Tag: insurance

Data Management
Stuart Rose 1
Big data – game changer for insurers.

A recent survey by Capgemini found that 78% of insurance executive interviewed cited big data analytics as the disruptive force that will have the biggest impact on the insurance industry. That’s the good news. The bad news is that unfortunately traditional data management strategies do not scale to effectively govern

Stuart Rose 0
Risk and rewards for insurers

The role of insurance is to bring some predictability, manageability and stability in what is in essence, a chaotic and uncertain world. So as we head into 2016, what are the big issues for insurers in the next 12 months? Below is just a selection of some of these issues:

Internet of Things
Viktor Hirvela 0
The era of smart insurance is dawning

What if a reckless driver adopted a more responsible approach because the car insurance pricing was based on driving habits? What if the senior from next door had the insurance payments based on kilometres driven, resulting in significant savings? This may be reality sooner than you think. The Internet of Things will revolutionise

Stuart Rose 0
Putting customers and analytics at the centre

Customer intelligence will help an insurance company deepen its customer insights, choreograph its customer interactions and continuously improve its marketing performance. Unfortunately for all the progress made in recent years on customer relationship management and getting to know customers better, insurance companies are still not focusing on customers as much

Data Management
Stuart Rose 0
The final countdown… and beyond

It’s rather appropriate that the rock band Europe recorded the hit “The Final Countdown”, because today, September 22nd, represents 100 days until the much anticipated (and delayed) European insurance legislation Solvency II will come into effect on January 1st 2016. Designed to introduce a harmonized, EU-wide insurance regulation, Solvency II

Internet of Things
Stuart Rose 0
Flipping the data equation

Big Data has become a technology buzzword. But how is Big Data changing insurance? Historically, insurance companies have used SMALL data to make BIG decisions. Today, insurers are using BIG data for SMALL decisions. What does this mean? Traditionally, insurance companies have aggregated data to group risks into broad categories