On24
Paul Carroll Editor-in-Chief and Dr. Michel Leonard, CBE, head of the Triple-I’s Economics and Analytics Department, discuss the Triple-I’s latest Insurance Economics Outlook for Q4 2021 Soft Landing, Headwinds, and Rebound focusing on this year’s unusually wide range of growth and inflation forecasts and key performance indicators for the P&C industry in 2021.
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With the recent and rapid changes to the modern tech stack, including new automation tools, how should insurance companies leverage data and define data science success?
To effectively use data, insurance companies must overcome what has historically been an extremely siloed structure that keeps data separate from the work of insurance.
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Competing effectively in today’s fast-paced property marketplace means that “good enough” data isn’t good enough anymore. Starting with the most reliable component-based replacement cost estimate helps support insurance-to-value, protecting both the policyholder and the insurer.
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ahip.org
Healthcare organizations need detailed data to gain an in-depth understanding of specific populations and their health concerns so they can design effective outreach programs, manage care, and contain costs. But health risk assessment (HRA), claims, and enrollment data are no longer enough - they dont provide the consumer insights needed to pinpoint communications, marketing and other outreach strategies.
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