Transforming insurance with effective use of data

The insurance industry is not the only business to struggle with understanding its data. But the sheer volume of information hitting insurers’ desktops on a daily basis means it cannot ignore the importance of acting now to embrace the latest technology in order to get to grips with the issue.

In addition, the industry faces an important question around managing delegated authorities, which have served the insurance sector well for many years, but can be hard to monitor.

This article studies how insurers can leverage new software to manage and integrate data, whilst meeting regulatory requirements.