Analytics Vidhya

APRIL 21, 2023

PolicyGPT is a service created to make health insurance more affordable. A Glimpse into the Future of […] The post PolicyGPT Can Clear All Your Insurance Queries appeared first on Analytics Vidhya.

Insurance 273

Insurance Technology Analytics Machine Learning 273

Analytics Vidhya

JUNE 20, 2023

Industries spanning telecommunications, insurance, banking, utilities, and government agencies are poised to embrace AI-powered solutions in the coming years.

Software 299

Software Insurance Technology Analytics 299

Analytics Vidhya

JANUARY 17, 2023

Introduction Data analytics is a field filled with promise. Corporations across all industries have invested significantly in big data, establishing analytics departments, particularly in telecommunications, insurance, advertising, financial services, healthcare, and technology.

Advertising 274

Advertising Insurance Big Data Data Analytics 274

bridgei2i

SEPTEMBER 15, 2020

Everest Group, a leading research and consulting firm, has named BRIDGEi2i, a trusted partner that enables AI for Digital Enterprises, as a Major Contender in the Insurance Analytics and Insights (A&I) PEAK Matrix® 2020. BRIDGEi2i Analytics Solutions Contact. ” Please read the full PR here. About BRIDGE i2i.

Insurance 52

Insurance Contextual Data Consulting Analytics 52

Analytics Vidhya

DECEMBER 20, 2021

It might be in hundreds for a local grocery store, and it may be in millions for a national bank or an insurance company. The post What is Customer Analytics and Why is it important? appeared first on Analytics Vidhya. The number of customers widely vary. Companies like Google and […].

Customer Analytics 337

Customer Analytics Analytics IT Insurance 337

Analytics Vidhya

SEPTEMBER 16, 2021

Objective Understand what is Cross-sell using Vehicle insurance data. The post Cross-Sell Prediction Using Machine Learning in Python appeared first on Analytics Vidhya. Learn how to build a model for cross-sell prediction. this article, We will walk through a beginner […].

Machine Learning 365

Machine Learning Insurance Data Science Modeling 365

Smarten

DECEMBER 24, 2019

This Client is one of the fastest growing life insurance companies in India and offers a diverse range of wealth management, protection and retirement solutions. Download the Case Study.

Insurance 52

Insurance Analytics Data Warehouse Management 52

Corinium

MARCH 9, 2020

The rise of data and analytics in the insurance industry means the underwriting profession is changing fast. Not everyone is thrilled about the rise of AI in the insurance industry.

Insurance 243

Insurance Analytics 243

Corinium

JULY 10, 2020

After a slow start, the insurance industry is embracing digital transformation – and this digital event highlighted how the sector’s data and analytics executives are leading the charge.

Digital Transformation 221

Digital Transformation Insurance Analytics Strategy 221

Analytics Vidhya

MARCH 29, 2022

Insurance companies are profitable when the claims that they issue are lesser than the premiums they receive. The post Solve a Real-world Problem Using Classical Machine Learning appeared first on Analytics Vidhya. Introduction Any company in existence today thrives to make a profit. If there is a method […].

Machine Learning 250

Machine Learning Insurance Data Science Publishing 250

DataKitchen

OCTOBER 20, 2023

In today’s data-driven landscape, Data and Analytics Teams i ncreasingly face a unique set of challenges presented by Demanding Data Consumers who require a personalized level of Data Observability. Additionally, real-time alerts offer an extra layer of assurance by notifying consumers about critical events in their data journey.

Insurance 176

Insurance Metadata Data-driven Data Quality 176

Smart Data Collective

APRIL 15, 2024

More insurers are using data analytics to streamline the process for worker's compensation claimants.

Data-driven 89

Data-driven Insurance Management Data Analytics 89

CIO Business Intelligence

FEBRUARY 6, 2023

The insurance industry is undergoing a sea change, with IT playing a crucial role in rolling out digital customer experiences for policyholders and agents, as in-person meetings all but vanish in the post-pandemic era. IT as industry differentiator Insurers and financial services firms like MassMutual, of Springfield, Mass.,

Insurance 132

Insurance IT Digital Transformation Machine Learning 132

CIO Business Intelligence

MARCH 4, 2024

In this way, data may just be the ultimate disruptor – a fact that the insurance industry knows all too well. As data volumes continue to increase alongside a correlating number of business requests, modern insurance data leaders face a nuanced set of challenges. To learn more, visit us here.

Insurance 98

Insurance Strategy Data Governance Data Integration 98

Corinium

JUNE 6, 2019

Will you please describe your role at Fractal Analytics? I am the Chief Practice Officer for Insurance, Healthcare, and Hi-Tech verticals at Fractal. Are you seeing currently any specific issues in the Insurance industry that should concern Chief Data & Analytics Officers?

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

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

NOVEMBER 13, 2018

80% of data and analytics leaders with global life insurance and property & casualty carriers surveyed by McKinsey reported that their analytics investments are not delivering high impact. 38% of those surveyed cited a failure to integrate analytics into workflows and frontline systems.

Insurance 40

Insurance Analytics Modeling Visualization 40

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 128

Digital Transformation Insurance Interactive Sales 128

Corinium

JUNE 5, 2020

In episode 14 we talk to Eugene Wessels about how data analytics is at the foundation over King Price Insurance's operating model.

Insurance 195

Insurance Modeling Data Analytics Analytics 195

Smart Data Collective

JUNE 3, 2021

The insurance industry is among those that has found new opportunities to take advantage of machine learning technology. Life insurance companies in particular are discovering the wondrous opportunities that AI provides, since this sector faces some unique challenges relative to other insurance offerings.

Insurance 98

Insurance Machine Learning Cost-Benefit Risk 98

CIO Business Intelligence

JULY 31, 2023

Natural disasters have been increasing in frequency, severity, and diversity in recent years, pressuring insurers to be more efficient and to anticipate event and claim fallout. Second, RDA addresses post-NatCat planning to help insurers’ prioritize property inspections. trillion.

Insurance 98

Insurance Strategy Modeling Data-driven 98

CIO Business Intelligence

NOVEMBER 16, 2023

In a career spanning such companies as IBM, KeyCorp, M&T Bank, and BMO, she has “answered the call” many times, most recently as CIO of The Hartford, where she is responsible for the overall strategy, vision, and execution of business technology, cyber, data analytics, and data science. Can you expand on that?

Insurance 128

Insurance Enterprise Risk Digital Transformation 128

Smart Data Collective

NOVEMBER 8, 2021

Data analytics has become a very important aspect of any modern business’s operating strategy. The financial analytics market is projected to be worth $114 billion within the next two years. Data Analytics is Essential for Companies Trying to Build Cash Reserves for Future Problems. Get the Right Insurance in Place.

Data Analytics 123

Data Analytics Insurance Analytics Cost-Benefit 123

Corinium

APRIL 1, 2019

Corinium is pleased to announce the launch of The Top 20 Influencers in GeoInsurance | Americas Effective use of Geospatial Data and Technology within the Insurance and Reinsurance Industry allows for comprehensive insight and competitive pricing. Corinium’s Top 20 Influencers in GeoInsurance 2019 - Americas.

Insurance 150

Insurance Technology Analytics 150

Smart Data Collective

DECEMBER 21, 2020

We previously talked about the benefits of data analytics in the insurance industry. billion from the insurance industry. However, major advances in AI have arguably affected the insurance industry even more. The insurance industry is evolving with new changes in AI. AI speeds up the gathering of insights.

Insurance 134

Insurance Cost-Benefit Big Data Unstructured Data 134

IBM Big Data Hub

MAY 8, 2023

In my previous post , I described the different capabilities of both discriminative and generative AI, and sketched a world of opportunities where AI changes the way that insurers and insured would interact. As AI technologies continues to mature and use cases expand, insurers should not shy from the technology.

Insurance 74

Insurance Risk Testing Data Quality 74

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 78

Insurance Visualization Data Lake Metrics 78

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 95

Analytics Insurance IoT Risk 95

Cloudera

OCTOBER 28, 2021

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. Another historic example is crop and livestock insurance in Germany in the 1700s.

Insurance 94

Insurance Risk Unstructured Data Data-driven 94

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

CIO Business Intelligence

AUGUST 19, 2022

The traditional in-person process of insurance agents meeting with prospective customers to discuss policies, sign paperwork, and load it into the company’s client/server system came to a complete halt. Because we are an insurance company, what we are is a promise on a piece of paper,” says then-CIO Richard Gilbert. “We

Insurance 98

Insurance Digital Transformation Data Processing Machine Learning 98

CIO Business Intelligence

MARCH 18, 2024

Every business in some form or another is looking to adopt and integrate emerging technologies—whether that’s artificial intelligence, hybrid cloud architectures, or advanced data analytics—to help achieve a competitive edge and reach key operational goals.

Risk Management 120

Risk Management Insurance Risk Testing 120

Smart Data Collective

OCTOBER 3, 2023

One study found that 56% of hospitals do not have any data analytics or governance strategies. In reports, these codes are used to streamline processes like billing and processing health insurance claims. However, many healthcare providers lack the technology or knowledge to use data prudently.

Data Strategy 117

Data Strategy Strategy Insurance Data-driven 117

CIO Business Intelligence

NOVEMBER 8, 2023

The Fortune 500 company, born an insurer in Des Moines, Iowa, roughly a decade after the Civil War ended, is under pressure to provide customers with an integrated experience, particularly due to its expanded financial services portfolio, including the acquisition of Wells Fargo’s Institutional Retirement and Trust (IRT) business, Kay says.

IT 124

IT Insurance Machine Learning Cost-Benefit 124

Corinium

APRIL 23, 2019

Ahead of the third Chief Data & Analytics Officer (CDAO) Singapore conference, we caught up with Melecio Valerio Jr, Head, Data Strategy and Governance at FWD Life Insurance to discuss the key strategies for managing massive volumes of data, the cornerstones for building a data driven enterprise as well as how to best roll out an enterprise-wide (..)

Enterprise 150

Enterprise Management Insurance Data-driven 150

IBM Big Data Hub

OCTOBER 30, 2023

IBM, a pioneer in data analytics and AI, offers watsonx.data, among other technologies, that makes possible to seamlessly access and ingest massive sets of structured and unstructured data. Real-time data analytics helps in quick decision-making, while advanced forecasting algorithms predict product demand across diverse locations.

Insurance 86

Insurance Data Warehouse Data-driven Unstructured Data 86

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 61

Insurance Cost-Benefit Digital Transformation Marketing 61