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Using Technology to Grow Relationship Value in Insurance?

Decision Management Solutions

In February, we published a blog post on “Using Technology to Add Value in Insurance.” In that post, I referenced Matt Josefowticz’s recent article – Technology May be the Answer for Insurers, but What Was the Question? , in which he argues that there are only three levers of value in insurance: 1. Sell More.

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Predictive Analytics: 4 Primary Aspects of Predictive Analytics

Smart Data Collective

This can cause certain business problems with both your data points as well as your data analytics, web analytics , and response variable. Many business processes are trending towards the utility of the business intelligence sphere, especially where certain predictive analytics tools are concerned.

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Predictive Analytics: The Next Frontier of Business Intelligence

Sisense

Tie-in to business objectives: Predictive analytics don’t exist for their own good. They must support broader business goals. Nonemergency applications of predictive analytics in healthcare could include predicting hospital facilities utilization, modifying pharmaceutical formulas, or creating insurance plans.

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How Mapfre gets cloud to coexist with its tech model ambitions

CIO Business Intelligence

With 90 years of history, Mapfre is one of the giants of the Spanish insurance sector. The personalization of services and products is going to be fundamental in the insurance sector,” she says, an aspect she’s spearheading, along with a commitment to data and AI. “The Here, she speaks with Esther Macías on how it’ll all work.

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Navigating the cloud maze: A 5-phase approach to optimizing cloud strategies

CIO Business Intelligence

It prevents vendor lock-in, gives a lever for strong negotiation, enables business flexibility in strategy execution owing to complicated architecture or regional limitations in terms of security and legal compliance if and when they rise and promotes portability from an application architecture perspective.

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New regulation intensifies focus on IT risk management and operational resilience

CIO Business Intelligence

The regulation impacts a broad spectrum of financial institutions, including banks, brokers, credit institutions, insurance companies, and payments processors. With dozens of specific rules, DORA’s reach is extensive and far-reaching. Learn more about DORA and how BMC can help. Visit here for more information or contact BMC.

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Access Amazon Redshift data from Salesforce Data Cloud with Zero Copy Data Federation

AWS Big Data

Amazon Redshift is a fast, fully managed, petabyte-scale data warehouse service that makes it simple and cost-effective to efficiently analyze all your data using your existing business intelligence (BI) tools. This facilitates cross-selling of other financial products.

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