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Learn the four keys to establishing a data-driven company culture and unlocking the potential of advanced analytics.
Discover the five keys to enhancing risk evaluations by leveraging datasets that offer a more detailed view.
Data should be accessible from anywhere, for any user, and always result in the same view. But too often that's not the case.
Insurers are awash in data but only benefit from it with improved access and analytics.
Insurers today must be savvy about applying performance-enhancing technologies and fostering organization-wide innovation.
As insurers become more comfortable with data analytics, they're beginning to require actuarial firms to adopt the same approach.
The race to use predictive analytics to grab small commercial insurance market share is heating up.
Insurance companies now know they cannot remain competitive without predictive models to guide risk assessment and pricing.
Unseating an incumbent insurer while lacking the data required to make the most accurate decisions regarding risk selection and pricing is a challenge.
Many of the InsurTech companies that previously struggled to overcome regulatory and legacy hurdles are now equipped to be more effective.
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But too often that's not the case.", "body": null }, { "uri": "/2020/10/21/3-ways-open-ecosystems-help-pc-insurers-thrive/", "title": "3 ways open ecosystems help P&C insurers thrive", "byline": "Kirstin Marr", "kicker": "Commentary", "prettyDate": "October 21, 2020", "timeToRead": "7 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2020/10/Data-Analytics_Shutterstock.jpg", "width": "620", "height": "372" }, "authors": [ { "webUrl": "/author/profile/kirstin-marr/", "name": "Kirstin Marr" } ], "kickerNode": [ { "uri": "/commentary/", "sectionName": "Commentary" } ], "summary": "Insurers are awash in data but only benefit from it with improved access and analytics.", "body": null }, { "uri": "/2020/01/28/in-the-insurance-game-of-thrones-innovators-reign-supreme/", "title": "In the insurance 'Game of Thrones,' innovators reign supreme", "byline": "Kirstin Marr", "kicker": "", "prettyDate": "January 28, 2020", "timeToRead": "6 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2020/01/Game-of-Thrones_Shutterstock.jpg", "width": "620", "height": "372" }, "authors": [ { "webUrl": "/author/profile/kirstin-marr/", "name": "Kirstin Marr" } ], "kickerNode": [], "summary": "Insurers today must be savvy about applying performance-enhancing technologies and fostering organization-wide innovation.", "body": null }, { "uri": "/2019/07/30/the-changing-role-of-actuaries/", "title": "The changing role of actuaries", "byline": "Kirstin Marr", "kicker": "Commentary", "prettyDate": "July 30, 2019", "timeToRead": "6 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2019/08/Risk-Management-Shutterstock.jpg", "width": "620", "height": "372" }, "authors": [ { "webUrl": "/author/profile/kirstin-marr/", "name": "Kirstin Marr" } ], "kickerNode": [ { "uri": "/commentary/", "sectionName": "Commentary" } ], "summary": "As insurers become more comfortable with data analytics, they're beginning to require actuarial firms to adopt the same approach.", "body": null }, { "uri": "/2019/04/01/the-small-commercial-dilemma-for-large-insurers/", "title": "The small commercial dilemma for large insurers", "byline": "Kirstin Marr", "kicker": "Commentary", "prettyDate": "April 01, 2019", "timeToRead": "6 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2019/04/Predictive-Analytics-Shutterstock.jpg", "width": "620", "height": "372" }, "authors": [ { "webUrl": "/author/profile/kirstin-marr/", "name": "Kirstin Marr" } ], "kickerNode": [ { "uri": "/commentary/", "sectionName": "Commentary" } ], "summary": "The race to use predictive analytics to grab small commercial insurance market share is heating up.", "body": null }, { "uri": "/2019/03/07/assembling-the-justice-league-for-predictive-analytics/", "title": "Assembling the 'Justice League' for predictive analytics", "byline": "Kirstin Marr", "kicker": "Commentary", "prettyDate": "March 07, 2019", "timeToRead": "7 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2019/03/Analytics-Shutterstock.jpg", "width": "620", "height": "372" }, "authors": [ { "webUrl": "/author/profile/kirstin-marr/", "name": "Kirstin Marr" } ], "kickerNode": [ { "uri": "/commentary/", "sectionName": "Commentary" } ], "summary": "Insurance companies now know they cannot remain competitive without predictive models to guide risk assessment and pricing.", "body": null }, { "uri": "/2018/10/03/how-data-consortiums-impact-the-accuracy-of-predictive-analytics/", "title": "How data consortiums impact the accuracy of predictive analytics", "byline": "Kirstin Marr", "kicker": "Commentary", "prettyDate": "October 03, 2018", "timeToRead": "5 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2018/10/Fraud_Mgmt_Data_Shutterstock.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/kirstin-marr/", "name": "Kirstin Marr" } ], "kickerNode": [ { "uri": "/commentary/", "sectionName": "Commentary" } ], "summary": "Unseating an incumbent insurer while lacking the data required to make the most accurate decisions regarding risk selection and pricing is a challenge.", "body": null }, { "uri": "/2018/08/14/3-reasons-reinsurers-are-leading-insurtech-investment/", "title": "3 reasons reinsurers are leading InsurTech investment", "byline": "Kirstin Marr", "kicker": "Commentary", "prettyDate": "August 14, 2018", "timeToRead": "5 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2018/08/InsurTech_Shutterstock.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/kirstin-marr/", "name": "Kirstin Marr" } ], "kickerNode": [ { "uri": "/commentary/", "sectionName": "Commentary" } ], "summary": "Many of the InsurTech companies that previously struggled to overcome regulatory and legacy hurdles are now equipped to be more effective.", "body": null } ] } }
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