Using Data to Power Growth

Using Data to Power Growth

Insurance, perhaps more than any other industry, relies on data, with the difference between success and failure turning on a firm’s ability to accurately analyse information, evaluate risks and make appropriate decisions.

In the case of the insurance industry, big data sets might come from decades of accumulated information relating to human behaviour, potential risks and the costs associated with certain types of events.

This whitepaper therefore suggests 5 ways insurers can leverage big data.