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Arthur D. Little

Arthur D. Little has been at the forefront of innovation since 1886. We are an acknowledged thought leader in linking strategy, innovation and transformation in technology-intensive and converging industries. We enable our clients to build innovation capabilities and transform their organizations. ADL is present in the most important business centers around the world. We are proud to serve most of the Fortune 1000 companies, in addition to other leading firms and public sector organizations. For further information, please visit www.adlittle.com

FINNOVATING

Finnovating is a Matching as a service platform that enables X-Techs from all around the word to connect , collaborate and get the funding they need to grow from investors and corporations globally. The Finnovating platform is a space were the key players of the Tech industry can connect together easily and boost global Tech innovations.

SØNR

Sønr is the world’s most comprehensive source of innovation intelligence. It is a subscription platform used by some of the best known insurance companies globally.

It tracks millions of companies around the world and provides insight on the latest market trends, the startups and scaleups reshaping the industry, and intelligence on how other big insurers are innovating.

Sønr includes a suite of tools designed for teams to better collaborate and connect. From recording meetings to capturing and sharing Notes, to being able to track and share activity across the company using Watchlists and CRM boards.

The platform is backed up by a team of consultants, researchers and analysts who support clients in discovering and creating new business opportunities.

Making the Industry Future-Ready – Infosys Whitepaper

Article Synopsis :

Big data analytics can help insurers better understand their operations, customers and markets.

 The Digital Insurer reviews Infosys’s Report on Big Data, Analytics, and Business Intelligence: Making the Industry Future-Ready

A new wave of BI tools can help you see the forest for the trees … 

In the white paper “Big Data, Analytics, and Business Intelligence: Making the Industry Future-Ready”, Infosys explains Big Data’s role in achieving new insights. Historically, data was stored and archived but not used. But new analytics and business intelligence (BI) tools bring ‘dead’ data to life, helping companies not only monetize this data, but gather more relevant and timely information moving forward.

As insurers become more automated they can use analytics and BI tools to achieve these business results:

  • Insights for better strategic decisions
  • Better alignment with rules and regulations set by external stakeholders
  • Enhanced segmentation of customers, markets, and products and services
  • Greater support for management teams based on a strong understanding of the functions of the business
  • Identification of aberrations raising red flags (i.e., fraud detection)
  • Identification and synthesis of micro-trends

Analytics tools allow insurers to not only leverage information gathered traditionally but also from new sources such as social, mobile, websites and beacons. The end result is information that is both richer and more complete, helping carriers gain an edge developing new products and marketing them through the right channels.

Link to Full Article:: click here

Digital Insurer's Comments

The insurance industry is undergoing a radical transformation driven by more demanding and empowered consumers who gather and crunch information in real-time before engaging in transactions.

To win in this new environment, insurers must leverage and optimise their information assets – both archived and generated and collected in real time. Structured data on customers and unstructured data generated from various sources such as online forums and social media can help insurers refine risk pricing models, as well as develop and promote preventive strategies to drive down claims costs.

Link to Source:: click here

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