Board discussions about AI often miss one thing: operational readiness.
Since publishing our AI Readiness report for Bermuda’s life reinsurance, one section keeps sparking the same conversation: what questions leadership should actually be asking right now.
Not about tools. Not about vendors. About whether the operational foundations exist to make any of it work.
Here are the five questions:
Can you see your data in real-time, or are you waiting for quarterly reports? If quarterly, you’re not AI-ready — regardless of what you’ve bought.
How many manual touchpoints exist between data ingestion and regulatory reporting? Most firms think they’re largely automated. Most firms discover they have 50+ manual steps when they actually map it.
Who owns operational transformation — IT, risk, operations, or CFO? If the answer is unclear, the transformation won’t work. Full stop.
What’s your month-end close cycle time, and why isn’t it faster? Top-quartile performers finish in under five days. Bottom quartile: 10+. That gap is workflow design, not tech budget.
How will you comply with AG55 attribution analysis requirements? First reports are due April 2026. If the answer is “we’ll figure it out,” you’re already behind.
The starting point was never which tools to buy. It was whether the operations could support them.
Read our AI Readiness in Bermuda Life Reinsurance report for the full analysis.
