The loss adjuster has seen an uptick in false document fraud during lockdown. Yet insurers are generally as 80% or more of the data...
Mike Daly
Databases used for targeting consumers being used to spot those struggling in pandemic Technology is always a means to and end. The goal...
Insurance is a business built on data, so why haven't all insurers taken advantage of the vast repositories of insight that lie only just...
"Insurers Admire Digital Giants and Insurtechs More Than Any Other Competitor for Their Approaches to Innovation" Gartner 2020 CIO's...
MTD. Making Tax Digital. Sounds so benign... so modern. Yet for many small accountancy firms in the UK, this is a death knell. What...
For a technology invented over 10 years ago it does seem a solution looking for a problem. Ambitious white papers and press releases...
WHY? Data driven decision creates an upside of from 6% to 9% of an insurer’s combined ratio - Source BCG Studies. Which insurer can...
Many analytics projects fail to deliver the outcomes hoped for. Without the culture, resources and focus on data your analytics may fall...
Standalone Analytics and BI are like the "Emperor's New Clothes". - NAKED and laughable. Our insurance customers in the US, Australia, UK...
The importance of context for analytics strategy. Information value is created when uncorrelated data is correlated leading to new...
Summary of what you should do sooner rather than later. Follow link for more detail. Obtain ISO 27001 CertificationHire a DPO or CISOHire...
Adopting the technologies that ensure you comply with the General Data Protection Regulation delivers far more competitive advantage that...
Most insurers cannot analyse free form text in claims notification forms! Typically 80% of an insurer's data is inaccessible and...
Well argued piece here on the dangers of machine learning and AI when data is still the weak link The Economist Intelligence Unit (EIU)...
Connected customers typically challenge the time and resources business managers and frontline staff have to deal with queries, claims,...
Analytics potentially undermines the principle of traditional insurance—that premiums collected from low-risk policyholders contribute to...