INSURTECH DIGITAL ASKED NORMAN BLACK , EMEA INSURANCE SOLUTIONS DIRECTOR AT SAS , TO DESCRIBE THE EFFECT THAT DATA ANALYTICS HAS HAD ON INSURANCE
AI & DATA
INSURTECH DIGITAL ASKED NORMAN BLACK , EMEA INSURANCE SOLUTIONS DIRECTOR AT SAS , TO DESCRIBE THE EFFECT THAT DATA ANALYTICS HAS HAD ON INSURANCE
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A lthough gathering high-quality data is foundational to innovation , how an insurer subsequently chooses to ‘ unlock ’ the value within it is considerably more consequential . Therefore , the value of an analytics platform lies in its capacity for quantifying risk and pricing accordingly , organising the claims process and identifying emerging customer patterns or trends .
Norman Black , EMEA Insurance Solutions Director at SAS , kindly provided us with his insights on the company ’ s own software and how these platforms are reshaping decision-making , mitigating risk and driving productivity generally . Primarily helping insurers get the most from their analytic investments , Black advises SAS on business and technology trends within insurance and helps steer future development .
He holds more than 30 years of cumulative experience in the global insurance sector and has led major transformation programmes in a number of European insurance companies , as well as guiding the development of product configuration solutions for businesses in Japan , the US and South Africa .
NOVEMBER 2020