Farm Bureau Financial Services will receive an Impact Award from the Novarica Insurance Technology Research Council, a peer community of hundreds of insurance industry CIOs. Fifty CIO council members reviewed dozens of case studies to select the winners for the 8th annual awards.
Farm Bureau Financial Services established a standalone intern team overseen by IT staff with leadership potential to develop the IT talent pipeline and existing team members. The program has boosted the company’s campus reputation and resulted in a mobile app projected to save $200,000 annually.
“Farm Bureau’s program is a great example of how insurers can attract the next generation of outstanding talent and leverage their skills to solve real-world problems,” says Matthew Josefowicz, President/CEO of Novarica and moderator of the Council.
“We are very pleased with the results of our BOLT (Building Opportunities through Leadership and Technology) internship program. It has provided participating students with real-world experience, self-management, and ability to produce valuable outcomes for our organization in just a couple of months,” says Casey Decker, Chief Information Officer at Farm Bureau Financial Services.
This Farm Bureau Financial Services case study, along with case studies of seven other winners, and more than 25 additional cases considered for Impact Awards, was published this week in Novarica’s 8th Annual Best Practices Case Study Compendium, online at https://novarica.com/compendium2019/. Novarica has published more than 200 case studies through this program since 2012.
About the Novarica Impact Awards
The Novarica Research Council Impact Awards are the largest purely peer-juried awards in insurance technology. Council members vote annually to recognize the efforts of their peers to use technology to drive business value in digital, data/analytics, core systems, and IT operations. No vendors, consultants, journalists, or members of the Novarica team participate in the selection committee, making the Novarica Impact Awards distinctive in being a purely peer-juried award.
The Novarica Insurance Technology Research Council is a free, moderated, knowledge-sharing community of more than 300 insurer CIOs and senior executives. In addition to recognizing successful initiatives through the Impact Awards, members participate in anonymized studies and private, vendor-free events. More information at https://novarica.com/council/
The Council is managed by Novarica, a research and advisory firm that helps more than 100 insurers make better decisions about technology projects and strategy through published research, advisory services, and consulting on IT strategy, benchmarking, project assurance, capability and organizational assessments, and vendor selection. https://novarica.com/