Financial services and the insurance industry are projected by many research organizations to benefit significantly from the usage of new information and advanced analytics by blending new data sources. As an industry, insurance depends on data; however, we have always had to struggle with it and now, we have an explosion of new data available.
The key is to determine what new information is important to your business strategy and what new questions it can provide insights for, and weave that into existing data sources.
Tripp Smith, CTO, Clarity Solution Group Tripp Smith, CTO of Clarity Solution Group and I will discuss insights on how the insurance industry, specifically the property casualty segment, is incorporating big and/or small data – it is all data! It’s about modernizing your approach – understanding your ‘business’ needs and putting together a working strategy to get the most of your operational and analytic information. We will discuss how to modernize and incorporate Hadoop into your data platform. What’s key is not to treat data as a project or have a big data IT skunk works initiative – a simple plan of how to incorporate new and existing information we believe is key.
Please join us for an interactive discussion on January 22 at 10am Pacific Time.
About Cindy Maike
Cindy Maike is GM of Insurance at Hortonworks, and is responsible for the center of excellence for insurance and the go-to-market strategy for the industry. She has over 25 years of finance, consulting and advisory services experience in the insurance industry assisting clients globally with their business and IT strategy with a specific focus on the business strategy and the usage of analytics to drive results.
About Tripp Smith
Tripp Smith is CTO at Clarity Solution Group, the largest consultancy in the U.S. focused solely on data and analytics. Tripp has been responsible for delivering comprehensive information strategies, business-focused discovery analytics and full-lifecycle implementations across many of Clarity’s clients in data-intensive industries ranging from Insurance, Financial and Healthcare to Consumer Markets and Ad Tech.