Big Data Analytics In The Insurance Market

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Big Data Analytics in the Insurance Market

Author : Kiran Sood,Balamurugan Balusamy,Simon Grima,Pierpaolo Marano
Publisher : Emerald Group Publishing
Page : 404 pages
File Size : 50,8 Mb
Release : 2022-07-18
Category : Business & Economics
ISBN : 9781802626377

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Big Data Analytics in the Insurance Market by Kiran Sood,Balamurugan Balusamy,Simon Grima,Pierpaolo Marano Pdf

Big Data Analytics in the Insurance Market is an industry-specific guide to creating operational effectiveness, managing risk, improving financials, and retaining customers. A must for people seeking to broaden their knowledge of big data concepts and their real-world applications, particularly in the field of insurance.

Analytics for Insurance

Author : Tony Boobier
Publisher : John Wiley & Sons
Page : 296 pages
File Size : 52,8 Mb
Release : 2016-08-01
Category : Business & Economics
ISBN : 9781119141099

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Analytics for Insurance by Tony Boobier Pdf

The business guide to Big Data in insurance, with practical application insight Big Data and Analytics for Insurers is the industry-specific guide to creating operational effectiveness, managing risk, improving financials, and retaining customers. Written from a non-IT perspective, this book focusses less on the architecture and technical details, instead providing practical guidance on translating analytics into target delivery. The discussion examines implementation, interpretation, and application to show you what Big Data can do for your business, with insights and examples targeted specifically to the insurance industry. From fraud analytics in claims management, to customer analytics, to risk analytics in Solvency 2, comprehensive coverage presented in accessible language makes this guide an invaluable resource for any insurance professional. The insurance industry is heavily dependent on data, and the advent of Big Data and analytics represents a major advance with tremendous potential – yet clear, practical advice on the business side of analytics is lacking. This book fills the void with concrete information on using Big Data in the context of day-to-day insurance operations and strategy. Understand what Big Data is and what it can do Delve into Big Data's specific impact on the insurance industry Learn how advanced analytics can revolutionise the industry Bring Big Data out of IT and into strategy, management, marketing, and more Big Data and analytics is changing business – but how? The majority of Big Data guides discuss data collection, database administration, advanced analytics, and the power of Big Data – but what do you actually do with it? Big Data and Analytics for Insurers answers your questions in real, everyday business terms, tailored specifically to the insurance industry's unique needs, challenges, and targets.

Big Data

Author : Kiran Sood,Rajesh Kumar Dhanaraj,Balamurugan Balusamy,Simon Grima,R. Uma Maheshwari
Publisher : Emerald Group Publishing
Page : 283 pages
File Size : 44,8 Mb
Release : 2022-07-19
Category : Business & Economics
ISBN : 9781802626070

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Big Data by Kiran Sood,Rajesh Kumar Dhanaraj,Balamurugan Balusamy,Simon Grima,R. Uma Maheshwari Pdf

Striking a balance between the technical characteristics of the subject and the practical aspects of decision making, spanning from fraud analytics in claims management, to customer analytics, to risk analytics in solvency, the comprehensive coverage presented makes Big Data an invaluable resource for any insurance professional.

Big Data Analytics in the Insurance Market

Author : Kiran Sood,Balamurugan Balusamy,Simon Grima,Pierpaolo Marano
Publisher : Emerald Group Publishing
Page : 254 pages
File Size : 47,5 Mb
Release : 2022-07-18
Category : Business & Economics
ISBN : 9781802626391

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Big Data Analytics in the Insurance Market by Kiran Sood,Balamurugan Balusamy,Simon Grima,Pierpaolo Marano Pdf

Big Data Analytics in the Insurance Market is an industry-specific guide to creating operational effectiveness, managing risk, improving financials, and retaining customers. A must for people seeking to broaden their knowledge of big data concepts and their real-world applications, particularly in the field of insurance.

Big Data for Insurance Companies

Author : Marine Corlosquet-Habart,Jacques Janssen
Publisher : John Wiley & Sons
Page : 190 pages
File Size : 42,8 Mb
Release : 2018-01-19
Category : Business & Economics
ISBN : 9781119489283

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Big Data for Insurance Companies by Marine Corlosquet-Habart,Jacques Janssen Pdf

This book will be a “must” for people who want good knowledge of big data concepts and their applications in the real world, particularly in the field of insurance. It will be useful to people working in finance and to masters students using big data tools. The authors present the bases of big data: data analysis methods, learning processes, application to insurance and position within the insurance market. Individual chapters a will be written by well-known authors in this field.

Applied Insurance Analytics

Author : Patricia L Saporito
Publisher : FT Press
Page : 204 pages
File Size : 50,9 Mb
Release : 2014-06-16
Category : Business & Economics
ISBN : 9780133760736

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Applied Insurance Analytics by Patricia L Saporito Pdf

Insurers: use analytics to drive far more value from your most important asset -- data! Today, many insurers radically underutilize their data, leaving them vulnerable to traditional and non-traditional competitors alike. Now, drawing on 25 years of industry experience, Patricia Saporito shows how to systematically leverage analytics to improve business performance and customer satisfaction throughout any insurance business. Applied Insurance Analytics demonstrates how to use analytics to systematically improve operations ranging from underwriting and risk management to claims. Even more important: it will help you drive more value everywhere by defining a focused enterprise-wide analytics strategy, and overcoming the challenges that stand in your way. Saporito helps you assess your current analytics maturity, choose the new applications that offer the most value, and master best practices from throughout the industry and beyond. Throughout, she helps you gain more value from data assets, technologies and tools you've already invested in. You'll find new case studies, practical tools, and easy templates for improving the "Analytics IQ" of your entire enterprise. For every insurance industry professional and manager concerned with analytics, including users, IT pros, sales/marketing specialists, and data scientists. This book will also be valuable to students in any MBA or other program focused on insurance or risk management, and to many students in IT or analytics-specific programs.

The Impact of Climate Change and Sustainability Standards on the Insurance Market

Author : Kiran Sood,Simon Grima,Peter C. Young,Ercan Ozen,Balamurugan Balusamy
Publisher : John Wiley & Sons
Page : 500 pages
File Size : 45,5 Mb
Release : 2023-08-22
Category : Business & Economics
ISBN : 9781394166510

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The Impact of Climate Change and Sustainability Standards on the Insurance Market by Kiran Sood,Simon Grima,Peter C. Young,Ercan Ozen,Balamurugan Balusamy Pdf

The Impact of CLIMATE CHANGE and SUSTAINABILITY STANDARDS on the INSURANCE MARKET The book explores the role of the insurance industry in contributing and responding to the harms that climate change has brought. This book delves into the physical and logical impacts, both direct and indirect, on the insurance industry. Subjects discussed include new technology such as big data, artificial intelligence, machine learning, the growth of sustainable economics with foreign direct investments (FDIs), trustworthiness, and ethics. Related use cases of data science for claim processing, fraud detection and prevention, policy administration, pricing, and underwriting are discussed along with cyber security issues, data protection, and big data regulatory reforms. To promote ESG sustainability, the insurance industry plays a critical and significant role. Climate-related risks are being factored into underwriting and investing strategies. Through their own operations and business activities, insurers may promote the ESG agenda and move towards sustainability. Also discussed are promoting diversity and inclusion, lowering greenhouse gas (GHG) emissions, resolving gender inequality, and helping communities through charitable work, which all improve a company’s brand, reputation, and ESG credentials. Audience The book is specially designed for administrators, lecturers, researchers, students of insurance and sustainability, students in financial services, insurance practitioners, actuaries, loss adjusters, underwriters, regulators, facilities management, utility companies, voluntary organizations, government departments, business leaders, policymakers, decision-makers, investors, risk managers, compliance managers, and audit managers amongst many others.

New Horizons for a Data-Driven Economy

Author : José María Cavanillas,Edward Curry,Wolfgang Wahlster
Publisher : Springer
Page : 303 pages
File Size : 49,6 Mb
Release : 2016-04-04
Category : Computers
ISBN : 9783319215693

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New Horizons for a Data-Driven Economy by José María Cavanillas,Edward Curry,Wolfgang Wahlster Pdf

In this book readers will find technological discussions on the existing and emerging technologies across the different stages of the big data value chain. They will learn about legal aspects of big data, the social impact, and about education needs and requirements. And they will discover the business perspective and how big data technology can be exploited to deliver value within different sectors of the economy. The book is structured in four parts: Part I “The Big Data Opportunity” explores the value potential of big data with a particular focus on the European context. It also describes the legal, business and social dimensions that need to be addressed, and briefly introduces the European Commission’s BIG project. Part II “The Big Data Value Chain” details the complete big data lifecycle from a technical point of view, ranging from data acquisition, analysis, curation and storage, to data usage and exploitation. Next, Part III “Usage and Exploitation of Big Data” illustrates the value creation possibilities of big data applications in various sectors, including industry, healthcare, finance, energy, media and public services. Finally, Part IV “A Roadmap for Big Data Research” identifies and prioritizes the cross-sectorial requirements for big data research, and outlines the most urgent and challenging technological, economic, political and societal issues for big data in Europe. This compendium summarizes more than two years of work performed by a leading group of major European research centers and industries in the context of the BIG project. It brings together research findings, forecasts and estimates related to this challenging technological context that is becoming the major axis of the new digitally transformed business environment.

Big Data Analytics

Author : Anirban Mondal,Himanshu Gupta,Jaideep Srivastava,P. Krishna Reddy,D.V.L.N. Somayajulu
Publisher : Springer
Page : 429 pages
File Size : 41,8 Mb
Release : 2018-12-11
Category : Computers
ISBN : 9783030047801

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Big Data Analytics by Anirban Mondal,Himanshu Gupta,Jaideep Srivastava,P. Krishna Reddy,D.V.L.N. Somayajulu Pdf

This book constitutes the refereed proceedings of the 6th International Conference on Big Data analytics, BDA 2018, held in Warangal, India, in December 2018. The 29 papers presented in this volume were carefully reviewed and selected from 93 submissions. The papers are organized in topical sections named: big data analytics: vision and perspectives; financial data analytics and data streams; web and social media data; big data systems and frameworks; predictive analytics in healthcare and agricultural domains; and machine learning and pattern mining.

The Global Insurance Market and Change

Author : Anthony A Tarr,Julie-Anne Tarr,Maurice Thompson,Dino Wilkinson
Publisher : Taylor & Francis
Page : 376 pages
File Size : 47,5 Mb
Release : 2023-10-18
Category : Law
ISBN : 9781000953183

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The Global Insurance Market and Change by Anthony A Tarr,Julie-Anne Tarr,Maurice Thompson,Dino Wilkinson Pdf

This book focuses on the global landscape in which insurance is transacted, and where it is evolving, driven from within by transformative technologies and externally by the necessity to address risks like climate change and health crises, such as the COVID-19 pandemic. It discusses the dynamic challenges and opportunities that lie ahead for the industry in areas such as on-demand insurance, embedded insurance, parametric insurance, autonomous vehicles, the rise of fintech, the cyber risk landscape and through initiatives driven by distributed ledger technology or blockchain solutions. Moreover, it covers the major external challenges confronting the global insurance market, such as the growing insurance protection gap in relation to the affordability and insurability of natural catastrophes and climate change, and pandemics like COVID-19. This book examines innovations in insurance driven by the industry as well as externally imposed changes and dynamics impacting the industry. It describes these changes, the industry’s responses and the legal framework in which they occur. It canvasses additional regulatory and law reform initiatives that may be necessary to achieve an effective balance between the various competing interests. The book is the first to address these matters holistically with a particular focus upon insurance law, it will describe these changes and industry responses and the legal framework in which they occur. The Global Insurance Market will be directly relevant to legal professionals, insurers, insurtechs, fintechs, brokers, CEOs of insurance companies, risk managers, legal counsel, academics, researchers, the judiciary, and policy makers. It will also serve as a valuable resource for students of all levels.

The Application of Emerging Technology and Blockchain in the Insurance Industry

Author : Kiran Sood,Simon Grima,Ganga Sharma,Balamurugan Balusamy
Publisher : CRC Press
Page : 372 pages
File Size : 48,5 Mb
Release : 2024-02-20
Category : Computers
ISBN : 9781003811503

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The Application of Emerging Technology and Blockchain in the Insurance Industry by Kiran Sood,Simon Grima,Ganga Sharma,Balamurugan Balusamy Pdf

This book is a unique guide to the disruptions, innovations, and opportunities that technology provides the insurance sector and acts as an academic/industry-specific guide for creating operational effectiveness, managing risk, improving financials, and retaining customers. It also contains the current philosophy and actionable strategies from a wide range of contributors who are experts on the topic. It logically explains why traditional ways of doing business will soon become irrelevant and therefore provides an alternative choice by embracing technology. Practitioners and students alike will find value in the support for understanding practical implications of how technology has brought innovation and modern methods to measure, control, and evaluation price risk in the insurance business. It will help insurers reduce operational costs, strengthen customer interactions, target potential customers to provide usage-based insurance, and optimize the overall business. Retailers and industry giants have made significant strides in adopting digital platforms to deliver a satisfying customer experience. Insurance companies must adjust their business models and strategies to remain competitive and take advantage of technology. Insurance companies are increasingly investing in IT and related technologies to improve customer experience and reduce operational costs. Innovation through new technologies is a key driver of change in the financial sector which is often accompanied by uncertainty and doubt. This book will play a pivotal role in risk management through fraud detection, regulatory compliances, and claim settlement leading to overall satisfaction of customers.

Big Data Analytics for Risk and Insurance

Author : Michael W. Elliot
Publisher : Unknown
Page : 0 pages
File Size : 43,6 Mb
Release : 2020
Category : Big data
ISBN : 0894623923

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Big Data Analytics for Risk and Insurance by Michael W. Elliot Pdf

Contemporary Issues in Communication, Cloud and Big Data Analytics

Author : Hiren Kumar Deva Sarma,Valentina Emilia Balas,Bhaskar Bhuyan,Nitul Dutta
Publisher : Springer Nature
Page : 466 pages
File Size : 52,8 Mb
Release : 2021-11-30
Category : Technology & Engineering
ISBN : 9789811642449

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Contemporary Issues in Communication, Cloud and Big Data Analytics by Hiren Kumar Deva Sarma,Valentina Emilia Balas,Bhaskar Bhuyan,Nitul Dutta Pdf

This book presents the outcomes of the First International Conference on Communication, Cloud, and Big Data (CCB) held on December 18–19, 2020, at Sikkim Manipal Institute of Technology, Majitar, Sikkim, India. This book contains research papers and articles in the latest topics related to the fields like communication networks, cloud computing, big data analytics, and on various computing techniques. Research papers addressing security issues in above-mentioned areas are also included in the book. The research papers and articles discuss latest issues in the above-mentioned topics. The book is very much helpful and useful for the researchers, engineers, practitioners, research students, and interested readers.

Big Data Analytics and Intelligence

Author : Poonam Tanwar,Vishal Jain,Chuan-Ming Liu,Vishal Goyal
Publisher : Emerald Group Publishing
Page : 392 pages
File Size : 45,8 Mb
Release : 2020-09-30
Category : Business & Economics
ISBN : 9781839090998

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Big Data Analytics and Intelligence by Poonam Tanwar,Vishal Jain,Chuan-Ming Liu,Vishal Goyal Pdf

Big Data Analytics and Intelligence is essential reading for researchers and experts working in the fields of health care, data science, analytics, the internet of things, and information retrieval.

Manufacturing Engineering and Materials Science

Author : Abhineet Saini,B. S. Pabla,Chander Prakash,Gurmohan Singh,Alokesh Pramanik
Publisher : CRC Press
Page : 385 pages
File Size : 54,8 Mb
Release : 2023-11-15
Category : Technology & Engineering
ISBN : 9781000983456

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Manufacturing Engineering and Materials Science by Abhineet Saini,B. S. Pabla,Chander Prakash,Gurmohan Singh,Alokesh Pramanik Pdf

This book, which is part of a two-volume handbook set, gives a comprehensive description of recent developments in materials science and manufacturing technology, aiming primarily at its applications in biomedical science, advanced engineering materials, conventional/non-conventional manufacturing techniques, sustainable engineering design, and related domains. Manufacturing Engineering and Materials Science: Tools and Applications provides state-of-the-art research conducted in the fields of technological advancements in surface engineering, tribology, additive manufacturing, precision manufacturing, electromechanical systems, and computer-assisted design and manufacturing. The book captures emerging areas of materials science and advanced manufacturing engineering and presents the most recent trends in research for emerging researchers, field engineers, and academic professionals.