Role of Big Data Analytics in Insurance

Categories: AI and MLFinancial Services

Data in the insurance industry is increasing exponentially, with a 90% increase in the last two years. This big data cannot be managed efficiently using old technologies but requires next-generation solutions.

How can the insurance industry work with big data to price policies, settle claims, analyze customer behavior, detect fraud, and map threats? Learn about big data’s 3 V’s, big data analysis and its benefits, and how to work with unstructured data. Then, examine some big data use cases in the insurance sector.

Authors

Role-of-Big-Data-Analytics-in-an-insurance-industry

Author

Dr. Param Jeet

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Role-of-Big-Data-Analytics-in-an-insurance-industry

Author

Subodh Kant Pandey

Senior Consultant

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Top Authors

Arti Gupta

Arti Gupta

Sr. Manager, Engineering

Siddhi Thakkar

Siddhi Thakkar

Manager, Engineering

Neven Dimač

Neven Dimač

Software Engineer

Mayank Gupta

Mayank Gupta

Senior Consultant

Hrushikesh Zadgaonkar

Hrushikesh Zadgaonkar

Senior Consultant, Engineering

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