Accelerating Innovation in Insurance

The Insurance industry is facing major disruptions from trends including expectations of more personalised and engaging services, the rise of virtual platforms and insurtech competitors and the use of machine learning / AI. As IDC wrote, "Insurers that fail to act on the trends driving demand for insurance worldwide will eventually lose to more agile, flexible competitors who are adapting to the new world."

In this presentation, you’ll learn how insurance companies can leverage new technologies to adapt to changing business drivers while still protecting their combined ratio. In 45 minutes, we will show you how insurers can develop a data fabric to unify siloed information and then use this to confidently predict outcomes and optimize their business. It will include a number of case studies and a sneak peek at the dynamic pricing accelerator that provides a freely available fast-start for AI-based pricing for insurance companies.

Accelerating Innovation in Insurance
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Success with TIBCO:

3 Months

Time to learn Spotfire and develop the first analysis model

9 Months

ROI payback time

3 vs. 10-12

Months to develop a real-time system with TIBCO Streaming vs. open source

Over $1 million

In projected opportunities

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