P&C Carriers Will Look for In-Depth Analysis

Data integration, modeling, and analytics will continue to areas of focus and investment within many property and casualty (P&C) carriers.

Data integration, modeling and analytics will continue to be areas of focus and investment within many property and casualty (P&C) carriers.

Mark La Penta, MetLife Bank

The business intelligence tools and platforms to perform in-depth analysis over a broad range of data sources have continued to improve over the past few years. Many carriers have seen excellent results by turning data into real insight for their actuaries, underwriters and product development teams. The demand to churn out increasingly broad and complex data stores that can be accessed with speed and flexibility will be an exciting challenge to the technology staffs within P&C insurance.