Predictive Analytics for Insurance Company
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The application of Predictive Analytics for Insurance Company is for the core insurance functions of marketing, underwriting and claims can provide meaningful benefits to insurers. The greater availability of data, technological advances, and pressure to maintain competitive advantage has seen insurers leverage predictive analytics to make informed decisions. Marketing Analytics: Increasing Hit and Retention Ratio Predictive Analytics for Insurance Company can be used to market insurance products and services more efficiently. Let’s examine this from the context of a hit... Read More
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Analytics in Insurance Industry – Out-of-box Solution
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Insurance Analytics (IA+) is out-of-box “Management Reporting Solution” which covers complete spectrum of Analytics in Insurance business such as Sales & Distribution Analytics, Marketing, Claims Analytics, Operation, Underwriting Analytics, Finance and Actuarial. The data analytics in insurance Industry offers vast repository of KPI’s and metrics for various roles and responsibilities – running into several hundreds. The Insurance Data Analytics solution come with pre-built dashboard and management reports for all department heads. This Insurance Data Analytics is a role-based analytics application is designed to... Read More
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