Pantomath’s Post

#Onyx Data #DataDNA Dataset Challenge - Car Insurance Policies - August 2023 Here is my submission for the Car Insurance Claims dataset for this month's data visualization challenge that looks at car insurance Claims. Thanks to #datadna,#Onyx Data, #Pomerol Partners, #Astrato Analytics,#novyPro, #DATAcated, and all other sponsors. Tool Used:- Oracle Analytics Desktop #dataDNA #OracleAnalytics #dataanalytics

I've been in this industry for 23 years and I'm dedicated to being a part of the evolution to make the front and back-end of the P&C market a better, more affordable experience for carriers and policyholders alike. Digital Insurance captured the how and why in this article and validated the product offerings we provide at Bees360, Inc. are more relevant today than ever. We are there on the front end to analyze risk and use data to make better decisions. We are there on the back-end if/when a claim happens. That's the #360promise. As Pat Forgione states, "Data was a major buzzword in 2023 and its hype has continued into this year. There is a lot of opportunity for carriers, MGAs, wholesalers, and agencies to utilize their own data, as well as third-party data, to drive better decisions." In today's fast-paced insurance landscape, leveraging data is not just an option but a necessity. The potential for carriers and agencies to harness the power of data analytics is immense. Through data collected onsite and through other data integrations, we can unlock invaluable insights that provide visibility into your business and the larger industry. But it doesn't stop there! "Claims processing is an example of a long-standing problem in our industry that can potentially be solved with machine learning. Our industry has been stuck in a legacy world of processing paper faxes, PDFs, and handwritten notes, which is too time-consuming and costly for carriers, agencies, and their clients." Imagine a world where claims processing is streamlined, efficient, and digital. Machine learning holds the key to transforming this critical aspect of the insurance process. By digitizing the cumbersome paperwork and manual processes combined with the human expertise built into our workflow, we have revolutionize claim handling, making it quicker and easier for all parties involved. Let's embrace these advancements and drive innovation in the insurance industry! Together, we can pave the way for a future where data-driven insights and machine learning revolutionize every aspect of insurance. Are you ready to join the journey? #InsuranceInnovation #DataAnalytics #MachineLearning #DigitalTransformation #TheFutureofPropertyData #PrecisionInEveryPixel

What makes Convr’s data lake such a valuable resource? It’s not just the data itself, but the insights we offer as we pull all the information together for our users. Read how our data is commercial P&C insurance industry specific, organized for the purpose of insurance evaluation and as reliable as any single primary source here in our latest blog post.

🌐 In insurance, knowledge isn't just power, it's the lifeblood of risk management and underwriting. That's where Veridion steps in! Our sophisticated data solutions, like the Match & Enrich API, are transforming how insurers assess risks and make decisions. Why is Veridion's data a game-changer? Here's the scoop: 🔵 Deep Dive into Data: We don't just skim the surface. Veridion's Complex Search API digs deep, offering comprehensive insights into companies and individuals. Think of it as your data detective, uncovering the nitty-gritty details that matter. 🟢 Crystal-Clear Clarity: Ever tried reading a map in the dark? That's underwriting with incomplete data. Our APIs light the way, providing clear, structured data that simplifies decision-making. 🔵 Global Reach, Local Insights: Whether you're insuring a start-up in Silicon Valley or a manufacturer in Munich, Veridion's global data coverage means you have the world's business information at your fingertips. 🟢 Always in the Now: The only thing constant is change, especially in business. Veridion ensures you're always working with the most current data, keeping you a step ahead in the fast-paced insurance landscape. In a nutshell, with Veridion, insurers can say goodbye to guesswork and hello to data-driven, precise risk assessment. It's not just about having data, it's about having the right data, right when you need it. If it sounds good to you, reach out to our team! Read more about our data here: https://lnkd.in/dw5Ngkug #InsuranceTech #RiskManagement #DataDrivenDecisions #VeridionData

Unlocking Insights: How Foot Traffic Data Transforms Insurance with Demyst Ever wondered how foot traffic data could revolutionize the insurance industry? Let me share some insights on why it's a game-changer and how Demyst is leading the charge! Foot traffic data isn't just about counting steps; it's about uncovering invaluable insights into risk, pricing, and customer engagement. From assessing the safety of locations to validating claims and tailoring premiums, foot traffic data holds the key to smarter decision-making and enhanced customer experiences. At Demyst, we're all about empowering insurers to harness the power of foot traffic data seamlessly. Our platform aggregates reliable foot traffic insights, integrates them with existing datasets, and unleashes the full potential of advanced analytics. Imagine predicting risks more accurately, personalizing premiums based on real-time trends, and engaging customers in ways that resonate with their lifestyles. With Demyst, it's not just a vision; it's a reality! Join us in the conversation and let's explore how foot traffic data is reshaping the insurance landscape. Share your thoughts, questions, or success stories in the comments below! Together, we're transforming insurance one step at a time. 👣💼 #FootTrafficData #InsuranceInnovation #DataAnalytics #Demyst #InsurTech

Convr is expanding its offerings to companies that offer Excess and Surplus (E&S) and Specialty Lines insurance. As the market has shifted along with the increase of exposures, risks and values, we've developed new supportive resources and capabilities to help underwriters prioritize and expedite submissions with greater confidence—including a massive data lake with data cards configured specifically for E&S insurer needs to quote with confidence. Read more in our latest news release. #ai #ml #data #datalake

🔓💡 Unlocking the Value of Data in the Insurance Industry 💡🔓 Insurers today are operating in a highly competitive landscape, where delivering personalized customer experiences, introducing innovative products, and achieving operational excellence are paramount. However, they face one common challenge – unlocking the true value of data. Data holds the key to gaining a competitive edge in the insurance industry. It can provide insurers with valuable insights into customer behavior, preferences, and risk profiles. By leveraging this information, insurers can develop tailored products and services that meet the unique needs of their customers, ultimately enhancing their overall experience. At the same time, data can drive innovation within the insurance sector, enabling the development of pioneering solutions and products. With the integration of advanced analytics and artificial intelligence, insurers can harness the power of data to create personalized insurance offerings that adapt in real-time to changing customer needs. However, harnessing the full potential of data calls for effective data governance. Insurers need to ensure that data is managed and utilized in a responsible, compliant, and ethical manner. This includes implementing robust data governance frameworks that protect customer information and adhere to regulatory requirements. To dive deeper into these challenges and gain insights into how insurers can unlock the true value of data, I highly recommend reading this thought-provoking blog by Capco Intelligence: https://okt.to/Q967PG #datavalue #innovativeinsurance #datagovernance Let's embrace the power of data, drive forward innovation, and revolutionize the insurance industry together! 💼🚀 Tagging: Penelope Quah, Matt Hutchins

Exciting News! We're proud to announce that we've been featured in PR Newswire as the leading Ingestion platform across the Global Insurance Industry! Read the full article here: https://lnkd.in/eng6RYi5 #Insurtech #DataManagement #OraPlatform #FeaturedIn #meaplatform