Insurance is a data-rich industry. Many insurers are overloaded with data, but the trick is to turn that data into insightful information for better decision-making. The uncertainty of the current economic climate underscores the need to collect, transform and analyze data to help better manage growth, costs and risks throughout the organization.
Business intelligence is the secret to success for a growing number of insurance executives. Consider the wide-ranging of areas of focus for business intelligence programs:
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