Far too often, insurers either collect massive data sets from policyholders without knowing what to do with it or collect the bare minimum to avoid cost and security concerns. Both are problematic. Achieving positive ROI from insurance data requires a strategic approach to data and analytics.
This white paper, featuring research from Gartner, provides the critical information insurance CIOs need to know to benefit from advanced insurance analytics. Readers will learn to leverage insurance analytics to benefit from process optimization, operational improvements, and increased predictive capabilities. This white paper explores:
- How to identify and structure the data you need to improve results
- Creating models and tools from the data to drive improvements, and
- What insurance CIOs need to know about emerging analytics needs, including best practices from Gartner