A roadmap for cultivating a data-driven culture

In my previous post, I suggested that it was possible to provide a road map that would help with the introduction of artificial intelligence, advanced analytics and machine learning into insurance companies. This post outlines the process. The first area to address is applications where the adoption of analytics will have an immediate impact on cost reduction and efficiency. The obvious point is process automation. In many insurance companies, the first projects involving advanced analytics and machine learning models are the digitisation and optimisation of processes.