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Automated Sales & Underwriting Strategies can Transform Insurance

bridgei2i

Automated Sales & Underwriting Strategies can Transform Insurance. One of the major repercussions of the COVID-19 pandemic in financial sectors has been the increase in awareness about insurable risks across categories and markets. Images 1: Challenges before insurance industry in the post-Corona world.

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Adoption of Automated Sales & Underwriting Strategies can Transform Insurance

bridgei2i

Adoption of Automated Sales & Underwriting Strategies can Transform Insurance. The insurance industry—which, in the US alone, stands at $1.2 trillion, is seeing the volume of insurance transactions growing every year. Images 1: Challenges before insurance in the post-Corona world. click here.

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Prioritizing Data: Why a Solid Data Management Strategy Will Be Critical in 2024

Ontotext

In 2023, data leaders and enthusiasts were enamored of — and often distracted by — initiatives such as generative AI and cloud migration. This is because although generative AI can replace people in some cases, there is no professional liability insurance for LLMs.

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Governance and Fighting the Curse of Complexity

CIO Business Intelligence

Moreover, new sources of ever expanding data produced by generative AI and the unfettered growth of unstructured data introduce even more challenges. Password strategies. Data at rest. Data at rest. Data in motion. Cyber insurance. There’s the complexity of security in the organization.

IoT 65
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It’s not your data. It’s how you use it. Unlock the power of data & build foundations of a data driven organisation

CIO Business Intelligence

Australian research and advisory firm Adapt identifies an organisation’s ability to execute a data-driven strategy as one of 12 core competencies , identified from 30,000 conversations spanning three years with leading IT and businesses. This is the first post in a series of three on data-driven organisations. Insurance.

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A hybrid approach in healthcare data warehousing with Amazon Redshift

AWS Big Data

We dive deep into a hybrid approach that aims to circumvent the issues posed by these two and also provide recommendations to take advantage of this approach for healthcare data warehouses using Amazon Redshift. What is a dimensional data model? It optimizes the database for faster data retrieval. What is a hybrid model?