Verisk’s Post

Wondering what’s big in data for the insurance industry? Check out Kirstin Duffield’s insights 👇 #Data #InsuranceIndustry #DataModel #Innovation #VeriskLeadership

Data optimization is the key to staying competitive in the insurance industry. 🗝️ By leveraging advanced analytics and technology, insurers can enhance risk assessments, improve underwriting processes, and drive innovation. Learn more: https://lnkd.in/djdq2ivK #AnalyticsStrategy #MachineLearning #insurtech #Analytics #DataAnalytics #InsuranceInnovation

Insurers are revolutionizing their processes with a focus on data ingestion. By optimizing this crucial step, they're not just saving time but also increasing their quoting capacity and chances of success. This efficiency loop leads to cleaner data for better analytics, creating a win-win scenario. Dive deeper into the world of insurance data management in episode 39 of Unstructured Unlocked. https://lnkd.in/gWPY6rPZ #InsuranceInsights #UnstructuredUnlocked #IntelligentIntake

Big data analytics has been instrumental for (re)insurers aiming to boost performance, efficiency, and effectiveness. Watch Vasan Errakiah's interview with Asia Insurance Review on how Pacific Life Re leverages big data to enhance risk assessment, underwriting and claims management, while also shaping strategic decisions.   Watch the full video here: https://lnkd.in/eKEz85RP   #Protection #DataAnalytics #BigData

Don't miss the first event in Synatic's Webinar Summer Series, "The Love Hate Relationship with Data - How Data Cleanliness Impacts Your Day to Day". Jamie Peers of Synatic and Michelelenn (Missy) Bishop of Foundation Risk Partners will share insights of how data cleanliness impacts daily operations and can enhance overall business efficiency. Get started on improving your relationship with data! Register -> https://hubs.ly/Q02GgpLV0 #Insurance #Webinar #WebinarSummerSeries #DataFix

Data analysis can enable insurers to deliver targeted insights to customers 🙌💙

Unveiling the success story of how TransOrg Analytics helped a major insurance company to identify high-risk policyholders through innovative data analytics! Learn how targeted reduction strategies led to significant cost savings. Read more: https://lnkd.in/g-EmFApN #InsuranceAnalytics #RiskManagement #DataDrivenDecisions

Check out this latest article highlighting the importance of collaboration between brokers and insurers to generate actionable risk insights. Kirill Pankratov and Peter Davis from Zurich Insurance emphasize the need for enhanced data analytics to tackle complex risks faced by businesses today. The article underscores how advanced risk analytics can help understand and anticipate future risks, benefiting customers through tailored and scalable insights.

You work in marketing? Oh cool. Oh, you work in Insurance..... Why though. Because you get access to jaw dropping tech, innovative minds, emerging opportunities and people who - despite being in risk management - are willing to dive in and try things out. Our next generation analytics is all about giving the big brains WTW an opportunity to try things out. They listen to their customers, their insurer partners, their colleagues. They hear what is needed and think beyond their nose to what is in the art of the possible. What is in your tomorrow is happening today. #RiskAnalytics #Data #Analytics #AI #Technology #Insurance #Broker #DataAnalytics Ben Fidlow John Merkovsky Erica Herzberg Kyle Roper FCII

If you have seen the movie "Moneyball", this article will feel familiar. Applying more data and analytics to decision-making appears to have advantages over more traditional methods.