In the past, insurers stayed afloat using their own historical data to understand their environment and compete. Today, with competitors leveraging external data and advanced AI/ML techniques, insurers must adopt big data and algorithms if they want to level up and survive. But how can insurers “get big” when even the largest of insurers are just small boats in an ever-expanding ocean of data?
Guidewire customers are coming together to pool anonymized, aggregated P&C data to improve operational performance and confront P&C industry pain points. With expanded business intelligence and turbocharged predictive models, these allies are honing underwriting accuracy and prioritization; trimming claims leakage, expenses, litigation, and cycle times; and ultimately driving profitable growth with higher customer satisfaction. See how you can join this alliance of extraordinary insurers that will together rise above the flood.