Insurance Data Analytics
Good, strategic decision-making relies on data — but not just any data.
To make smart business decisions, you need the resources to access, analyze and apply accurate data. When you successfully gather and analyze insurance data analytics, it helps answer important questions, such as which products and distribution channels are the most profitable, which policy attributes lead to the most losses and the highest costs, and how coverage or price point influences demand in specific customer segments.
Our extensive solutions can help align your organization with processes that advance performance, support marketing efforts and refine risk analysis. With the resources to unlock business value from an abundance of data, you’ll be in a better position to make insightful business decisions, take action and execute quickly.
Insurers are the original masters of predictive analytics.
Beyond actuarial tables and databases of historical weather patterns, predictive analytics focus on the kernels of wisdom that can be gleaned from patterns in customer, agent, product and financial data.
Robust analytics can help determine a customer’s propensity to buy additional products at any given time, converting every customer touch point into a potential real-time opportunity. Statistical models mature into predictive models, teasing out the reasons behind high-performing products or customer segments and proactively detecting fraud. Across the enterprise, sophisticated analytics are key to charting a successful path forward.
We offer services in analytics and big data, predictive analytics, data mining, risk analysis and more. Likewise, our enterprise performance management services help to establish a data-driven enterprise. We begin with integrated, transparent data around key performance indicators. This gives leadership the ability to make intelligence-based business decisions.
Proactive enterprise performance management provides senior leadership and business managers the deep customer, product and risk insights to visualize scenarios, harness new opportunities and quickly reshape growth strategies.
Analytics for business decisions: making your data visual and valuable
Decision-driven analytics – the engine behind our proprietary decision-architecture framework – takes analytics to the next level. Turn your data into action and turn action into measurable results.
AI innovation begins with transformation
From machine learning to generative AI, the first step in the enterprise AI continuum is creating decision-driven analytics built on a data foundation that empowers innovation.
Our strengths
Chart a successful path forward by leveraging advanced insurance data to make intelligence-based decisions using customer, product and risk insights.
Our partners
NTT DATA’s strategic partners with cloud, hyperscaler and visualization leaders speed the delivery of analytics solutions that equip business decision-makers with insights they need.
