Cloudera

FEBRUARY 18, 2021

We’ve written about the changes forced on the traditionally risk-averse insurance industry by COVID-19. In 2021, with the crisis hopefully fading, insurance will have time to evaluate the changes made in 2020, assessing what worked and what didn’t, and planning a new way forward rather than reacting in real time. .

Insurance 105

Insurance Digital Transformation Risk Data-driven 105

IBM Big Data Hub

JUNE 23, 2023

Although interest rates have increased at an unprecedented rate over the past year due to efforts by central banks to curb inflation, insurers are locked into low-yielding investments, and it will take several years for their investment yields to improve. Core modernization (processes and technology) is a top priority for every insurer.

Insurance 56

Insurance Cost-Benefit Digital Transformation Marketing 56

Decision Management Solutions

JUNE 19, 2019

There is a common high-level customer journey for insurance customers. Here at Decision Management Solutions we’ve helped insurance carriers in the US and Asia develop innovative approaches to developing and delivering NBO/NBA initiatives. By: Zoe Zhou. The customer researches providers and policy options.

Insurance 75

Insurance Consulting Predictive Analytics Interactive 75

Cloudera

APRIL 7, 2021

Insurance carriers have a unique opportunity: They have access to powerful technologies and a wealth of information that can help them to better understand their customers and provide an enhanced customer experience. . In a March 2021 poll by Celent , “improving customer experience” was identified as the top focus (63%) for insurers.

Insurance 59

Insurance Digital Transformation Internet of Things IoT 59

bridgei2i

JANUARY 18, 2021

Case study: Underwriting Process Automation for M&A Insurance. The client, a leading commercial insurer in North America, was looking to reduce the deal processing time of policies by automating the retrieval of specific information from various documents and boost conversions. Business Context. How BRIDGEi2i Delivered Value?

Insurance 52

Insurance Interactive Enterprise Strategy 52

bridgei2i

JANUARY 17, 2021

Case study: Emerging Risk Identification for Personal Lines Insurance. The client, a global insurance leader, wanted to identify emerging risks, associated drivers & trends by analyzing various external data sources including medical journals, legal opinion blogs, newsfeed & social media. Business Context.

Insurance 52

Insurance Risk Interactive Enterprise 52

CIO Business Intelligence

APRIL 12, 2022

For today’s consumers, shopping and interacting with businesses online has mostly become easier and more convenient than ever — but not when it comes to dealing with insurance companies. Nearly half of IT leaders who plan to invest in data analytics technology say their goal is improving customer insights and engagement.

Insurance 52

Insurance Testing Interactive Analytics Technologies 52

Cloudera

SEPTEMBER 22, 2022

Insurance carriers are always looking to improve operational efficiency. To me, this means that by applying more data, analytics, and machine learning to reduce manual efforts helps you work smarter. The next step leads to performing exploratory, descriptive analytics, “why is this happening,” and so on.

Analytics 102

Analytics Insurance IoT Risk 102

Decision Management Solutions

MAY 1, 2019

In February, we published a blog post on “Using Technology to Add Value in Insurance”. That post, referenced Matt Josefowticz’s article – Technology May be the Answer for Insurers, but What Was the Question? , in which he states that there are only three levers of value in insurance: 1. Sell More , 2. Cost Less to Operate.

Insurance 75

Insurance Technology Predictive Analytics Risk 75

Information Builders

MAY 12, 2015

Information Builders, a leader in business intelligence ( BI ) and analytics, information integrity, and integration solutions, announced during the Analytics for Insurance Conference and Expo in Toronto this week that its insurance solutions help facilitate claims, actuarial, financial, risk, marketing processes, and more for insurance providers across (..)

Insurance 53

Insurance Interactive Analytics Business Intelligence 53

Decision Management Solutions

APRIL 15, 2019

In February, we published a blog post on “Using Technology to Add Value in Insurance.” In that post, I referenced Matt Josefowticz’s recent article – Technology May be the Answer for Insurers, but What Was the Question? , in which he argues that there are only three levers of value in insurance: 1. Sell More.

Insurance 63

Insurance Technology Predictive Analytics Sales 63

bridgei2i

MAY 4, 2020

Episode 4: COVID-19 | Implications and Impact on Insurance Industry. COVID-19 | Implications and Impact on Insurance Industry. In this episode, Anirban Chaudhury talks about how insurers the world over are grappling with new and unprecedented challenges to balance high financial losses, increasing new premiums, and rising claims.

Insurance 95

Insurance Enterprise Sales Digital Transformation 95

CIO Business Intelligence

OCTOBER 18, 2023

Dutch insurance and asset management company Nationale-Nederlanden, part of the NN Group, has a presence in 19 countries and serves several million retail and corporate customers. Digitization vs tradition Although the insurance sector has a traditional image, that stopped being the case years ago, says Vaquero.

Digital Transformation 114

Digital Transformation Insurance Interactive Sales 114

Smart Data Collective

NOVEMBER 17, 2021

Data analytics is becoming a crucial element of many business strategies. They have found that data analytics is a valuable component of marketing campaigns , financial planning objectives, human resource guidelines and much more. However, other professions, such as musicians, are also relying more data analytics technology than ever.

Data Analytics 128

Data Analytics Analytics Advertising Data-driven 128

Cloudera

MAY 4, 2022

AI has the potential to transform operations by improving three fundamental business requirements: process automation, decision-making based on data insights, and customer interaction. Inventory systems make note of what is being replenished and, with the assistance of data analytics, predict when to order more and how frequently. .

Cost-Benefit 130

Cost-Benefit Internet of Things Insurance Data-driven 130

Alation

JULY 26, 2021

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. American Family Insurance, or AmFam, is a U.S.-based Promoting self-service analytics. It begins with recognizing a problem.

Insurance 98

Insurance Digital Transformation Enterprise Data Governance 98

Sisense

APRIL 15, 2021

Analytics is the future. But just as you’re getting a handle on your analytics program, you start hearing about “augmented analytics,” and now you’re worried you need to adopt that too to stay competitive in an evolving world. The good news is that augmented analytics will make your life a lot easier!

Analytics 98

Analytics Data Science Modeling Machine Learning 98

CIO Business Intelligence

MARCH 27, 2023

We will see a focus on making customer interactions easier to understand, resulting in less repetition of information and disconnects to create better bot experiences. Integration with cognitive intelligence (context-sensitive knowledge management, predictive analytics, and similar) will be key for doing so.

Interactive 111

Interactive Cost-Benefit Insurance Predictive Analytics 111

Alation

MARCH 31, 2023

I’m talking about not just Walt Disney World, but also this year’s Gartner Data & Analytics Summit , which took place last month in Orlando at the landmark resort. Indeed, one of Alation’s most vital capabilities, query-log ingestion, learns from how people interact with data to automate future data suggestions and guidance for newcomers.

Data Analytics 52

Data Analytics Analytics Metadata Data Governance 52

AWS Big Data

JUNE 26, 2023

These sources are often related but use different naming conventions, which will prolong cleansing, slowing down the data processing and analytics cycle. Overview of solution In this post, we go through the various steps to apply ML-based fuzzy matching to harmonize customer data across two different datasets for auto and property insurance.

Insurance 80

Insurance Visualization Data Lake Metrics 80

IBM Big Data Hub

FEBRUARY 23, 2024

The emergence of NLG has dramatically improved the quality of automated customer service tools, making interactions more pleasant for users, and reducing reliance on human agents for routine inquiries. These technologies enable systems to interact, learn from interactions, adapt and become more efficient. billion by 2030.

Enterprise 95

Enterprise Interactive Data-driven Key Performance Indicator 95

AWS Big Data

MARCH 7, 2023

This post provides guidance on how to build scalable analytical solutions for gaming industry use cases using Amazon Redshift Serverless. The following diagram is a conceptual analytics data hub reference architecture. This reference architecture partly combines a data hub and data lake to enable comprehensive analytics services.

Analytics 71

Analytics Data Warehouse Data Lake Metadata 71

Smarten

FEBRUARY 15, 2024

Mobile Access to Tally ERP and Tally Prime with Built-In Analytics is Key to User Satisfaction! with 550 employees, Reliance Nippon Life Insurance with more than 11,500 employees, and many other businesses. If your team is using Tally ERP or Tally Prime, you know the value of this solution and of its modules.

Finance 52

Finance Sales Insurance Reporting 52

CIO Business Intelligence

JUNE 13, 2022

Today, most banks, insurance companies, and other kinds of financial services firms have deployed natural language processing (NLP) tools to address some of their customer service needs. Juniper Research predicts that chatbots will account for 79% of successful mobile banking interactions in 2023. How is conversational AI different?

Data Processing 87

Data Processing Deep Learning Insurance Cost-Benefit 87

CIO Business Intelligence

JUNE 7, 2022

Those numbers represent the projected growth of chatbot interactions among banking customers between 2019 to 2023 and the cost savings from 862 hours less of work by support personnel, according to research by Juniper Research. billion in cost savings for the insurance industry as well during the same period. . IT Leadership

Unstructured Data 86

Unstructured Data Deep Learning Insurance Interactive 86

Smart Data Collective

MAY 20, 2021

It is important to be aware of the different online data analytics metrics and tools used to track people online, since they shape the direction of big data technology. Cookies were designed as a storage of information; by themselves, they represent no harm and can’t interact with the user’s computer. Why can cookies be dangerous?

Advertising 85

Advertising Analytics Big Data Insurance 85

IBM Big Data Hub

OCTOBER 2, 2023

Ovum Health’s platform provides medical software, clinical decision support, advanced lab testing and analytics to deliver a personalized approach to a healthy pregnancy. The solution also features a scheduling component that allows patients to schedule medical appointments in available states.

Insurance 87

Insurance ROI Interactive Testing 87

Cloudera

JULY 21, 2021

OVO stood out to last year’s judges as the project continually delivers benefits to Indonesia’s 270-million strong population, many of whom do not have access to modern financial services such as investment, lending and insurance. And where over 95% of the population find themselves without private insurance.

Insurance 94

Insurance Data-driven Machine Learning Marketing 94

Andrew White

OCTOBER 18, 2022

Below is a summary of my 1-1s and interactions in and around the event. It turns out that for day 1, the topic for me was pretty much “data (and analytic) governance”. Topic s (1-1s and other interactions): D&A Governance and/or MDM 5. D&A Governance specific to analytics (downstream) pipeline 3. Insurance 1.

IT 52

IT Insurance Manufacturing Interactive 52

Cloudera

JULY 15, 2021

For financial institutions and insurers, risk and exposure management has always been a fundamental tenet of the business. Attendees included senior risk managers and analytics experts from financial institutions and insurance companies. Now, risk management has become exponentially complicated in multiple dimensions. .

Risk 100

Risk Optimization Management Insurance 100

bridgei2i

MAY 20, 2020

Tourism and Hospitality are also largely affected, but in FS, insurance, and CPG, the impact is moderate. And since they involve making better decisions using data-driven insights, AI & Analytics led applications are leading the way forward. So how does this data and analytics enable these models? Subscribe Now.

Enterprise 98

Enterprise B2B Digital Transformation Insurance 98

Smart Data Collective

NOVEMBER 3, 2021

We have talked extensively about the role of AI in investment management and insurance. 2020 became the year when a lot of customers first experienced their remote interaction with banks and enjoyed it. All that is tightly connected with omnichannel interaction , where customers’ preferences are prioritized.

Software 121

Software Data-driven Interactive Insurance 121

CIO Business Intelligence

OCTOBER 13, 2022

From the dashboard they can see employees and visitors’ proximity, the location of the interactions, and the time of the interaction – with risk levels registered as low, medium, or high – and take appropriate action. . Eurovision Safeguards a Spectacular Experience with Flockey.

Risk 88

Risk Broadcasting Recreation/Entertainment Measurement 88

Andrew White

OCTOBER 20, 2022

Here also is the summary of my 1-1s and interactions over the last three days: Topic. Data & Analytics Strategy 9. D&A Governance specific to analytics pipeline 7. Analytics/BI/Data Science 6. Tax & Audit; Insurance; Fin Serve 4. Snr/Dir Enterprise Analytics/Data Science 4. D&A Trends 1.

IT 52

IT Insurance Manufacturing Data-driven 52

Occam's Razor

MARCH 30, 2017

It’s implications are far and wide, even in the narrow scope that I live in (marketing, analytics, influence). Machine Learning | Analytics. Machine Learning | Analytics. More and more humans are going to be transitioned out of the business of analytics. Here are the elements I’ll cover: + AI | Now | Local Maxima. +

Marketing Analytics 166

Marketing Analytics Marketing Analytics Deep Learning 166

Juice Analytics

JUNE 2, 2022

It also wants to convince existing customers that they made the right decision in choosing State Farm for their insurance. They have designed a Juicebox report that provides an interactive exploration of weekly and historical results. Some people want the ability to interactively dig into the details. What are their priorities?

Broadcasting 129

Broadcasting Visualization Reporting Metrics 129

bridgei2i

JUNE 2, 2020

I collaborate with multiple stakeholders across many global companies enabling high impact business transformation strategies, and guiding them in their analytics journey. One, more customer facing – So customer needs to see a seamless digital experience across his/her journey and interaction with the bank. Ashwini Agrawal: Sure.

Risk Management 128

Risk Management Risk Enterprise Management 128