June 2019 – Insurers recognize the value that data and analytics offer but can have challenges quantifying or realizing that benefit. By focusing on specific use cases tied to the Three Levers of Value (“Sell More,” “Manage Risk Better,” and “Cost Less to Operate”), insurer data and analytics leaders can help set expectations and measure the business value of their initiatives.
This brief includes survey data showing where insurers are deploying analytics and case studies of more than a dozen successful analytics deployments that have resulted in quantified or clearly defined business value.
About the Author
Eric Weisburg
Eric Weisburg is a Senior Principal at Datos Insights. His expertise lies in insurance technology, data, and analytics, and distribution, underwriting, and finance. Eric has over 20 years of LAB and P/C insurance industry, consulting, and IT experience. Prior to Datos Insights, Eric served as Managing Vice President of Strategic Initiatives at Tower Group Companies and VP at AIG, where he...