In the competitive and highly regulated insurance industry, it’s easy to see why firms are hungry to unlock the value of their data. From tackling claims inflation and fraud to developing innovative new products and pricing strategies, they know that being able to make sense of this data quickly is
How to become a data-driven insurance company
Fraudsters share more intelligence than insurers!
Anyone in the insurance industry knows that fraudsters are becoming more sophisticated and their crimes more difficult to identify. Insurance fraud in the UK costs an estimated £3 billion per year – but only around a third of that is detected. Whilst opportunistic fraud poses a problem to the industry and