Category Archives: Analytics

Big data is 3-dimensional

Metrics drive risk and claims management. But, is this enough? Risk management is ill-prepared to journey into open waters and chart new routes in metrics. Continue reading →

The frontier of innovation in insurance

Is it really happening? Let’s start with the word insurtech. It’s a mashup of insurance and technology and yes, it is happening right now. On the technology side we are seeing trends that have been coming for a while, including … Continue reading →

How are life insurers planning to use big data and predictive analytics?

Life insurers should think ahead about how they want to use and deploy big data and predictive analytics in order to invest in areas that will be needed to succeed. Continue reading →

How P&C Insurers Are Using, or Plan to Use, Big Data

Big data has become a topic of great interest in the insurance industry over the past few years. Data alone isn’t enough; big data is the focus. As we reviewed insurer responses to our 2015 Predictive Modeling Survey, it became … Continue reading →

Reinsurance and Solvency II: The Challenge of Regulating Diverse Markets

global analytics

If you’ve read any of my past blogs about Solvency II you will know that I have a love/hate relationship with it. I fully believe in and support what Solvency II is trying to do but find the way it … Continue reading →

Building Resilience Around Natural Hazards and Climate Change

A changing climate and rapidly growing exposure to natural catastrophes presents the world with an unprecedented challenge. Continue reading →

2015 El Niño – Impacts on Hurricane Activity and Climate Links to Reinsurance Loss Activity

2015 El Niño As predicted earlier this year, an El Niño event has been developing in the Equatorial Pacific. By most objective metrics, the event looks to be strong, with all defining atmospheric or oceanic variables showing the characteristic El … Continue reading →

Big Data: Is the Property Sector Making the Most of it?

Big data refers to computer analysis of data sets too large for the human mind to process. Trends and patterns, which computer algorithms spot, can offer businesses powerful insight allowing them to be more efficient, to better understand their customers … Continue reading →

Focusing Your Wellness Program Using Data Analytics

human capital data

A large Midwest county that employed 1,400 full-time workers struggled with an internally managed health and wellness program. The county wanted to lower the health risks of its employee population and, ultimately, curb its growing medical plan costs. Continue reading →

How “Big Data” Can Help Employers Improve Their Health Outcomes Strategies

big data medical

As plan sponsors take greater ownership of their medical coverage, the appetite to harness available data has never been greater. Here are just a few reasons why employers need to become even more sophisticated as they use the mountain of … Continue reading →