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Combating Fraud in Insurance with Data

Cloudera

The insurance industry has a long and intimate relationship with fraud in many different ways. Insurance fraud can take place at a process or business function level, most notably in claims or underwriting. The different venues to commit fraud against an insurer are mind-boggling, with serious financial consequences.

Insurance 100
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Commercial Lines Insurance- the End of the Line for All Data

Cloudera

I’ve had the pleasure to participate in a few Commercial Lines insurance industry events recently and as a prior Commercial Lines insurer myself, I am thrilled with the progress the industry is making using data and analytics. Commercial Lines truly is an “uber industry” with respect to data. A Long, Long Time Ago.

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7 famous analytics and AI disasters

CIO Business Intelligence

Organizations across every industry have been and continue to invest heavily in data and analytics. But like oil, data and analytics have their dark side. Here are a handful of high-profile analytics and AI blunders from the past decade to illustrate what can go wrong. Target analytics violated privacy.

Analytics 145
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Back to the Financial Regulatory Future

Cloudera

While there are clear reasons SVB collapsed, which can be reviewed here , my purpose in this post isn’t to rehash the past but to present some of the regulatory and compliance challenges financial (and to some degree insurance) institutions face and how data plays a role in mitigating and managing risk. Well, sort of.

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Building a culture of data-driven decisions and insights with IBM Business Analytics

IBM Big Data Hub

Most recently we held an event at the IBM Data and AI Forum in Germany ( available on demand here ) where we shared the latest news in our business analytics portfolio. With IBM Business Analytics Enterprise, users discover and access analytics and planning tools in a streamlined experience. IBM Planning Analytics Engine.

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Improve healthcare services through patient 360: A zero-ETL approach to enable near real-time data analytics

AWS Big Data

Achieving this will also improve general public health through better and more timely interventions, identify health risks through predictive analytics, and accelerate the research and development process. This will be your online transaction processing (OLTP) data store for transactional data.

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Why I Joined Alation: A Former Customer’s Story

Alation

How do you initiate change within a system containing many thousands of people and millions of bytes of data? During my time as a data specialist at American Family Insurance, it became clear that we had to move away from the way things had been done in the past. About American Family Insurance. billion in 2020.