High operational cost, fraudulent claims, lengthy claims process with constantly increasing customer demands, and customer dissatisfaction are just few of many challenges of the complex claims management process. The third and final part of our blog series talks about how predictive analytics can make this process more efficient and profitable.
Adequate or fair or competitive insurance quotes? Or even better – adequate, fair and competitive quotes. Challenging but possible. Find out how in the second part of our blog series about insurance.
Why insurance is one of the most challenging business sectors. What are the main issues? How predictive analytics can support the three most important insurance concepts: pricing, claims and fraud detection. Find out in our 3-part blog series about insurance.
Data scientists debate using different languages for data interaction, modelling, analysis and reporting, influenced by the size and type of data, platform and business requirements. WPS Analytics allows you to combine languages as you choose into a single program.