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Big Data - A Game Changer for Insurance Industry (Hardcover)
Loot Price: R2,702
Discovery Miles 27 020
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Big Data - A Game Changer for Insurance Industry (Hardcover)
Series: Emerald Studies in Finance, Insurance, And Risk Management
Expected to ship within 12 - 17 working days
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Big data - unstructured and/or structured data being used to
influence underwriting, rating, pricing, forms, marketing and
claims handling and incentivize risk reduction - is a relatively
recent development in the insurance industry, the data sets
previously being too impossibly great to analyse through
traditional methods. However, with the global capacity to collect
and store data growing alongside advancements in AI and machine
learning technology, insurers need to seriously evaluate their
technology stacks to ensure they can remain competitive and respond
to growing customer demand. Striking a balance between the
technical characteristics of the subject and the practical aspects
of decision making, spanning from fraud analytics in claims
management, to customer analytics, to risk analytics in solvency,
the comprehensive coverage presented makes Big Data an invaluable
resource for any insurance professional. Providing high quality
academic research, Emerald Studies in Finance, Insurance, and Risk
Management provides a platform for authors to explore, analyse and
discuss current and new financial models and theories, and engage
with innovative research on an international scale. Subjects of
interest may include banking, accounting, auditing, compliance,
sustainability, behaviour, management, and business economics.
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