Do you like knowing how a story will end before all the events play out? Some stories are transparent and require little more than common sense to figure out the likely conclusion.

Analytics for insurers don't necessarily help underwriters reach a conclusion with sad or happy endings, but they do help insurers shape informed opinions about risk and whether carriers can be comfortable in accepting a risk in exchange for a fair premium.

I don't know if your carrier is incorporating analytics into various phases of its operation, but I also can't imagine why they wouldn't. I interviewed two people this week for different articles and independent of each other they spoke out with great enthusiasm for the future because of what they are seeing being done with analytics.

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