Tony Boobier - The Wiley Finance: Big Data and Analytics for Insurers read online book MOBI, PDF
9781119141099 1119141095 Big Data and Analytics is one of the hottest topics on the business agenda. However there are currently few (if any) industry-specific books on this topic. The book will deal with Big Data and Analytics specifically from an insurance perspective. Other publications are general in nature and do not meet the specific needs of the insurance sector. And yet data and analytics are fundamental to the insurance industry going forward - and this is no longer in the domain of the IT department but rather in the 'Line of Business' where delivery of targets rests. As such, this will not be a technical book (ie IT architecture) but rather one written in such a way as to be understandable by the insurance professional with limited or no IT understanding., The business guide to Big Data in insurance, with practical application insight "Big Data and Analytics for Insurers" is the industry-specific guide to creating operational effectiveness, managing risk, improving financials, and retaining customers. Written from a non-IT perspective, this book focusses less on the architecture and technical details, instead providing practical guidance on translating analytics into target delivery. The discussion examines implementation, interpretation, and application to show you what Big Data can do for your business, with insights and examples targeted specifically to the insurance industry. From fraud analytics in claims management, to customer analytics, to risk analytics in Solvency 2, comprehensive coverage presented in accessible language makes this guide an invaluable resource for any insurance professional. The insurance industry is heavily dependent on data, and the advent of Big Data and analytics represents a major advance with tremendous potential - yet clear, practical advice on the business side of analytics is lacking. This book fills the void with concrete information on using Big Data in the context of day-to-day insurance operations and strategy. Understand what Big Data is and what it can do Delve into Big Data's specific impact on the insurance industry Learn how advanced analytics can revolutionise the industry Bring Big Data out of IT and into strategy, management, marketing, and more Big Data and analytics is changing business - but how? The majority of Big Data guides discuss data collection, database administration, advanced analytics, and the power of Big Data - but what do you actually do with it? "Big Data and Analytics for Insurers" answers your questions in real, everyday business terms, tailored specifically to the insurance industry's unique needs, challenges, and targets.
9781119141099 1119141095 Big Data and Analytics is one of the hottest topics on the business agenda. However there are currently few (if any) industry-specific books on this topic. The book will deal with Big Data and Analytics specifically from an insurance perspective. Other publications are general in nature and do not meet the specific needs of the insurance sector. And yet data and analytics are fundamental to the insurance industry going forward - and this is no longer in the domain of the IT department but rather in the 'Line of Business' where delivery of targets rests. As such, this will not be a technical book (ie IT architecture) but rather one written in such a way as to be understandable by the insurance professional with limited or no IT understanding., The business guide to Big Data in insurance, with practical application insight "Big Data and Analytics for Insurers" is the industry-specific guide to creating operational effectiveness, managing risk, improving financials, and retaining customers. Written from a non-IT perspective, this book focusses less on the architecture and technical details, instead providing practical guidance on translating analytics into target delivery. The discussion examines implementation, interpretation, and application to show you what Big Data can do for your business, with insights and examples targeted specifically to the insurance industry. From fraud analytics in claims management, to customer analytics, to risk analytics in Solvency 2, comprehensive coverage presented in accessible language makes this guide an invaluable resource for any insurance professional. The insurance industry is heavily dependent on data, and the advent of Big Data and analytics represents a major advance with tremendous potential - yet clear, practical advice on the business side of analytics is lacking. This book fills the void with concrete information on using Big Data in the context of day-to-day insurance operations and strategy. Understand what Big Data is and what it can do Delve into Big Data's specific impact on the insurance industry Learn how advanced analytics can revolutionise the industry Bring Big Data out of IT and into strategy, management, marketing, and more Big Data and analytics is changing business - but how? The majority of Big Data guides discuss data collection, database administration, advanced analytics, and the power of Big Data - but what do you actually do with it? "Big Data and Analytics for Insurers" answers your questions in real, everyday business terms, tailored specifically to the insurance industry's unique needs, challenges, and targets.