Insurance fraud is costing insurance companies billions of dollars annually, which is translating into higher premiums for policyholders. However, fraud no longer has to be just a cost of doing business. Take the fight to fraudsters with the comprehensive fraud analytics solution from IBM that
The advent of weather analytics has come none too soon. From inventory planning to public safety, organizations around the world are looking to weather data to help inform their decisions. But can they stay afloat in a sea of big data?
Can the Internet of Things (IoT) help auto insurers create more accurate pricing plans? The answer is both yes and no; telematics can potentially offer unprecedented detail about driving behaviors, but this option is still on the horizon (for now).
Don’t hold on to manual process that throw doubt on your data and put you at risk of regulatory noncompliance. Instead, discover how adopting an insurance software solution can help your company boost its operational efficiencies, enhancing its ability to compete in the marketplace.
Data reservoirs are useful tools that can help organizations create new products and services, increase customer service and efficiency, and reduce waste and fraud. But what is a data reservoir and how do you create it?
The Internet of Things holds great promise for the insurance industry, not least by allowing insurers to move beyond demographics to offer enhanced pricing levels. Moreover, IoT-enabled telematics can help insurers reduce loss ratios—and all this while offering value-added services to help
September was a whirlwind of activity around Labor Day, back to school and the kickoff of fall conferences. Here is a recap of the top financial stories published on the IBM Big Data & Analytics Hub in September. Catch up on what you may have missed.
No one keeps a weather eye like the property and casualty industry does. In their incessant quest to mitigate and prevent natural disasters, insurance providers can be among the chief beneficiaries of weather analytics, gauging weather-related risks to protect insured assets and avoid incurring
With respect to capitalizing on analysis of Internet of Things data for innovative industry solutions, the insurance industry is ripe with opportunity. And yet many C-suite insurance executives seem tentative when considering Internet of Things solutions. Now more than ever is an suitable time for
The insurance industry is poised to leverage business intelligence from Internet of Things data to offer policyholders value-added services and process optimization. But these opportunities require getting beyond mere point solutions and deploying a comprehensive, scalable and flexible Internet of
Your data represents business value that your organization can’t afford to ignore. In this webcast, listen as two chief data officers discuss how you can position the CDO role for success and help your organization provide true value to customers.