Unleashing the value of advanced analytics in insurance

Advanced analytics can transform how insurers do business, but realizing its potential requires complex, large-scale organizational changes.

In any major change effort, there is value in starting small and experimenting in order to learn what will work in a given company.

Weaving analytics into the fabric of an organization is a journey. Every organization will progress at its own pace, from fragmented beginnings to emerging influence to world-class corporate capability. As participants gain experience, pilots help shape an operating model for future rollouts. In the discipline of analytics, the more testing that is performed, learning that is achieved, and new data and knowledge that is applied within the organization, the better the decisions and the outcomes will be.

by Richard Clarke and Ari Libarikian

Full Story: http://www.mckinsey.com/insights/financial_services/unleashing_the_value_of_advanced_analytics_in_insurance?cid=other-eml-nsl-mip-mck-oth-1409

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Inteneo Systems – We start with a few simple questions and a couple of your data sets to begin the process of helping everyone in your organization do their job better by using a system that they helped build specifically for your company.
http://www.inteneosystems.com 406-531-8119