Hidden Insights
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The EU’s new Insurance Distribution Directive (IDD) comes into force in October this year, and will regulate how insurance products are designed and sold across the EU. The thinking behind the directive is both to provide fairer competition in the market place and to improve the protection available to customers.
Business analytics and IoT are closely intertwined, perhaps even two sides of the same coin. When used together, they open the door to an extensive range of optimisation options in various sectors, from health care to agriculture and manufacturing. Many companies, however, have found that adding value is harder than
What on earth am I talking about? Spotting insurance fraud, of course! An ex-colleague of mine used to aptly describe the traditional rules-based methods of spotting fraud as “if it walks like a duck and talks like a duck, it’s probably a duck.” This is, of course, true to a