In the end, if you can’t access your data and readily use it across your organization, growth, profitability and innovation suffer. (Credit: Ivan/Adobe Stock) In the end, if you can’t access your data and readily use it across your organization, growth, profitability and innovation suffer. (Credit: Ivan/Adobe Stock)

Data is universally both an asset and a problem for every P&C insurance organization — whether carrier, broker, MGA or insurtech. Having lots of data is good but using your own data to make better business decisions across your organization with speed, consistency and accuracy is best.

Leading insurers have figured out how to do that, essentially mastering the art of fully leveraging insight from their own data because it’s organized and can be easily accessed and shared across their enterprise — all from a single data repository. No redundancies, no discrepancies and no sifting through the candy jar to find the blue M&M’s.

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