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Some consumers don’t seem to be crying out for usage-based insurance and evidence shows some of the models in use are only mildly predictive at best. Why is that? Why is it that auto insurance companies have not found a way to significantly improve on the traditional metrics of age, zip code and the like despite all the technological advances of the last few decades?
January 31Just Insure -
Inside the near-term tech plans for the multiline insurer.
July 19 -
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Ppooling the same type of transactional data from multiple insurers can help paint a much clearer picture.
August 18Insurity -
Toronto-based company recently raised $3.5 million in seed funding for commercial insurance platform.
July 20 -
The data types that firms perceive as adding the most value to the business include pre-fill data from third-party vendors, images from cameras and smartphones, PDFs of all sorts of data, and customer segmentation.
July 10 -
Productizing and monetizing insights into actions across the enterprise are the dividing lines between data science and traditional IT and actuarial organizations.
June 23 -
Ali Shahkaram has been with the company since 2012.
April 1 -
Data analytics will become more embedded in day-to-day processes specifically to provide analytics and AI insights within the flow of business.
February 11 -
The fastest growing job roles will be data scientist, machine learning design/development/engineer and data engineer.
January 17