Managing data quality is critical for insurance companies.  (Dmitry/Adobe Stock) Managing data quality is critical for insurance companies.  (Dmitry/Adobe Stock)

The accuracy and completeness of insurance data can make all the difference between a successful business and a disastrous one. As such, data quality management is critical to any insurance company’s operations.

Insurance companies deal with large amounts of data daily. High data quality is critical for several insurance processes, including the following:

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