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How Insurance Companies Can Capture Data-Driven Insights

James Maudslay

In many ways, the insurance industry has always revolved around data. In the past, this meant insurers using historical data, paired with inferences about the future, to gauge risk as accurately as possible and make informed underwriting decisions. What’s changed within the last few years is that insurance companies now have access to much greater volumes of data than ever before, from a much wider variety of data sources. In addition, this data is now available in real time, meaning that insurance companies no longer have to make assumptions about the future based on the events of the past. Examples…

The post How Insurance Companies Can Capture Data-Driven Insights appeared first on Interconnections - The Equinix Blog.

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Posted by James Maudslay on Oct 14, 2022

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