Big Data, Big Impact

Insights ? Think tank 84 Asia Insurance Review Ju ly 2016 B ig Data is disruptive across the insurance value chain and insurers who master the use of Big Data will gain a significant competitive advantage through, for example, better client understanding, contact, risk profiling and claims management. As a result the risk profile of insurers is changing dramatically.

Harnessing Technology to Narrow the Insurance Protection Gap

The global protection gap is one of the most pressing issues facing the insurance industry. It goes far beyond missed commercial opportunities. The more threatening aspect is a severe lack of societal resilience in many developing and emerging countries, where insurers hardly play any role when it comes to mitigating the impacts of natural disasters or pandemics, for example.

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