Recently, I had the opportunity to participate in the Strategy Meets Action (SMA) insurance innovation community webinar on the business opportunities with “Finding the Business Value of Advanced Analytics”. Many companies are not sure where to begin the journey, when and how to use new data sources, traditional data, and ‘data in motion.’
During this webinar Deb Smallwood, Founder of SMA, and I discuss using the Insurance Industry value drivers to identify business opportunities and to:
• Define advanced analytics,
• Discuss it in the context of the financial ratios and triggers, and
• Explore how to apply a business outcome approach as the best way to find out where to start and where to find business value.
A replay of this recording is available from the SMA website. You do not need to be a member or subscribe to SMA; however, you will need to register to listen to the replay.
I hope you find this webinar of value and are able to drive your analytics use case adoption through the lens of Value Drivers and Key Financial Ratios’.