Cloudera

NOVEMBER 16, 2020

The insurance industry has a long and intimate relationship with fraud in many different ways. Insurance fraud can take place at a process or business function level, most notably in claims or underwriting. The different venues to commit fraud against an insurer are mind-boggling, with serious financial consequences.

Insurance 101

Insurance ROI Marketing Machine Learning 101

Cloudera

OCTOBER 28, 2021

I’ve had the pleasure to participate in a few Commercial Lines insurance industry events recently and as a prior Commercial Lines insurer myself, I am thrilled with the progress the industry is making using data and analytics. Another historic example is crop and livestock insurance in Germany in the 1700s.

Insurance 97

Insurance Risk Unstructured Data Data-driven 97

Cloudera

AUGUST 12, 2021

A data-driven approach to talent management and development brings about greater transparency, reduced attrition and more effective training and enablement. A 2020 retention report by the Work Institute revealed that over 42 million employees in the US left their jobs voluntarily in 2019, and this trend appeared to be increasing.

Data-driven 111

Data-driven Manufacturing Insurance Risk Management 111

Cloudera

FEBRUARY 15, 2024

While there are clear reasons SVB collapsed, which can be reviewed here , my purpose in this post isn’t to rehash the past but to present some of the regulatory and compliance challenges financial (and to some degree insurance) institutions face and how data plays a role in mitigating and managing risk. Well, sort of.

Insurance 88

Insurance Data Architecture Risk Management Risk 88

CIO Business Intelligence

APRIL 15, 2022

Organizations across every industry have been and continue to invest heavily in data and analytics. But like oil, data and analytics have their dark side. According to CIO’s State of the CIO 2022 report, 35% of IT leaders say that data and business analytics will drive the most IT investment at their organization this year.

Analytics 145

Analytics Machine Learning Insurance Testing 145

erwin

APRIL 18, 2019

These include: Medical information covered by the Confidentiality of Medical Information Act (CMIA) and the Health Insurance Portability and Accountability Act (HIPAA). Clinical trial data. Information sold to or by consumer reporting agencies. Personal information covered by the Gramm-Leach-Bliley Act (GLBA). A Regulatory EDGE.

Data Governance 81

Data Governance Metadata Data Collection Data-driven 81

Sisense

DECEMBER 11, 2019

And he explained that the leap to visual-based data discovery put analytics in the hands of data experts working in different lines of business, rather than in IT, where bottlenecks could previously occur, and reporting could take much longer. Kongregate has been using Periscope Data since 2013. A true unicorn.

Data Lake 80

Data Lake Big Data Sales Data-driven 80