02. Why Insurers Participate in Contributory Databases

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Better decision data, better pricing information and easier reporting are among the prime reasons.

 

01. Contributory Databases Explained

A contributory database is a collection of data from a group of contributing companies. The impact can be far greater than the sum of the numbers.
 

05. Mature Databases Versus Newly Launched

Databases gain value with each new data element, but that doesn't mean participants have to wait to begin gaining analytical value.
 

07. Regulatory and Consumer Protection Concerns

Contributory databases are powerful but must comply with regulatory frameworks and legal constraints.
 

08. Safeguarding Data Privacy

Insurers participating in contributory databases need to scrutinize their own data collection and retention practices.
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