How to use big data analytics to streamline operations? – Big Data Analytics in Insurance
/
Big Data Analytics in Insurance – 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... Read More
Tagged :
Insurance Analytics, ebay, Insurance Analytics Europe, Big Data and Analytics Insurance, Insurance Analytics Europe 2015, New Applied Insurance Analytics, Analytics in Insurance, Insurance Big Data, Data Analytics in the Insurance Industry, Data Analytics in Insurance, Insurance Data Analytics Services, Big Data in Insurance
Motor Insurance Pricing Strategy using Advanced Analytics
/
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... Read More
