Analysts have declared a "big data" revolution. Large and small businesses across multiple industries are unlocking the potential of ever-increasing volumes of data with powerful analytics tools. When used properly, big data helps businesses to grow market share, increase profits and reduce risk and uncertainty.
The insurance industry—often regarded as a laggard in technology-driven innovation—is moving quickly to respond to the opportunities and challenges of big data.
Large carriers are driving adoption and have achieved significant success in personal lines.
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