Want to create an interactive transcript for this episode?
Podcast: DataFramed
Episode: #117 Successful Data & Analytics in the Insurance Industry
Description: The insurance industry thrives on data from utilizing data and analytics to determine policy rates for customers to working with relevant partners in the industry to improve their products and services, data is embedded in everything that insurance companies do.
But insurance companies also have a number of hurdles to overcome, whether itβs transitioning legacy data into new processes and technology, balancing new projects and models with ever-changing regulatory standards, and balancing the ethical considerations of how to best utilize data without resulting in unintended consequences for the end user.
Thatβs why weβve bro...