The hallmark of business leaders in the 2020s is their capacity to successfully execute digital transformation initiatives. Globally, businesses spent $1.3 trillion on digital transformation in 2020....
In virtually every industry, data is playing a more important role than ever before in driving decisions. There are vast increases in the amount of data available, including information that would...
Advanced business analytics deliver competitive advantage to organizations that have the foresight to leverage data-driven insights as part of their strategic decision-making processes. A company’s...
Traditional insurance data governance initiatives frequently fall short of expectations because they focus too heavily on policies, compliance, and enforcement. That can lead to a disconnect between...
The use of location data has long been part of insurance technology trends. It touches on virtually every aspect of the business, starting with risk assessment and underwriting and extending to...
What do 96 of the world’s 100 largest banks, 90% of the largest insurance companies, 92% of the largest retailers in the United States, and 71% of the Fortune 500 have in common? They all continue...
When a property is central to business decisions, data enrichment becomes critical to success by providing a 360-degree view of the factors that influence those decisions. The reality is, most...
At its core, the insurance industry is about accurately predicting risk, pricing policies to sufficiently cover that risk, and minimizing fraud. Enriched data such as geospatial data adds richness...
Without a doubt, the insurance industry is driven by data. Even before the rise of personal computers, the Internet, and widely available analytical tools, insurers relied heavily on insurance...
