Descriptive Analytics, Insurance and Metrics

Seven Steps to Success for Predictive Analytics in Financial Services

Birst BI

OCTOBER 30, 2018

Today, the most common usage of business intelligence is for the production of descriptive analytics. . Descriptive Analytics: Valuable but limited insights into historical behavior. The vast majority of financial services companies use the data within their applications for what is called “ Descriptive Analytics.”

Predictive Analytics

Predictive Analytics Descriptive Analytics Analytics Metrics

Themes and Conferences per Pacoid, Episode 10

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. Then calculate the variance divided by the mean to construct a metric for noise in decision-making. For kicks, try calculating this kind of metric within your own organization.

Data-driven

Data-driven Data Science Machine Learning Modeling

Data Leaders Brief

Seven Steps to Success for Predictive Analytics in Financial Services

Themes and Conferences per Pacoid, Episode 10

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