Advanced Analytics

Beyond BI, Before Predictive Analytics

Usage of Advanced Analytics is fast becoming more pervasive amongst Insurers in India. Players with bigger market share and those that have been around in the industry for quite some…

Predictive Analytics

Making a Case for Subscription Based Predictive Analytics Solutions

Predictive Analytics is slowly but steadily garnering attention from business stakeholders in India. As a means of adoption clients are experimenting with different approaches ranging from bring in consulting companies…

Advanced Analytics

Customer Retention – External Signals

Persistency is one of the key criterion for measuring long term profitability and health of a Life Insurer. High persistency has a direct impact on top line and bottom line…

Predictive Analytics

Ensuring Success of Early Modeling Initiatives

Getting First Steps Right Firms across sectors are increasingly recognizing the role of advanced analytics in enhancing business functions and operations.Mature Firms have established dedicated cross functional analytics teams and…

Advanced Analytics

Building Analytics into Insurance Value Chain

Analytics into Insurance value chain can be adopted across different functions to help insurers identify opportunities that are not easily visible

Predictive Analytics

Does Agency channel have an effect on long term stickiness of a customer?

Let’s see what facts say. These facts have been pulled from public disclosures of Life Insurance firms. Persistency shown here is APE persistency based on Non-Reducing basis* Based on above…

Big Data

Unstructured Data: Value of No-SQL

World today is producing lot more data than before. IBM estimates that 90% of the total data in the world today has been created in the past 2 years. It…

Predictive Analytics

Predictive Analytics: Common Questions Business Leaders Ask

Business leaders and stakeholders often think about right time to start looking at analytics and sometimes fall shy due to concerns surrounding data availability, quality of data, lack of resources…

Predictive Analytics

Predictive Analytics in Recruiting Agents

Building Productive Agency Workforce Agency channel contributes to more than 50 percent of new business premium in Insurance segment. Considerable sales effort is spent in interviewing and recruiting agents. Much…