Prescriptive Analytics Can Make Big Data Pay Big | PropertyCasualty360

Data, Analytics and Ma...Workers Compensation
Written By Paul Hughes

Big data combined with prescriptive analytics this article will take a closer look at pricing decisions. One of the most important decisions an insurer makes is around pricing.

Maturing analytics tools and the recognition of the value in big data have created the perfect storm for insurers when it comes to enabling and leveraging business hindsight, insight, and foresight.  While big data plus analytics tools offer a world of opportunity when it comes to making optimal business decisions, the complexity of both will require time for insurers to fully understand, embrace, and…

Read More: Prescriptive Analytics Can Make Big Data Pay Big | PropertyCasualty360.

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Paul Hughes
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