Analytics

6 Major Use Cases for Advanced Data Analytics in Insurance Industry Costly errors and omissions claims in insurance have increased substantially over the past few years. This is why insurance agents need to take concrete steps to protect themselves.  The biggest risk of being an insurance agent is the inaccuracy of errors and omissions claims. These claims …

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6 Major Use Cases for Advanced Data Analytics in Insurance Industry The insurance industry is known to be a high-risk industry. Having to constantly navigate through claims procedures, pricing and promotion while minimizing compliance risks at all times can be quite a challenge.    Insurance companies rely heavily on data and statistics for quicker decision-making. This …

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