Articles

Raising returns on analytics investments in insurance

In an era of narrow margins and slow growth, insurers’ need to invest in analytics has never been greater. A few thoughtful initiatives can accelerate the analytics journey.

Leading insurers are using advanced analytics to tap into both existing and new troves of data, in an effort to unlock value across products and Business functions. In a recent McKinsey survey, data and analytics leaders at global life and P&C carriers reported that they were investing as much as $80 million per year in data analytics, and nearly all planned to invest more in 2017.

Source: 7wdata.be

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s