McKinsey & Company
AUG 25, 2014 6:23pm ET

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Unleashing the Value of Advanced Analytics in Insurance

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Actuaries using advanced math and financial theory to analyze and understand the costs of risks have been the stalwarts of the insurance business forever. Indeed, the analytics performed by actuaries are critically important to an insurer’s continued existence and profitability.

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Comments (1)
Great piece on the connection between business, analytics, and the change in times. There was a time where the people in the organization stored all the information, so not surprisingly, new opportunities arose when those people got together and asked each other "what if?". Today, that information is stored as data in ever dispersed systems. But the same "what if?" question is still essential to change. - edan.puritt@askarisolutions.com
Posted by Edan P | Tuesday, August 26 2014 at 7:50AM ET
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