Big Data News
Will Big Data, Social Networking Scores Remove Risk-Sharing From Insurance?
When people take to Twitter to comment on the great evening they enjoyed with good food and wonderful friends, reducing their monthly insurance bill is probably the last thing on their mind. But such ...
Fun with Big Data Math: Tall Voters More Politically Conservative
If you want to predict which political party someone will support, take note of the person's height. The taller a person is, the more likely he or she is to support conservative political positions, ...
Big Data Analytics: Mining Your Catastrophe Claims Data for Competitive Advantage
Big data for catastrophes sounds like an oxymoron. It's precisely because of the lack of historical data that actuaries have left catastrophe modeling and loss estimation to external third parties ...
Two Big Data Companies Merge to Expand Crime-Avoidance Technology
Two companies in the big data realm are planning to merge in a move that will help expand the use of risk-reduction technology that helps users safely navigate high-crime areas. Helios and Matheson ...
Forget Big Data—Try Focusing on Small Data
In their rush to jump on the big data bandwagon, many organizations have lost sight of a much simpler yet effective source of customer insight: "small data." Big data is about synthesizing, mining ...
Gaining Value From Big Data Analytics: What It Takes to Get There
Big data analytics can be immensely valuable for organizations across industry sectors, but for many, achieving that value has been difficult. Progress has been constrained by legacy issues in some ...
Verisk CEO: Emerging Tech’s Innovations for Insurers
From drones hovering overhead to connected cars on the roads around us, rapid advances in technology are leading to radical new practices in business and science. These advances may bring benefits ...
Can Computers Predict When Your Time Is Up? UK Actuaries Fund Big Data Project
Statisticians, computer scientists and medics from the University of East Anglia (UEA) in Norwich, UK are launching a new project to predict how long you will live. They will use big data to predict ...