Insights from the Insurity Valen Analytics 2020 Outlook Report
The common quest for profitable growth in insurance has been elusive over the past two decades for many P/C companies. It is not for lack of data about which risks to underwrite. Insurers are awash in information, from internal as well as external sources. What’s needed is insight in the right places, from risk assessment, to underwriting, to claims.
Easier said than done.
Although insurance remains largely rooted in traditional processes for pricing risks and placing coverage, insurance organizations’ evolving approach to analytics has advanced to the point that additional leaps forward are possible.
This free report offers a look at how the insurance industry will continue making strides in 2020 and beyond, from more effective use of analytics and granular data, to becoming smarter about risks, to getting real-time answers to questions that can guide everyday business decisions.
Download the complete report to learn more about:
- The maturity of analytics
- AI and the future of insurance
- Trends in underwriting analytics
- Market share consolidation in commercial lines
- New research on the impact of integrated data analytics on growth
- Top considerations