Insurers Looking for Experts to Handle Big Data, According to New Study

Property/casualty insurers in North America are increasingly looking to hire people with advanced degrees in analytics and data science to work on big data projects, according to a new study conducted by Strategy Meets Action (SMA), a leading insurance strategic advisory firm, and sponsored by ISO and SAS. The study, Big Data in Insurance, found that property/casualty insurers plan to increase the percentage of big data staff with advanced degrees and training from 21 to 51 percent by 2016. This figure is among dozens of findings in the study that illustrate how insurers are trying to position themselves to develop valuable insights from the increasingly complex world of big data.

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