Now Hiring: People Who Can Translate Data Into Stories and Actions – Fortune
MassMutual, a $30 billion per year life insurance company, had a problem. It was 2013 and, along with the rest of the insurance industry, it was bedeviled by fraud. According to FBI estimates, fraud sets the U.S. insurance industry (and policyholders) back by $40 billion a year. "We had to get much better at detecting fraud in real time," says Sears Merritt, MassMutual's chief of technology strategy and data science. So MassMutual launched an innovative collaboration between the company's data scientists and its line managers.
Oct-31-2019, 21:57:43 GMT
- Country:
- North America > United States
- California (0.05)
- Massachusetts (0.05)
- North America > United States
- Industry:
- Banking & Finance > Insurance (1.00)
- Technology: