Adopting new technologies can be an accelerator for profitable growth, but insurance CFOs face significant hurdles when it comes to making needed investments. (ALM Media archives)
Insurance company CFOs have long been responsible for organizing and analyzing the financial numbers and for managing organizational costs. But their role is rapidly expanding, with the insurance CFO increasingly becoming the "CFO plus." Accenture's research with CFOs found they are pushing beyond the borders of the finance function, proposing and shaping business models throughout the enterprise. And, in many cases, CFOs are leading the organization in deciding how to invest in digital.
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