Stuart Rose is the Global Insurance Marketing Manager for SAS. He began his career as an actuary and now has more than 25 years of experience in the insurance industry working for companies in the US, Europe and South Africa. Stuart has written many insurance-related articles and is also the co-author of Executive’s Guide to Solvency II.
“Garbage in, garbage out” is more than a catchphrase – it’s the unfortunate reality in many analytics initiatives. For most analytical applications, the biggest problem lies not in the predictive modeling, but in gathering and preparing data for analysis. When the analytics seems to be underperforming, the problem almost invariably
Good news...an analytics survey last year found that 72% of insurance executive agreed that analytics is the biggest game-changer in the next 2 years. Bad news...compared to other industries the adoption rates of analytics in the insurance has lagged other industries. To reverse this trend and help insurers travel down the
The insurance industry is heading for a crisis. Depending on which report you read the insurance industry is facing a shortfall in job vacancy from anything from 40,000 to nearly half million in the next few years. Baby boomers in specialized jobs like underwriters and claims adjusters are retiring and insurers
