Better Business Intelligence for Insurers: Three Ways to Think Differently
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Overview: Why are so few insurers able to realize the vision and capture the value of such a promising technology? And if Bl is so beneﬁcial, why aren't more insurers reaping the beneﬁts? In this strategy brief, we look at the underlying factors that make it difficult to implement Bl and suggest three strategies to think differently about insurance data warehouses. By exploring these possibilities, insurance carriers can gain a better understanding of how to mitigate the risks around Bl projects and greatly increase their chances of long-term success.