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Insurance Analytics

What do insurance & eBay have in common? Not enough

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Insurance Data Analytics – Despite many opportunities to capitalise on analytics, insurers lag behind other, more tech-savvy organisations. This however leaves a huge opportunity for insurers to learn from companies further down the road, but the difficulty lies in connecting with other industries to gain insight into their analytics capabilities. That is why Insurance Analytics Europe Conference (5-6 October, London) is uniting insurers with key players from e-commerce, mobile, and media to share experiences. Put simply, there is no other...
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Motor Insurance Pricing strategy using Advanced Analytics

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Today insurance companies are attempting to improve the bottom-line by containing cost which has very limited scope. While continuing driving the cost insurer must focus on innovative product pricing which is more market driven than the regulator. Some of the product segments are highly price sensitive, especially motor segment; profits are eroding and it has become practically unsustainable business if not for the size. However, with the ‘internet of everything’ and ‘social media’, insurance players can look at innovative pricing...
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