Cedo Group Launches On-demand "c" Suite Expertise For Insurtech And P&c Carriers

Cedo creates the "uber" of expert knowledge based collaboration. "expert knowledge-on-demand as a service"
BIRMINGHAM, Ala. - May 15, 2019 - PRLog -- Cedo Group, LLC, a financial industry consulting firm based in Birmingham, AL, announced today its formal launch of a new concept in service delivery catering primarily to insurance companies. Cedo's technology platform provides clients a cost-effective means of pairing them with subject matter experts and paying only for the time needed to resolve their issue. Access to resources typically found at larger carriers now will be available to small-to-mid-sized insurers and start-ups, and larger companies will have an experienced knowledge source to help them expand into new profit centers, fill knowledge gaps and offer experienced second opinions.

"We took two opportunities: the financial industry's need for expert knowledge and the availability of short-term experienced talent, to solve a need," said Cedo's Managing General Partner, Louis Bode. "Gone are the days of signing expensive contracts with large consulting firms to gain access to a specialist. Cedo offers a cost-effective alternative to extended-term contracts by providing a conduit to subject matter experts on demand. We recruit talented industry managers and executives who are seasoned in their respected fields of expertise, creating a true win-win situation for all parties."

Services are driven by industry demand. A 2014, Ernst & Young survey report stated: "While the insurance industry is facing challenges, including increased global competition, complex technical environments and increased regulation, the talent gap remains the most critical issue facing the industry. As the current workforce shifts toward retirement, many companies risk losing vital institutional knowledge and long-established relationships" - EY 2014 Survey Report

Cedo already has had a positive impact by offering several small insurance entities access to expert knowledge that they did not possess in-house and for whom hiring full-time staff did not make economic sense  Among the services provided were assistance with data capturing, data analytics, system implementations and underwriting policy formation. Available to them were Cedo's team of experts, including former CIOs, CEOs, CUOs, COOs, Sr Enterprise Architects, Data Scientists and more.


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Tags:Insurtech, Consulting, Insurance, Technology, Services, Experts
Industry:Banking, Insurance, Technology
Location:Birmingham - Alabama - United States
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