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Utilizing Data Opportunities and Risks in Insurance to Protect Customers and Drive Greater Differentiation

Insurers have a great opportunity here to become trusted guardians of customer data, while offering valuable services. The challenge lies in having the right data at the right time for the right customer. Insurers are looking to protect good customers rather than simply attracting short-term business by being the cheapest and being restricted by the confines of a commodity Data sharing and analysis has a big part to play in the fight to stay one step ahead of the criminals, and data-sharing has been significantly reduced.”]

Source: https://www.careersinfosecurity.com/blogs/utilizing-data-opportunities-risks-in-insurance-to-protect-customers-p-3097

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