Dishing on Data – Advice from Data Scientists on How to Leverage Traditional and Non-Traditional Data Sources
Combing claims data with weather information can help insurers more quickly forecast loss and evaluate risk.
Looking at a full range of information about damaged property can help insurers more quickly move to loss determinations.
The pandemic helped to escalate the share of claims that are filed with photos and police diagrams.
Assessing test information over time can show which results are outliers and which define trends.
In life insurance, measuring prospective customers by one dimension alone can lead to highly inaccurate results.