Data Analytics

How Will Fadata and FRISS Transform Insurance Risk and Fraud Detection?
Data Analytics How Will Fadata and FRISS Transform Insurance Risk and Fraud Detection?

In an era where technological advancements are reshaping industries, the partnership between Fadata and FRISS introduces a groundbreaking approach to risk management and fraud detection in the insurance sector. The integration of Fadata's INSIS platform with FRISS's advanced compliance,

November 27, 2024
Universal Insurance Faces $900M Loss Due to Hurricanes Debbie, Helene, Milton
Data Analytics Universal Insurance Faces $900M Loss Due to Hurricanes Debbie, Helene, Milton

The financial implications of recent hurricanes on Universal Insurance Holdings are substantial, with expectations of significant gross losses due to three major hurricanes that recently struck the United States. Authored by Kassandra Jimenez-Sanchez and published on October 29, 2024, in

November 26, 2024
Can Data and Tech Revolutionize the Insurance Industry’s Future?
Data Analytics Can Data and Tech Revolutionize the Insurance Industry’s Future?

In an industry traditionally known for its cautious and risk-averse nature, the growing influence of data and technology is undeniably transformative. According to Sierra Signorelli, CEO of Commercial Insurance at Zurich, leveraging advanced data analytics and technology is becoming essential in

November 22, 2024
Can AI and Data Analytics Revolutionize Marine Insurance Risk?
Data Analytics Can AI and Data Analytics Revolutionize Marine Insurance Risk?

The marine insurance industry is traditionally known for its complexity and inherent challenges, especially given the fragmented nature of the global shipping market and the numerous geopolitical and climate-related issues impacting it. On October 17, 2024, a strategic partnership was announced

October 18, 2024
Digital-First Shift: How AI and Personalization Redefine Insurance Industry
Data Analytics Digital-First Shift: How AI and Personalization Redefine Insurance Industry

The insurance industry is undergoing a seismic shift as it embraces digital-first strategies to adapt to evolving consumer behaviors and technological advancements. Once known for its reliance on agents and reluctance to change, the sector is now at the forefront of innovation, integrating advanced

October 15, 2024
How Are Tech Advances Transforming Banking, Insurance, and Asset Management?
Data Analytics How Are Tech Advances Transforming Banking, Insurance, and Asset Management?

Technological advancements are reshaping the landscape of the financial sector, impacting industries such as banking, insurance, and asset management. This transformation, driven by trends such as digital banking, data analytics, and artificial intelligence (AI), is creating both opportunities and

September 30, 2024
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