BIG DATA has become a cornerstone of insurance innovation discourse. Hardly any article on the future of insurance misses to name big data as an important trend, if not the most important. There is definitely a lot of buzz in the air.
But what is big data, exactly, in the context of insurance intermediation? Is big data just a hyped-up form of the same, age-old data driven business intelligence, or is there really something new and transformative? Which specific use cases does big data enable for insurance agents, brokers and coverholders?
To clear the air about big data, we have compiled a no-nonsense overview of the technology, with a specific focus on its relevance to insurance agents, brokers and coverholders.
Download the report here: