Addressing Big Data Business Opportunities for the Insurance Industry

Frank Diana, Big Data and Analytics Guru at Tata Consultancy Services; Matt Josefowicz, Managing Director at Novarica
The majority of insurers today are only beginning to explore how new data collection and processing technologies can improve their business outcomes. As they wade deeper into the field, most will discover that Big Data is emerging as a mature technology with applications to a variety of business challenges. During this webcast, we will discuss:

- What are the most compelling business opportunities that Insurers can address with Big Data?

- How do I make sense out of all this on an actionable basis?

- How will Big Data impact the way we do business in 2012 and 2015?

- Can Insurers gain a competitive advantage by being early adopters?

- How to leverage tools like Hadoop to put your customer data into action to increase customer centricity

- How can Insurers take advantage of the collaborative, contextual and predictive benefits of big data?

Obtaining these deep insights requires both a strong technology partner with deep business insight to enable actionable analytics to use the Big Data capabilities successfully. TCS is a leading global technology company with a strong Big Data practice and understands the difficulty organizations are facing with this ascending technology and can help clear the hype from the reality. Register and attend for a chance to win an iPad 3.
Aug 9 2012
66 mins
Addressing Big Data Business Opportunities for the Insurance Industry
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  • Addressing Big Data Business Opportunities for the Insurance Industry Recorded: Aug 9 2012 66 mins
    The majority of insurers today are only beginning to explore how new data collection and processing technologies can improve their business outcomes. As they wade deeper into the field, most will discover that Big Data is emerging as a mature technology with applications to a variety of business challenges. During this webcast, we will discuss:

    - What are the most compelling business opportunities that Insurers can address with Big Data?

    - How do I make sense out of all this on an actionable basis?

    - How will Big Data impact the way we do business in 2012 and 2015?

    - Can Insurers gain a competitive advantage by being early adopters?

    - How to leverage tools like Hadoop to put your customer data into action to increase customer centricity

    - How can Insurers take advantage of the collaborative, contextual and predictive benefits of big data?

    Obtaining these deep insights requires both a strong technology partner with deep business insight to enable actionable analytics to use the Big Data capabilities successfully. TCS is a leading global technology company with a strong Big Data practice and understands the difficulty organizations are facing with this ascending technology and can help clear the hype from the reality. Register and attend for a chance to win an iPad 3.
  • Pricing Airline Insurance: Presentation & Webcast Recorded: Jun 14 2012 56 mins
    The low frequency of losses in aviation, combined with technical, operational, and legal advances, means that adjusted burn cost methods for rating and analysing aviation do not often provide an accurate indication of future losses.

    Attend the Pricing Airline Insurance event and webcast on 14th June 2012 to learn how a simulation approach to loss modelling can be used by underwriters to meet all of their underwriting risk management needs. The agenda for the event:

    •Introduction by David Benyon, Deputy Editor Reactions Magazine
    •Russell Corporate Presentation by Suki Basi, Managing Director Russell Group
    •Pricing Airline Insurance in ALPS by Matthew Maddocks, Product Manager Russell Group
    •Q&A Moderated by David Benyon, Deputy Editor Reactions Magazine

    Presentation held at:
    Acord office, London Underwriting Centre, Suite 1/3 Minster Court, Mincing Lane, London EC3R 7DD

    Top Reason to Attend:
    Hear directly either in person or from the comfort of your office on how simulation based pricing can be applied to Airline insurance pricing

    Who Should Attend:
    Underwriters, Actuaries and Risk Managers involved in pricing airline insurance
  • Reactions Global Risk Management Webcast Recorded: Feb 15 2012 68 mins
    In the current economic climate and with the increasing convergence of insurance regulation on a global basis, insurers face growing risk challenges. These include optimizing economic and regulatory capital, managing risk effectively across the enterprise and providing faster, higher quality financial reporting through improved data integration.

    Attend the Reactions Global Risk Management Webcast on February 15th to learn what the world's leading insurers are doing to build their risk management capabilities to help address these challenges. Hear how IBM Risk Management capabilities help you:
    - Increase capital optimization for increased competitive advantage
    - Improve the measurement and transparency of different types of enterprise risk
    - Improve risk management with advanced, timely reporting to key internal and external stakeholders

    Top Reason to Attend:
    - Hear directly from financial services executives on best practices for your organization and take advantage of this interactive online environment to network, in real-time, from the comfort of your own office

    Who Should Attend:

    Individuals with responsibility for economic capital management and regulatory compliance or who manage risk across the enterprise or within a line of business and who want to implement world class capabilities to better manage risk.
  • The Reactions Regulation Webcast: The Year of Reckoning Recorded: May 5 2009 90 mins
    The industry is agreed on one thing – regulatory overhaul is coming. What is less clear is the form it will take, and how that will affect the insurance industry.

    Attend the Reactions Regulation Webcast - sponsored by Colodny, Fass, Talenfeld, Karlinsky & Abate - to make sense of it all. Hear from top lawyers and insurance specialists.

    Panelists include:
    * Michael Loney, editor of Reactions (Moderator)
    * David Sampson, president and CEO of the Property Casualty Insurers Association of America
    * Terri Vaughan, CEO of the National Association of Insurance Commissioners
    * Stephen Zielezienski, senior vice-president and general counsel at the American Insurance Association
    * Robert Detlefsen, vice-president of public policy at the National Association of Mutual Insurance Companies
    * Fred Karlinsky - shareholder, Colodny, Fass, Talenfeld, Karlinsky & Abate
  • The Reactions Catastrophe Summit 2009: Feeling the pressure Recorded: Mar 18 2009 88 mins
    Panelists will explore whether the US property-catastrophe insurance market is ready for a big event and how likely one is in the near future. Hear how pricing and capacity is changing, and what effect the political situation in cat-exposed states is having.

    Panelists:
    - Wilhelm Zeller, chief executive officer of Hannover Re
    - Eric Nelson, Travelers Vice President of Risk Management for Personal Insurance
    - Dr Steven Weisbart, senior vice president and chief economist for the Insurance Information Institute
    - Dr Thomas Holzheu, senior economist at Swiss Re
    - Richard Attanasio, Vice President, Personal Lines Ratings, AM Best

    Registrants to this event will also be eligible for a free two-week trial to www.reactionsnet.com
Trends and Developments in Insurance and Reinsurance
Trends and Developments in Insurance and Reinsurance

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  • Title: Addressing Big Data Business Opportunities for the Insurance Industry
  • Live at: Aug 9 2012 4:00 pm
  • Presented by: Frank Diana, Big Data and Analytics Guru at Tata Consultancy Services; Matt Josefowicz, Managing Director at Novarica
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