunity? Contact Webster Vienna Private University for more information.