Of the top five spending initiatives for insurers in 2010, Gartner recently highlighted three that are directed at making better decisions with information: business intelligence, predictive analytics, and data mining. To deploy the best possible solution, insurers must first articulate how data can drive the P&C model; they then must collaborate with IT on realistic steps towards that goal.
Success (an elegant design that avoids multiple data sets, tools, and reports) is less dependent on what is built than on having a clear plan of what to include and what can be safely omitted. One $500M insurer delivered just that for a $5M annual savings.
Attend this Webcast and you will be able to:
- Assess the efficacy of your existing roadmap
- Determine the key criteria for building your own roadmap
- Uncover optional P&C consulting to extend or build your roadmap with you