Whether you are a good driver or a careless one, there are insurance companies who will be happy to reward you for your skill (or lack thereof). When it comes to using big data collected from cars to benefit our lives, automobile insurance is one clear industry that could see big changes in the next fifteen years. For instance, based on the information that your vehicle shares, … [Read more...] about How Big Data Could Affect What You Pay For Car Insurance
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How Big Data Completely Transformed the Insurance Industry
Big data is changing the way we think about many of the major factors in our lives today, and insurance is no exception. The digital age is completely transforming the way in which the insurance industry operates, and all of this has big implications for both consumers and insurance agents. In short big data is a term that is being used more and more recently, to refer to the … [Read more...] about How Big Data Completely Transformed the Insurance Industry
Digital Transformation – the Key to Customer Loyalty in the Insurance Industry
According to consumers, insurers are not keeping up with their expectations - and customers are not sticking around long enough to give them the opportunity to prove otherwise. Those in the insurance industry are well aware of the poor rankings in customer experience satisfaction scores and know that customer loyalty is at an all-time low. Customer churn due to declining … [Read more...] about Digital Transformation – the Key to Customer Loyalty in the Insurance Industry
Insurance Analytics Europe 2016
The'3rd'Annual Insurance Analytics Europe Summit'will bring together 200+ insurance executives from across Europe to explore both innovation in the insurance industry and uncover strategies to fully utilise the ever-increasing analytics capabilities available to insurers. Featuring over 60 speakers including'AIG, Aviva, Zurich, Generali'and more, there is no other European … [Read more...] about Insurance Analytics Europe 2016
How You Can Improve Customer Experience with Fast Data Analytics
In todays constantly connected world, customers expect more than ever before from the companies they do business with. With the emergence of big data, businesses have been able to better meet and exceed customer expectations thanks to analytics and data science. However, the role of data in your business success doesnt end with big data now you can take your data mining and … [Read more...] about How You Can Improve Customer Experience with Fast Data Analytics