Role of Big Data Analytics in Insurance

Insight categories: AI and MLFinancial Services

Data in the insurance industry is increasing exponentially, with a 90% increase in the last two years. This big data cannot be managed efficiently using old technologies but requires next-generation solutions.

How can the insurance industry work with big data to price policies, settle claims, analyze customer behavior, detect fraud, and map threats? Learn about big data’s 3 V’s, big data analysis and its benefits, and how to work with unstructured data. Then, examine some big data use cases in the insurance sector.

Authors

4aa901e7ab8295f07139911c8bed1ae6?s=256&d=mm&r=g

Author

Dr. Param Jeet

View all Articles

ppt-Subodh-Pandey_8570189

Author

Subodh Kant Pandey

Senior Consultant

View all Articles

Top Authors

Apurva Chaturvedi

Apurva Chaturvedi

Senior Manager

Sandeep Gill

Sandeep Gill

Consultant

Yuriy Yuzifovich

Yuriy Yuzifovich

Chief Technology Officer, AI

Richard Lett

Richard Lett

VP of Healthcare Technology

All Categories

  • URL copied!