Big Data Adoption Lags

A new report from Novarica anticipates a widening analytics gap between large and mid-sized insurers.

INN Breaking News, June 7, 2012

Chris McMahon

While a significant minority of insurers are building, or intend to build, the specialized infrastructure to support big data projects, a report from analyst group Novarica describes the adoption rate of the technology as “tepid,” and anticipates a broadening analytics gap not only between larger insurers and the midsize insurers who will be left behind, but also between other industries and insurance.

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