Visit our website
What does Big Data mean to your organisation?
We have all heard of Big Data. It’s the collating of large amounts of information so it can be analysed to reveal patterns or associations, with the findings being applied to a specific scenario – such as the calculation of an insurance premium.
MyLicence is a great example of Big Data working for the motor insurance industry. Using the MyLicence initiative, brokers and insurers are able to download data from the DVLA and, based on the returned information, can alter insurance premiums quoted to drivers.
There is an article by Lloyds of London which discusses Big Data in more detail. How do you see Big Data helping your organisation in the future?
Click here to find out about RDT and our range of insurance software solutions.
MyLicence is a great example of Big Data working for the motor insurance industry. Using the MyLicence initiative, brokers and insurers are able to download data from the DVLA and, based on the returned information, can alter insurance premiums quoted to drivers.
There is an article by Lloyds of London which discusses Big Data in more detail. How do you see Big Data helping your organisation in the future?
Click here to find out about RDT and our range of insurance software solutions.
No comments :
Post a Comment