Importance of Predictive Analytics in Insurance

Page 3

Introduction

As known, data is the centre of the insurance industry. Predictive Analytics provides insurers with the means to gather and process more data. It enables insurance businesses to utilize quality data for better risk mitigation, improved policy formation, timely fraud detection and improved customer satisfaction.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.