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Using data that is credible and that maintains quantifiably demonstrable experience correlating to the risk is an insurance gold standard and something that cannot be compromised. (Image: Allison Bell/ThinkAdvisor

Big data technologies are no doubt recalibrating the insurance industry.

This expanded form of modeling by insurers is incredibly dynamic having an almost limitless range of new variable assumptions and branched connections that will significantly improve and revolutionize how insurers measure risk.

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