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Toward a Data-Driven Insurer - Understanding How to Formulate a Data Strategy
By Samuel Lim Jun 27, 2019 English
“Artificial Intelligence”, “Big Data”, “Data Science” - buzz words such as these have been mentioned numerous times since the early 2000s. Many companies have since transitioned to a more data-driven culture; however, insurers have been more passive about...
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Insurance Should Embrace Technology to Empower the Customer
By Robin Merttens, InsTech (guest contributor) Apr 02, 2019 English Deutsch
It’s natural for any new technology to be met with skepticism, perhaps even distrust. It’s seen as a threat, something to hold at bay lest it undermine a model that has worked historically. Over the last decade, society has become increasingly digital...
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Predictive Modeling Capability - No Longer an Analytics “Gold Standard”
By Upendra Belhe Feb 20, 2019 English
As a company leader, you no doubt value predictive models as an important asset or aspiration for your company. Many insurers have developed predictive models already, perhaps for underwriting, pricing and/or claims. They know it’s a competitive advantage...
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Claim Insights through Text Mining – A Cost Effective Approach
By Upendra Belhe Dec 05, 2018 English
In today’s challenging economy, insurance CEOs and managers face the difficult task of controlling costs and allocating resources and capital effectively, all in the face of disruption and competition. Data-driven insights are a competitive force, and...
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