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Analytics for Insurance - The Real Business of Big Data 2016

Analytics for Insurance - The Real Business of Big Data (2016)

This ebook aims to be some sort of guide for those looking to occupy either no-man’s land or the higher ground, however they see it.

It doesn’t set out to be either a compendium of insurance, nor of technology.

Others with a more independent viewpoint can do this elsewhere, and provide ‘real time’ assessment.
For those readers who, like myself, are ‘longer in the tooth’ there is also a different, perhaps harder challenge, which is that of learning to forget old approaches in a new dynamic world.

Finally, I have attempted to offer some thoughts about implementation. Many insurers have a notion that they want to become ‘analytical’ but their challenge seems to be implementation.
They think about the ‘what’ but struggle with the ‘how.’ At a time when many if not all insurers will want to jump on the data and analytics bandwagon, what are the issues around putting this into practice, and how might they be overcome? At a time when ‘agile’ is the trend, how might this be accommodated into our rather conservative industry?

So in conclusion, this book reflects what I have personally learned on my own journey. Emotional ups and downs; floods and droughts; risks and realities; integrity and fraud; suppliers and supplied to; inspectors and inspected; and the rest. It’s really been quite a trip.
Tony Boobier
February 2016
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