Report

Data and Analytics in Insurance: Building the Business Case

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June 2019 – Insurers recognize the value that data and analytics offer but can have challenges quantifying or realizing that benefit. By focusing on specific use cases tied to the Three Levers of Value (“Sell More,” “Manage Risk Better,” and “Cost Less to Operate”), insurer data and analytics leaders can help set expectations and measure the business value of their initiatives.

This brief includes survey data showing where insurers are deploying analytics and case studies of more than a dozen successful analytics deployments that have resulted in quantified or clearly defined business value.

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