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Innovation Group Releases Tool to Maximize Insurers' Control of Mounting Data

The Innovation Data Mastery Maturity Model (IDMMM) can help insurers control and use growing data stockpiles to benefit the entire business.

By staff Writer | Updated on December 16, 2013

Innovation Group has released the Innovation Data Mastery Maturity Model (IDMMM), a product designed to help insurers understand milestones and identifiers in the data mastery journey so they are better equipped to create a roadmap and strategy that maximizes the business value of solutions, including Innovation Group’s Insurer Analytics.

As outlined in a corresponding whitepaper, the new IDMMM serves as the “handbook” for process improvements to control current and future data. According to Innovation Group, reaching the highest level of data mastery requires an enterprise commitment, investment, strategy and roadmap and maturation in five specific areas:

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