Jet Global

JUNE 5, 2020

What Is an Insurance KPI? An insurance Key Performance Indicator (KPI) or metric is a measure that an insurance company uses to monitor its performance and efficiency. Insurance metrics can help a company identify areas of operational success, and areas that require more attention to make them successful.

Insurance 59

Insurance Metrics Reporting KPI 59

Alation

APRIL 13, 2021

He shows how Texas Mutual Insurance Company has embraced data governance to build trust in data. Through the Snowcase program, we highlighted how Snowflake and Alation help joint customers with data governance in the insurance industry. In this blog, Chris shows how Snowflake and Alation together accelerate data culture.

Insurance 98

Insurance Data Governance Data-driven Data Quality 98

Jet Global

AUGUST 17, 2020

A finance department Key Performance Indicator (KPI) or metric is a clearly defined quantifiable measure used to evaluate a company’s financial performance. Internally, companies use financial metrics to evaluate prospective investments and track internal performance from a financial perspective.

Finance 98

Finance Metrics KPI Key Performance Indicator 98

Occam's Razor

JANUARY 4, 2016

They make silly user experience decisions (Searching for car insurance options? The specific metric I've been mad about since day one of this blog ( May 14th, 2006! ) Metrics create incentives, bad metrics create bad incentives. Combine Results / Metrics Performance. #5. Sucks to be you Visitor!).

Metrics 89

Metrics Analytics Cost-Benefit Key Performance Indicator 89

CIO Business Intelligence

MARCH 19, 2025

Mark Brooks, who became CIO of Reinsurance Group of America in 2023, did just that, and restructured the technology organization to support the platform, redefined the programs success metrics, and proved to the board that IT is a good steward of the dollar. One significant change we made was in our use of metrics to challenge my team.

Metrics 64

Metrics Enterprise Cost-Benefit Experimentation 64

Rocket-Powered Data Science

OCTOBER 16, 2020

senior executives across eight industries: agriculture, banking, exhibitions, government, healthcare, insurance, legal, and science/medical. The sectors with the greatest increases in investment were insurance, banking, and agriculture, followed closely by healthcare and science/medical.

Strategy 198

Strategy Insurance Snapshot Digital Transformation 198

Occam's Razor

JANUARY 20, 2010

End of a minor web analytics lesson on going beyond obvious metrics and never, ever, never forgetting context. Of course look at our favorite metric bounce rate by keyword (that tells you if you can get people to give you one solitary click , the most primitive measure of SEO success). Back to our story. Two words: Long Tail!

Metrics 90

Metrics B2B Analytics Measurement 90

Cloudera

APRIL 7, 2021

Insurance carriers have a unique opportunity: They have access to powerful technologies and a wealth of information that can help them to better understand their customers and provide an enhanced customer experience. . In a March 2021 poll by Celent , “improving customer experience” was identified as the top focus (63%) for insurers.

Insurance 59

Insurance Digital Transformation Internet of Things IoT 59

CIO Business Intelligence

JANUARY 21, 2025

Other document processing use cases include conducting clinical trials in life sciences, loan underwriting in retail banking, and insurance claims processing. In 2024, departments and teams experimented with gen AI tools tied to their workflows and operating metrics. Why should CIOs bet on unifying their data and AI practices?

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

FineReport

AUGUST 13, 2021

Insurance companies provide risk management in the form of insurance contracts. Industry-specific, comprehensive, and reliable data management and presentation have become an issue of increasing concern in the insurance industry. The insurance dashboard is one of the most commonly used data display methods.

Insurance 52

Insurance Dashboards KPI Analytics 52

O'Reilly on Data

OCTOBER 11, 2022

As a result, your relationship to many important financial metrics changes. The second needs to feed back into the metrics and dashboards for monitoring the system’s behavior. You always know your cash flow; you always know your credit line. Audits take on a completely different meaning because the business is always auditing itself.

Data Integration 353

Data Integration Insurance Dashboards Data-driven 353

Corinium

APRIL 25, 2019

Ahead of the Chief Data Analytics Officers & Influencers, Insurance event we caught up with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity to discuss how the industry is evolving. Are you seeing any specific issues around the insurance industry at the moment that should concern CDAOs?

Insurance 150

Insurance Risk IoT Data-driven 150

datapine

MAY 6, 2022

Linking purchase orders to bills of lading plus relevant insurance documents and insurance paperwork helps you file claims more quickly when something goes wrong. Use the platform you live on to your advantage based on your company’s most important supply chain metrics & KPIs.

Management 229

Management Sales Insurance Dashboards 229

CIO Business Intelligence

MAY 28, 2022

As the Boston-based insurance company’s journey to the cloud has unfolded, it has also maintained a select set of datacenters from which to run legacy applications more economically than they would on the cloud, as well as software from vendors that make licensing on the cloud less attractive. “It

Insurance 145

Insurance Machine Learning Digital Transformation Cost-Benefit 145

Jet Global

SEPTEMBER 29, 2020

A retail Key Performance Indicator (KPI) or metric is a clearly defined and quantifiable measure that can be used to assess the performance of a retail business. These performance metrics can be used in a variety of ways. This retail performance metric tracks how much it costs you to acquire or manufacture your goods.

Metrics 64

Metrics Reporting KPI Sales 64

Occam's Razor

APRIL 30, 2018

I cannot stress enough that these results can be positive (for the ad business and, in this case, the sales of insurance products). Blasting ads on TV does cause a teeny tiny micro percentage to buy insurance – a fact provable via Matched Market Tests, Media Mix Models. For entirely understandable reasons. Why not global maxima?

Advertising 118

Advertising Metrics Measurement Insurance 118

CIO Business Intelligence

MAY 1, 2024

And commercial insurance is a vertical Docugami CEO Jean Paoli says has been an early adopter, including statements of value, certificates of insurance, as well as policy documents with renewal dates, penalties, and liabilities. I can see this as a productivity capability and an efficiency improvement for my workforce,” she says.

Cost-Benefit 143

Cost-Benefit Metrics Insurance Measurement 143

FineReport

OCTOBER 8, 2021

Group your metrics logically. TIPS 2: Metrics you can track on a strategic dashboard must be relevant to your target. Good metrics can direct the future of work. We might divide the most common uses and metrics of strategic dashboards due to a business unit they’re suitable for: Investment dashboard. Profit Center.

Dashboards 98

Dashboards KPI Metrics Insurance 98

CIO Business Intelligence

DECEMBER 11, 2024

Across industry verticals, healthcare and life science lead the way with 38% of companies having either integrated or transformative approaches to AI, followed by insurance and banking with 37% and 30% respectively. Issues around data governance and challenges around clear metrics follow the top challenge areas.

ROI 59

ROI Experimentation Insurance Strategy 59

AWS Big Data

JUNE 26, 2023

Overview of solution In this post, we go through the various steps to apply ML-based fuzzy matching to harmonize customer data across two different datasets for auto and property insurance. Transform raw insurance data into CSV format acceptable to Neptune Bulk Loader , using an AWS Glue extract, transform, and load (ETL) job.

Insurance 98

Insurance Visualization Data Lake Metrics 98

Occam's Razor

JANUARY 4, 2021

Know the difference between Metrics & KPIs. A metric is a number. A KPI is a metric that helps you understand how you are doing against your objectives! You, your agency, your IT team, your search marketing co-worker, your email optimization co-worker, all the folks who make tactical decisions need to see metrics.

Reporting 113

Reporting Analytics Metrics Visualization 113

Occam's Razor

FEBRUARY 22, 2011

Just when you thought you were finally getting more comfortable with website analytics and the metrics you report, here comes the massive explosion of mobile data! At one level it is the normal impressions and clicks data, but on another level we are getting new data and metrics we normally don't use. Couple of quick caveats: 1.

Analytics 113

Analytics Advertising Metrics Measurement 113

Jet Global

OCTOBER 5, 2021

How to Identify the Right Pharmaceutical Metrics. A good KPI program doesn’t need a large quantity of metrics. It needs a dedicated team that diligently tracks and reviews a few vital metrics. Research has shown that the most effective KPI programs have a holistic approach and include metrics from all sectors of a business.

Metrics 52

Metrics Reporting KPI Measurement 52

bridgei2i

JULY 8, 2020

And if you’re a banker or an insurer, you’re probably busy figuring out how to measure these risks, mobilize these resources, and fund capital that’s going to provide strong growth. Effectiveness, which is, how can any form of digital information help us drive business metrics.

Digital Transformation 132

Digital Transformation Enterprise Insurance Risk 132

Jet Global

JULY 8, 2020

A distribution Key Performance Indicator (KPI) or metric is a measure that a company in the distribution sector uses to monitor its performance and efficiency. These metrics help companies identify areas of operational success and failure through measuring specific quantifiable aspects of their business.

Metrics 52

Metrics Reporting KPI Key Performance Indicator 52

Cloudera

NOVEMBER 16, 2022

Tracks represented financial services, insurance, retail and consumer packaged goods, and healthcare. Some examples provided across the financial services and insurance sessions included: Related to the focus on business impacts were discussions on how to measure the value enabled by the data office.

Insurance 81

Insurance Cost-Benefit Metrics Measurement 81

Occam's Razor

JULY 31, 2006

Conversion rate is a very important metric, used properly. More importantly being a practitioner I feel metric definitions should incorporate on the ground reality and using Unique Visitors accommodates that reality. It is only fair to follow up a post titled " Stop obsessing about conversion rate " with this post.

Analytics 115

Analytics Metrics Measurement Reporting 115

Smart Data Collective

DECEMBER 9, 2020

This data is obviously important, because the nature of a vehicle and driver demographics will always be part of any sensible risk scoring metric. In addition to helping the government, it can also help insurance companies with their actuarial algorithms. However, the average driver doesn’t consider these factors until it is too late.

Machine Learning 144

Machine Learning Risk Insurance Predictive Analytics 144

Juice Analytics

APRIL 21, 2019

Collecting good requirements is less about a laundry list of charts and metrics, but an understanding of how information can transform the business from how it exists today. In 2017 I had the opportunity to work on an insurance industry project for the first time. What are the metrics that drive top line revenue?

Insurance 73

Insurance Dashboards Metrics Reporting 73

CIO Business Intelligence

MARCH 12, 2024

Even if these events don’t occur, what kinds of premiums are you likely to pay your corporate and cyber-liability insurers when they read your latest audit reports and see you haven’t updated your disaster recovery plan or invested in hardening your network security for over two years? The average cost of a data breach is $4.64

ROI 122

ROI IT Manufacturing Metrics 122

Juice Analytics

JUNE 2, 2022

It also wants to convince existing customers that they made the right decision in choosing State Farm for their insurance. What metrics are you going to emphasize? Frameworks like the “North Star Metric” force a product organization to understand the key measures of customer value. What behaviors do you want to encourage?

Visualization 138

Visualization Broadcasting Reporting Metrics 138

Octopai

JULY 9, 2020

Not only did the banks need to implement these risk-measurement systems (which depend on metrics arriving from distinct data dictionary tools), they also needed to produce reports documenting their use. They then relayed that information to insurance companies.

Insurance 98

Insurance Risk Management Machine Learning Metadata 98

CIO Business Intelligence

JANUARY 7, 2025

In some cases, the business domain in which the organization operates (ie, healthcare, finance, insurance) understandably steers the decision toward a single cloud provider to simplify the logistics, data privacy, compliance and operations.

Optimization 98

Optimization Strategy Cost-Benefit Enterprise 98

O'Reilly on Data

FEBRUARY 20, 2024

Without insurance, a hospitalization can be a financial disaster, even for a highly compensated employee. Companies need to respect their employees’ health by providing health insurance and allowing sick time—both for the employees’ sakes and for everyone they come in contact with at work.

Insurance 285

Insurance Modeling Technology Reporting 285

AWS Big Data

JULY 25, 2023

In the Metric filters section, expand Additional filtering options. In the Metric filters section, expand Additional filtering options. Method 2: Monitor metrics in CloudWatch Redshift Serverless publishes serverless endpoint performance metrics to CloudWatch. Choose Workgroup to view workgroup-related metrics.

Metrics 98

Metrics Data Warehouse Dashboards Snapshot 98

Smart Data Collective

SEPTEMBER 21, 2022

Both are viable methods of IT staffing augmentation; deciding which to use is usually a function of the following metrics: Decide On The Budget. If you have a choice of whether to outstaff or outsource, then you may want to pay more attention to the other metrics below. Education is a cost that many companies do not consider.

Software 129

Software Cost-Benefit Metrics Insurance 129

CIO Business Intelligence

MAY 27, 2022

As the Boston-based insurance company’s journey to the cloud has unfolded, it has also maintained a select set of datacenters from which to run legacy applications more economically than they would on the cloud, as well as software from vendors that make licensing on the cloud less attractive. “It

Insurance 98

Insurance Machine Learning Digital Transformation Cost-Benefit 98