Kin Insurance’s Post

Despite all of the talk of #digital and #data, often I see strategy still constrained by thinking which is based on moving paper around. I think we need to be more willing to start with a clean sheet (yeah, I know) and think differently. Short but sweet discussion with InsurTech Digital on the topic. I’m curious as to where people are seeing practical examples of different thinking and tearing up the old rule book or are we too in love with paper? I’m done with the paper analogies now. https://lnkd.in/ecRfDWrA

Going down the path of claims transformation begins with a journey toward creating a solid data hub that democratizes valuable data

Data analytics and sales technology are revolutionizing the insurance industry, empowering insurers to deliver a more efficient and customer-centric experience. Let's explore how these forces are transforming the landscape:

Fresh off the True blog: Unlock the Power of Advanced Analytics 📊 Ever wondered how advanced analytics can give you a competitive edge in insurance? Check out our latest feature which spotlights key benefits like: ✨ Real-time Performance Insights: Spot inefficiencies and track KPIs instantly. ✨ Smarter Decision-Making: Use predictive analytics to forecast trends and assess risks. ✨ Enhanced Customer Experience: Personalize services with data-driven insights. 👓 Read on to learn how these advantages can transform your operations: https://lnkd.in/eTdV3Af8 #Insurance #WorkersComp #Data #Analytics #Performance #ExperienceTrue

Great perspective from Kim Pfiffner, VP & CIO - U.S. Insurance Solutions at Principal Financial Group. Kim was on a panel at Insurtech Insights earlier today focusing on “How to Prepare Your Life and Annuities Data for Analytics, Automation and AI”. Some clear takeaways… Hub and spoke model for ML operations and data governance: - Place the spokes closer to the business to leverage business knowledge effectively. - Have a clear vision and strategy for how you want your data landscape to look. - Assess your strategic priorities. Best advice for automation and data: - Commit to building the right foundation and demonstrating value early. - Nothing loses interest faster than seeing the value payoff 3-4 years down the line.

One of our #insurance industry clients, HAI Group, recognized the limitations of their outdated tech systems in meeting customer and employee expectations. To achieve their goals, they partnered with Centric to develop a unified analytics platform that facilitates growth and data-driven decision-making. Check out the client story to learn more about this exciting collaboration! 🚀 #analytics #datadriven #techpartnership https://rb.gy/qb44st

Big data and advanced analytics are revolutionizing the auto insurance industry, enabling insurers to make more informed decisions, improve customer experience, and boost profitability. By harnessing the power of data, insurers can gain deeper insights into customer behavior, risk factors, and claims patterns.

In the dynamic world of insurance, staying ahead means leveraging the power of data analytics. Our blog post "5 Use Cases for Driving Value With Insurance Analytics" dives deep into how insurers can unlock new opportunities, enhance customer experiences, and streamline operations through advanced data analytics. Don't miss out on learning how to turn data into actionable intelligence and drive your insurance business forward. https://hubs.ly/Q02Kl-K_0 #Insurance #DataAnalytics #InsuranceTech #CustomerExperience #ValueMomentum

Leveraging advanced analytics is more crucial than ever for gaining a competitive edge in the insurance industry. Our latest blog highlights the key advantages of integrating advanced analytics into your operations: 🔵 Increased Visibility into Performance Metrics: Gain comprehensive, real-time insights into your operations to identify inefficiencies and track KPIs. 🔵 Optimized Decision-Making: Leverage predictive analytics and machine learning to forecast trends, assess risks, and make proactive decisions. 🔵 Enhanced Customer Satisfaction: Personalize services by analyzing customer data, anticipating needs, and delivering targeted solutions. ➡️ Learn more how these advantages can transform your organization and drive growth: https://hubs.la/Q02GXS6k0 #Insurance #WorkersComp #Data #Analytics #Performance #ExperienceTrue

Dirty Data, Dirty Profits: Why Data Quality is Critical for Insurers? https://lnkd.in/dcxxv_Wm #becausedatamatters #datalab #dataquality #dqcloud #addressvalidation #addresscapture #loveyourdata Uniserv | Customer Data Experts