This Week in Analytics: News

Do your data analytics team members speak the same language?, 6 trends shaping the future of data analytics, Does Analytics Mark the End of Underwriter Influence?, Machine learning: The next step for insurance analytics, Digital transformation: 8 best practices for insurers

Do your data analytics team members speak the same language?

The world is constantly changing, and as an actuary, I probably view these changes differently than most people. In my world, all of the advancements in new and innovative technology that have made our lives more convenient also present more complex risks. Read the full article…

6 trends shaping the future of data analytics

Organizations are demanding more from their data analytics efforts, wanting immediate insights that will help drive business decisions. In response, many are adopting new technologies such as machine learning, deep learning, and natural language processing. Read the full article…

Does Analytics Mark the End of Underwriter Influence?

Underwriting is the secret sauce of the insurance industry. The process of selecting and pricing risk is essential to the profitability of a carrier, and the deep expertise necessary for this skill set is among the most valuable assets an organization has. Insurers traditionally have competed largely based on the individual judgment of highly experienced underwriters.  Read the full article…

Machine learning: The next step for insurance analytics

The insurance industry is in the middle of a data and analytics arms race, with carriers building ever-more-powerful information systems in an attempt to manage risk better than their competitors. Read the full article…

Digital transformation: 8 best practices for insurers

The traditional insurance business model, which has been resilient for over 350 years, is now being challenged by technological and behavioral change. Read the full article…