Data Quality Matters: How Insurers are Benefiting from Optimal Processes and Accurate Analysis
Data's value depends on its accuracy, its timeliness and whether it's complete.
Seeking or using unnecessary information could become an impediment in attracting and acquiring customers.
Insurers are acquiring lots of data, but not everyone is maximizing its use.
Information that appears complete may not serve its purpose unless its grounded in accuracy and relevancy.
There is no substitute for actually examining raw data, which often yields surprises in how information is organized and described.
