Actionable Information in Insurance: Making Data Speak Louder than Words: Industry

Actionable Information in Insurance: Making Data Speak Louder than Words

Published Date: April 2008

Published By: TowerGroup

Page Count: 12

Order Code: R301-1443

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It is often thought that the insurance industry is awash in data but has no information. It is sadly true. Lack of actionable information is keeping many carriers at a competitive disadvantage that is threatening their future. To quantify and qualify the magnitude of the problem, TowerGroup conducted interviews with executives in both property and casualty (P&C) and life and annuity (L&A) insurance firms in the United States and Europe. This TowerGroup Research Note presents the findings of the interviews and details the future direction for information management in the insurance industry.

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