Digital Revolution Rolling through Insurance Industry

This Week in Analytics: News

Barriers to the innovative mindset, Infrastructure, scaling and staffing top barriers to analytics success, How carriers can leverage the power of big data, In P&C, predictive modeling adaptation is steady

Barriers to the innovative mindset

Over the last few years, insurance has become an important hub for tech innovation. While the momentum is widely discussed, the numbers are even more telling. CB Insights reported that InsurTech companies have raised $5.67 billion dollars across 464 deals since 2011, compared to only $85 million in 2010. Read the full article…

Infrastructure, scaling and staffing top barriers to analytics success

The number of organizations implementing big data and analytics projects has increased dramatically, but many struggle with a number of challenges to achieving the returns on investment they hope for. Read the full article…

How carriers can leverage the power of big data

By the year 2020, there will be more than 20 billion connected things in use around the world. Think about that. In a few short years, everything about our lives — including how we live, work, eat and sleep — will be captured electronically. Read the full article…

In P&C, predictive modeling adaptation is steady

P&C insurers are doing a good job understanding the value of and building capabilities for predictive modeling. That’s according to the 2016 Predictive Modeling Benchmark Survey (U.S.) from Willis Towers Watson, released this week. Read the full article…