There is a movement within the insurance industry to consolidate databases from multiple departments in order to gain a complete policyholder view. Typically, insurers with one database can see the different channels and lines of businesses within the company in which policyholders interact. In addition, it allows insurers to better...
There is a movement within the insurance industry to consolidate databases from multiple departments in order to gain a complete policyholder view. Typically, insurers with one database can see the different channels and lines of businesses within the company in which policyholders interact. In addition, it allows insurers to better...
Insurers should understand why contact data is important, common strategies for cleaning data, and how to overcome common objections to implementing a data quality strategy.
New federal regulations related to the Dodd-Frank Act are currently being rolled out across the financial services industry, affecting not only banks but insurance companies as well. The goal of these new regulations is to increase consumer protection by increasing transparency.