Dishing on Data – Advice from Data Scientists on How to Leverage Traditional and Non-Traditional Data Sources
In life insurance, measuring prospective customers by one dimension alone can lead to highly inaccurate results.
The pandemic helped to escalate the share of claims that are filed with photos and police diagrams.
Properly organized data is understandable and archivable.
Insurers are utilizing police reports for machine learning and better claims triaging. The biggest challenge is bringing them into conformance.
Looking at a full range of information about damaged property can help insurers more quickly move to loss determinations.