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
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.
For all the business questions you’ve been too afraid to ask, Annie Analytics has the answers. Here, Annie advises Tanya in Tacoma, who finds herself in hot water with her friends. Tanya actually likes her car insurance company, but her circle of friends is in a very different situation. Not only
If your organization is trying to make the most of its analytics capabilities, don’t miss these IBM Insight sessions—a presentation and a super session offering a deep look into the world of real-time analytics and discussing how to inject analytics into real-time operational systems.
Through the Internet of Things, car insurers now have the ability to track drivers’ behaviors in real time. While this method of determining premiums has great potential, there are still outstanding issues that must be addressed before it can be adopted throughout the industry.
Insurance carriers need to devise a strategic plan to handle both compliance concerns and increasing the success of the sales function. Based on data from a Celent report that focuses on the compensation tools and techniques that insurance carriers use to drive business, this infographic presents
Thanks to a deluge of sensor data, not only is our ability to forecast the weather more accurate than ever, but this information also can be used in exciting new ways. In this Internet of Things podcast, see how The Weather Company is helping businesses use weather data for competitive advantage.