Descriptive Analytics Forecasting Insurance Predictive Analytics 
CIO Business Intelligence
JUNE 7, 2022
What are the four types of data analytics? More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. In business analytics, this is the purview of business intelligence (BI).
Domino Data Lab
JUNE 2, 2019
To do this, first review quantitative decisions being made by staff – for example, settlement prices quoted by insurance claims adjusters. More near-term, Kahneman suggested the use of pre-mortems – also called backcasting, as a contrapositive of forecasting. Measure how these decisions vary across your population.
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