6 Opportunities for Carriers in 'Big Data' By Chander Ramamurthy Among other things, big data allows for analysis of patterns of usage of internal systems, pinpointing possibilities for process improvements.
Top 6 Myths About Predictive Modeling By Bret Shroyer Despite what many think, the most important important issue isn't which model to choose, and the biggest challenge isn't technical.
Data Is Your Best Weapon in Work Comp By Karen Wolfe When poorly performing doctors see comparisons with peers, corrected for the severity of cases, they initially fuss -- then improve.
4 Ways to Keep Data Quality High By Yunus Burhani If you wait until a manager spots a problem with data integrity, you've waited too long. The fix will be expensive.
When Nature Calls: the Need for New Models By Nick Lamparelli James Rice This article is the first of a series on how the evolution of catastrophe models provides a foundation for much-needed innovation.
A Better Way Than Predictive Modeling By Karen Wolfe Issues indicating a workers' comp claim is becoming a major problem can be addressed in real time -- if the right systems are in place.
Making Data Work Means Ending Silos By Karen Wolfe In workers' comp, data is too often used after the fact, in investigations. Data must be integrated early and used throughout the claims process.
New Data Strategies for Workers’ Comp By Dax Craig Information asymmetry makes it difficult for insurers to determine who is a high-risk customer and who is low-risk, leading to rampant fraud.
Tech Secret to a Combined Ratio Below 100% By Matteo Carbone Deepak Karthikeyan While large personal auto insurers have adopted telematics-based programs, they’re only scratching the surface of the potential benefits.
Insurtech Is at an Inflection Point By Tom Kussurelis Insurtech funding has been dropping since 2021 and hit a 20-quarter low in 4Q22. Will it rebound, continue on a flat path or decline further?
'Digital Twins': The Race Is On By Roger Arnemann The concept is widely adopted in manufacturing and supply chain. Insurers that integrate digital twins will significantly out-compete rivals.
Insurance in 2030: What Does the Future Hold? By Marie Carr In an increasingly fractured world, insurers have to cover a greater array and frequency of intensifying risks.