Insurance: Balancing Tradition and Innovation
1. Introduction When it comes to the insurance sector, there is a delicate balance to be achieved between tradition and innovation. On the one hand, the insurance industry is one of the oldest and has established certain traditional practices. On the other hand, technological progress, driven by InsurTech, are pushing the industry towards innovation and […]
How can Open Data help commercial insurers improve their loss ratio?
During the last 3-4 years we have seen emerging data analytics startups in all industries including the insurance sector. Data analytics departments have been created or received investment and we have no doubt about the power of data. Quality and origin of the data are the most basic aspects to consider when working with any […]
