
Data Alchemy in the Insurance Industry
The Transformative Power of Big Data Analytics
- 272 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
Data Alchemy in the Insurance Industry
The Transformative Power of Big Data Analytics
About this book
Data Alchemy in the Insurance Industry: The Transformative Power of Big Data Analytics is a groundbreaking work that explores the transformative power of big data analytics within the insurance industry. This collected edition takes readers on a journey into the world of data-driven alchemy, where insurers turn vast amounts of information into valuable insights and innovations. By demystifying the complex realm of big data, Data Alchemy empowers insurance researchers and professionals to harness data effectively, create efficiencies, and achieve a competitive edge.
This collected edition provides a comprehensive and practical roadmap for insurers, data scientists, technologists, and insurance enthusiasts alike, to navigate the data-driven revolution that is sweeping the insurance landscape. Authors in this work offer a series of case studies featuring renowned insurance companies that have successfully harnessed data analytics for strategic gains. They discuss not only the technological facets but also regulatory concerns, ethical considerations, and the human element in data-driven insurance transformation. This work anticipates the future trends and challenges that will shape the insurance industry, providing insights into how data alchemy will continue to evolve and impact the sector.
This collected edition is essential reading for data scientists, technologists, researchers in the field of big data analytics, as well as insurers who implement research findings.
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Table of contents
- Cover
- Title
- Copyright
- Contents
- About the Editors
- About the Contributors
- Foreword
- Preface
- Introduction of the Book
- Chapter 1 Data Alchemy in Insurance: A Catalyst for Improving Financial Inclusion Levels and Insurance Penetration
- Chapter 2 Unlocking the Power of Big Data in Insurance: The Role of Data Analytics
- Chapter 3 AI-Driven Personalized Risk Management in the Insurance Sector
- Chapter 4 Ethical Considerations in Data Analytics: Challenges, Principles, and Best Practices
- Chapter 5 Analyzing Two and a Half Decades of Health Insurance and Big Data Analytics Research: A Bibliometric Study
- Chapter 6 Workers’ Compensation in the Remote Work Era: Proactive Risk Management Through HR Policies and Data Alchemy Practices
- Chapter 7 The Philosopher’s Stone: Applications of Data Alchemy—Customer Personalization, Profiling, and Retention
- Chapter 8 Impact of Employee-Performance Data Management on Job Satisfaction in the Insurance Sector
- Chapter 9 Revolutionizing Insurance Practices Through Advanced Data Alchemy
- Chapter 10 The Future of Alchemy: Emerging Trends and Technologies Metaverse in Insurance – A Virtual Customer Experience
- Chapter 11 Trends and Patterns in Insurance Research: A Bibliometric Analysis (2020–2024)
- Chapter 12 Transformative Data Practices in the Insurance Industry: Addressing Benefits, Challenges, Exploring Emerging Trends, and Utilizing Advanced Technologies
- Chapter 13 Chatbots and Virtual Assistants in Insurance Decision Support
- Chapter 14 Risk Assessment Models for the Health Insurance Sector