article thumbnail

Re-thinking The Insurance Industry In Real-Time To Cope With Pandemic-scale Disruption

Cloudera

The Insurance industry is in uncharted waters and COVID-19 has taken us where no algorithm has gone before. Today’s models, norms, and averages are being re-written on the fly, with insurers forced to cope with the inevitable conflict between old standards and the new normal. . Insurers are thinking on their feet.

article thumbnail

Data Science, Past & Future

Domino Data Lab

You know, companies like telecom and insurance, they don’t really need machine learning.” If you were out five years ago talking in industry about the importance of graphs and graph algorithms and representation of graph data, because most business data ultimately is some form of graph. It’s not going to happen.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Fact-based Decision-making

Peter James Thomas

Is New Business Growth something that is even worth tracking; what will we do as a result of understanding this? The above is a somewhat simple metric, in a section of Using historical data to justify BI investments – Part I , I cover some actual Insurance industry metrics that build on each other and are a little more convoluted.

Metrics 49
article thumbnail

Why Construction Businesses Should Track KPIs to Conquer Economic Uncertainty

Jet Global

Due to the Infrastructure Investment and Jobs Act of 2022 in the United States, nonresidential construction is expected to continue expanding despite expected uncertainty in 2023. Safety incidents lead to mounting costs, including increased insurance payments and settlements. Globally, construction is projected to grow substantially.