Data-driven decision making to guide insurance pricing at renewal

The insurance market is entering a period of great change: from a compliance perspective; from a customer expectation perspective; from a competition and insurance pricing perspective. That is all aside from the changes arising from hybrid working, the ongoing implications of the pandemic, Brexit and the move towards net zero.

Data-driven decision making will become increasingly important across all parts of an insurance business, not least in risk assessment. Those insurance providers that effectively deploy near real-time, accurate, proven, predictive data through each stage of the customer journey will be more nimble and agile in response to the changing market dynamics.

Read this blog to find out more.