Data-Centric Mindset

Data as the Fuel of All Insurers' Operations

Three Ideas to Take Away

DATA IN THE  INSURER'S DNA
01

DATA IN THE INSURER'S DNA

Data must reach the entire structure of an insurer. Not just the customer's risk profile data, but everything that has to do with the customer's day-to-day life. Insurers must incorporate it into all their processes so that customers perceive that they are receiving value on an ongoing basis.

REAL TIME  ACTIONABLE DATA
02

REAL TIME ACTIONABLE DATA

All data captured by the insurer should be easily actionable. The company must make the entire data lifecycle agile, and frictionless, to ensure quick responses to what customers need at the exact moment they need it. From new product development to claims management.

BOOSTING INNOVATION THROUGH DATA
03

BOOSTING INNOVATION THROUGH DATA

Innovation has a fundamental ally in data. Everything the insurance company can learn from the data it has from different sources (its own and third parties) will be the basis for the creation of new products, services and disruptive business models.

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