Building Your Digital Insurance 2.0 Future on a Robust Data Foundation

In Digital Insurance 2.0, data is a source of competitive advantage for identifying unserved or underserved markets, identifying profitable niches, reducing or eliminating risk, driving channel optimization, enhancing service and improving customer experiences. Combining data from traditional internal and new external sources can improve the richness of information used to make a wide array of business decisions that are increasing the gap between Insurance 1.0 and Digital Insurance 2.0 at an accelerated rate. To realize the benefits of becoming truly data-driven at the company level, insurers must have a broad enterprise data strategy underpinned by a robust enterprise data warehouse and model to capture internal and new, external data sources across multiple systems so that advanced and emerging analytics can be used effectively.
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OTHER ON-DEMAND WEBINARS

Getting on Top of this Year’s Big Issues – CMS Updates and Trends to Improve Compliance Practices

There is certainly no shortage of Medicare Secondary Payer (MSP) compliance issues as we enter the new year! In 2022, liability, workers’ compensation, no-fault, and other insurers will continue to face formidable MSP challenges on many fronts. Now is the time to ensure your compliance practices are up to date to avoid potential liability. This session will help you prepare to deal with Medicare issues this year to ensure that you are on top of the key trends and updates from a practical claims perspective.
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Collaborating to build Bespoke Cyber Insurance Products: Allianz, USI & Lockton

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Cyber-crime is not new, but as the methods of nefarious actors have become more sophisticated, the defensive capabilities of organizations have failed to keep pace. Cyber-attacks on organizations show no signs of abating, they are becoming increasingly indiscriminate in their targeting, with small and medium sized firms now as vulnerable as their larger counterparts. A recent report by Hiscox brings the scale of the problem into sharp relief as according to the study, cyber-attacks against organizations have surged from 38% to 53% in the last 12 months. Despite this surge, however, recent figures show that 68% of North American businesses have yet to purchase any form of cyber insurance.
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About data privacy in insurance: Statice on the Digital Insurance Podcast

statice

What is privacy in general, and privacy in the digital world? What does 'privacy breach' mean from the customer and data perspectives? What are the risks?
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Turning Underwriting Inside Out

In this webinar, we explore a different way of looking at how to improve underwriting; focusing on the needs of the underwriter, not just on the process.
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