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Do You Accept the Premium for This Road Trip: Yes/No?

Do You Accept the Premium for This Road Trip: Yes/No?  #BigData

  • Customers may choose to protect/not share/overshare certain data elements about themselves more readily than others (case and point: Snapshot by Progressive)
  • Insurers will have to figure out how to get this data, possibly pay for it or entice customers (via regulation) to sell it to them.
  • Now carriers can leverage big data to further hone in on their insurable persons/assets with big data basically “selecting” the right clients
  • It is and always has been awash in data to mitigate risk and price a correct premium based on total exposure
  • Making decisions on the spot with a flood of data

Read the full article, click here.


@Informatica: “Do You Accept the Premium for This Road Trip: Yes/No? #BigData”


Do You Accept the Premium for This Road Trip: Yes/No?


Do You Accept the Premium for This Road Trip: Yes/No?

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