With new technologies, business models, and competitors entering the insurance industry at an increasing rate, to attract and retain the most valuable customers, you must innovate and accelerate decisions and operations. Instead of canned “black box” applications that are difficult and costly to change, why not build your valuable IP into advanced algorithms that can be deployed on a real-time configurable platform?
Top Takeaways:
- Introduce complex Artificial Intelligence and Machine Learning models to improve your assessment of risk
- Deploy advanced analytical models into a real-time execution environment to automate dynamic decisions
- Take advantage of a platform approach to reduce cost and complexity challenges with “black box” applications
- Explore use cases such as dynamic pricing, predictive claims, real-time fraud, and holistic customer engagement
Presented By:
Mark Elder – Director, Global Vertical Solutions, TIBCO Software Inc.
Insurance Pricing Accelerator
Success with TIBCO:
3 vs. 10-12
Months to develop a real-time system with TIBCO Streaming vs. open source
1
centralized source of information, down from 10
Over $1 million
In projected opportunities
50,000/car/second
Thousands of data points per car, per second understood with TIBCO Spotfire