Imagine a finance function in Belgium’s insurance sector that goes beyond traditional roles to become a proactive strategic partner, guiding critical business decisions and unlocking new growth opportunities. This is not just an ambition — it is an achievable reality as the finance function evolves at a rapid pace.
PwC’s Global Insurance Finance Reinvented report shows that insurance finance teams are embracing transformation by harnessing advanced technologies, including AI, to automate routine tasks and amplify their analytical insights. This evolution empowers finance to step up from being mere performance enablers to becoming trusted advisors, business strategists and innovation drivers.
However, this transformation goes deeper than technology. It requires finance leaders to cultivate a culture of openness, challenge existing norms and collaborate closely with business units to create meaningful impact. Key priorities include automating finance data processes, strengthening data governance and bridging skills gaps — all while ensuring the ethical and responsible use of the new tools.
Belgian insurance finance leaders are tasked with developing agile roadmaps that deliver value incrementally, focusing on how AI and data-driven insights can support strategic goals. By building trust in data and promoting a forward-thinking mindset, finance functions can unlock greater agility and business value.
The opportunity is clear: by reinventing insurance finance, Belgian CFOs can transform their finance teams from support functions into strategic growth enablers, driving innovation and delivering far more value with greater efficiency.
Find the Global Insurance Finance Reinvented report below and reach out to the PwC contacts for insights into the Belgian market.