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Big Data: Further information available to insurers

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Magazine Issue: 
The digital technology, a new battle field [3]
Magazine date: 
Oct 2016
The new technologies are processing massive amount of data. Insurers are coming gradually to the full realization of the profits they are able to reap in order to customize their products.
Big Data Insurance

The big data, the connected objects, domotic boxes are all designed to better know the insured. The data collected then processed are used not only to define risk profiles, fine preventative measures and adjust tariffs but also to counter fraud, better manage claims, achieve customer loyalty and reignite interactions with their insurer.

The difficulty consists in the effective interlacing of the data of the policyholder and among insured. The information coming from social networks and Internet research have so far not been used.

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Mon, 07/11/2016 - 17:44

Source URL: https://www.atlas-mag.net/en/article/big-data-further-information-available-to-insurers

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[3] https://www.atlas-mag.net/en/issue/the-digital-technology-a-new-battle-field
[4] http://www.atlas-mag.net/en/article/technological-advances-fueling-debates-in-monte-carlo
[5] http://www.atlas-mag.net/en/article/the-new-emerging-risks