
Big Data
A Game Changer for Insurance Industry
- 448 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
Big Data
A Game Changer for Insurance Industry
About this book
Big data – unstructured and/or structured data being used to influence underwriting, rating, pricing, forms, marketing and claims handling and incentivize risk reduction – is a relatively recent development in the insurance industry, the data sets previously being too impossibly great to analyse through traditional methods. However, with the global capacity to collect and store data growing alongside advancements in AI and machine learning technology, insurers need to seriously evaluate their technology stacks to ensure they can remain competitive and respond to growing customer demand.
Striking a balance between the technical characteristics of the subject and the practical aspects of decision making, spanning from fraud analytics in claims management, to customer analytics, to risk analytics in solvency, the comprehensive coverage presented makes Big Data an invaluable resource for any insurance professional.
Providing high quality academic research, Emerald Studies in Finance, Insurance, and Risk Management provides a platform for authors to explore, analyse and discuss current and new financial models and theories, and engage with innovative research on an international scale. Subjects of interest may include banking, accounting, auditing, compliance, sustainability, behaviour, management, and business economics.
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Information
Table of contents
- Cover
- Title
- Chapter 1. Use of Wearable and Health Applications in Insurance Industry Using Internet of Things and Big Data
- Chapter 2. Emerging Technologies of Big Data in the Insurance Market
- Chapter 3. Adoption of Internet of Things and Services in the Indian Insurance Industry
- Chapter 4. Emerging Technologies in Insurance Sector: Evidence from Scientific Literature
- Chapter 5. Predictive Performance of Indian Insurance Industry Using Artificial Neural Network (ANN) and Support Vector Machine (SVM): A Comparative Study
- Chapter 6. Blockchain Technology as an Emerging Technology in the Insurance Market
- Chapter 7. Crowdsourcing, Insurance and Analytics: The Trio of Insurance Future
- Chapter 8. Big Data in Insurance Innovation
- Chapter 9. Big Data Analytics Application and Enhanced FDI Prospects for the Insurance Sector
- Chapter 10. The Use of Big Data in the Insurance Industry Innovations in China
- Chapter 11. New Developments in Banking Sector and Impact: Covid-19
- Chapter 12. Foreign Direct Investment Impact and Effect on the Indian Insurance Sector: Major Key Drivers
- Chapter 13. Big Data Analytics – Tools and Techniques – Application in the Insurance Sector
- Chapter 14. Revamping Indian Non-Life Insurance Industry with a Trusted Network: Blockchain Technology*
- Chapter 15. Digital Financial Inclusion
- Chapter 16. Perceived Effectiveness of Digital Transformation and InsurTech Use in Malta: A Study in the Context of the European Union’s Green Deal*
- Chapter 17. The General Data Protection Regulation (GDPR) for Risk Mitigation in the Insurance Industry*
- Chapter 18. Cybersecurity Law-based Insurance Market
- Index