Charging down the path to data-driven success
84% of top performing companies are concerned about the quality of their data1
Insurers need to be data-driven to succeed—it's a key component for success in all areas:
- Underwriting – 77% of companies believe their bottom line is affected by inaccurate data.2
- Profitability – 30% of companies’ revenue may be lost to poor quality data.3
- Reporting – 40% of insurers aren’t satisfied with in-house IT capabilities for statistical reporting and data calls.4
And the higher the quality of the data, the more powerful it is. Learn how to become a data-driven insurer. Download Charging down the path to data-driven success.
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- Forbes webinar, “The Data Differentiator, How Improving Data Quality Can Improve Your Business,” September 2017, https://i.forbesimg.com/2017/9/14/Data_Differentiator.mp4
- Thomas Schultz, “The State of Data Quality,” Experian, September 2013, https://www.edq.com/
- Forbes webinar, “The Data Differentiator, How Improving Data Quality Can Improve Your Business,” September 2017, https://i.forbesimg.com/2017/9/14/Data_Differentiator.mp4
- Novarica Research Partners Program Report, “Strategic Technology Issues in Regulatory/ISO Compliance for P&C Insurers,” 2013