Manual processes can be time consuming, particularly if you are trying to extract data from disparate systems and turn it into actionable business intelligence.
Manual processes can be time consuming, particularly if you are trying to extract data from disparate systems and turn it into actionable business intelligence.
For Karen Pauli, research director in the insurance practice for TowerGroup, the first step in a business intelligence project calls for getting your data in order, but there are other steps that need to follow for carriers to achieve success with their BI initiatives.
The first step [to a successful business intelligence initiative] is you have to have your data in order. But the second thing is you have to have some business objectives: What are you trying to accomplish with this business intelligence initiative?
The first step [to a successful business intelligence initiative] is you have to have your data in order. But the second thing is you have to have some business objectives: What are you trying to accomplish with this business intelligence initiative?
Spending levels for most of Gartner’s clients are projected to go up in 2011, according to Kimberly Harris-Ferrante, vice president and distinguished analyst for Gartner, as they put the bad economy behind them.
Spending levels for most of Gartner’s clients are projected to go up in 2011, according to Kimberly Harris-Ferrante, vice president and distinguished analyst for Gartner, as they put the bad economy behind them.
A survey of insurance IT leaders conducted by Strategy Meets Action show 83 percent of carriers on the property/casualty side are keeping tech spending levels flat or with slight increases.
Faced with a host of challenges and pressures, insurers have been driven to look for new ways to improve results in areas such as reducing claims leakage, improving underwriting performance, and generally reducing costs.