Driving a Data-Fueled Insurance Business with Holistic Data Management

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Read the latest research by IDC about maximizing the value of data in the insurance industry

New regulatory/accounting requirements, changing customer expectations and a competitive market are leading many insurance companies to re-evaluate their approach to data management and assess whether they can derive more value from the data that is available to them.

Industry analysts IDC conducted a global survey of 125 insurance professionals (including representatives from life, auto, health, casualty, property and marine insurers) to understand which data projects they are prioritizing; the hurdles they face; and the solutions they have found.

Complete with analysis and recommendations from IDC, this white paper covers a range of topics including:

  • Emerging data-fueled use cases (such as intelligent regulatory reporting, intelligent customer onboarding and intelligent underwriting)
  • Preparations for IFRS 17
  • Risk pricing and mitigation
  • The role of the cloud and managed services
  • Data management priorities for 2021
  • And more

To learn more about EDM, please visit ihsmarkit.com/edm