Leveraging data with high-performance analytics for financial services, insurance, telco and more

Shannon Heath
Shannon Heath|April 5, 2012

Lots of buzz around SAS High-Performance Analytics in the news lately!  In case you missed it, here are a couple of great reads: In the latest issue of BAI Banking Strategies, SAS CTO Keith Collins talks about leveraging data with high-performance analytics.  He explains that financial institutions need to deploy [...]

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Resolutions for the UK insurance industry in 2012

Martyn Kyle
Martyn Kyle|January 31, 2012

After all the Christmas parties and new year dinners are over, many would like to forget embarrassing behavior or over-indulgences of the season. By way of putting all that behind, it’s not uncommon for most to start the year by embracing a sober regime, diet and even a few New [...]

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Is it fraud or abuse?

Ross Kaplan
Ross Kaplan|November 1, 2011

When discussing fraud and abuse, it often (very often) becomes a philosophical discussion of whether aberrant activities are fraudulent or abusive. The quick difference being that fraudulent is intentional and abuse is not.  The distinction quickly becomes an issue of legal and illegal as opposed to right and wrong. What [...]

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The future of fraud investigation is information based

Alison Bolen
Alison Bolen|October 26, 2011

In many ways, the early 1990s were the heyday of Special Investigation Units (SIU) for insurance companies, says Tim Wolfe, Director of Special Investigations for CNA, a commercial property and casualty insurance provider. Around that time, states started requiring companies to report suspicious claims and insurers increased staff to meet [...]

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Holy analytics, Stat-Man!

Rachel Alt-Simmons
Rachel Alt-Simmons|September 26, 2011

Tomorrow I was going to go visit one of our insurance clients. I was really looking forward to the meeting – a chance to share experiences with a strategic analytic team. Unfortunately, I got an e-mail from the team’s administrative assistant: “I’m sorry, but so-and-so needs to cancel. An important [...]

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Business & IT: Making decisions together - in Canada!

Rachel Alt-Simmons
Rachel Alt-Simmons|September 9, 2011

I’ve been hanging out in Canada again, eh? Just last week, I snuck over the border to meet with some of our insurance customers in the Greater Toronto Area (affectionately known as “GTA”). This was my fifth trip this year and I’m pleased to say that not only have I [...]

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Turn that frown upside down!

Rachel Alt-Simmons
Rachel Alt-Simmons|September 9, 2011

Summer has almost come to a close – and thank goodness! Up here in the Northeast, we’ve been subjected to tornadoes, hurricanes, floods and earthquakes. I’ve been waiting for the locusts to descend! And outside of dodging hail and charging my laptop with my car’s cigarette lighter when we lost [...]

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The operational risk dilemma: Prevent the fire

Rachel Alt-Simmons
Rachel Alt-Simmons|March 24, 2011

Ideally, enterprise risk management (ERM) is a centrally managed process in which the chief risk officer (CRO) retains responsibility for setting overall governance policies and monitoring all risk management functions. With reactions to the financial crisis of 2008 still in full swing and new solvency and capitalization requirements coming from [...]

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Analytics = SAS

Rachel Alt-Simmons
Rachel Alt-Simmons|January 21, 2011

Okay…I don’t usually do the rah-rah SAS stuff, but it was a really great week here and I wanted to share. The Analytic Cheerleader is getting out her pom-poms and cheering for SAS! Since I’ve been a SAS employee for exactly 3 months, I thought it was a good time [...]

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Business Analytics 101: Enterprise Fraud Management

Ellen Joyner
Ellen Joyner|December 17, 2010

Recently I was listening to an NPR (National Public Radio) documentary about the history of cancer and medicine’s evolution in understanding and treating cancer. This was an amazing story. I would venture a guess that nearly everyone who is reading this post has been affected by cancer in one way [...]

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