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Big data and its big benefits for insurance consumers : regulation must allow innovation by insurers for full benefits to be realised

Recurso electrónico / Electronic resource
MAP20190002448
Big data and its big benefits for insurance consumers : regulation must allow innovation by insurers for full benefits to be realised / Insurance Europe. — Brussels : Insurance Europe, 2019
2 p. . — (Insight Briefing ; January 2019)
Sumario: Data has always been vital for insurers. In fact, since the industry began, insurers have used data to analyse the risks faced by their clients.
This process has two parts: first, when designing their products, insurers analyse past events to estimate the probability of these events occurring again. This allows them to manage the risks of offering a new insurance policy. Then, when a client buys an insurance policy, the insurer uses data to assess the risk posed by the new customer. This process is referred to as underwriting
1. Mercado de seguros . 2. Orientación al cliente . 3. Big data . 4. Análisis de datos . 5. Regulación . 6. Evolución del seguro . 7. Unión Europea . I. Insurance Europe . II. Insight Briefing . III. Título.