P&C Insurers: Predictive Modeling is a Must
Personal and commercial P&C insurers say data capture and transformation into useful information has become a critical differentiator of performance within the marketplace, according to a new survey.
January 29, 2013
Where there is data, there is opportunity, said Brian Stoll, director, Property & Casualty practice, Towers Watson. Findings from a new Towers Watson survey indicate that P&C insurers are seeing those opportunities in their data; and according to the “P&C Insurance Predictive Modeling Survey” of small, midsize and large personal and commercial lines carriers, the capture and transformation of data into useful information has turned into a critical differentiator of performance within the marketplace.
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