Business Management White Papers
The Optimized Insurer: Using Analytics to Optimize Business Performance
Overview Insurance is a tough marketplace. It's fiercely competitive with consumers shopping around for the lowest premium possible and little differentiation between products. It's notoriously difficult for insurers to retain customers and costly for them to acquire new ones. Meanwhile they face spiraling operational costs, increasing regulatory pressures and rising claim settlement costs. Against this background, there is a slowdown and uncertainty in the economy. Like any other business in a difficult economic environment, insurers are tightening their expense costs. To achieve this, insurers need to embrace holistic strategies that will increase their operational efficiency while minimizing losses and maximizing profits.
| Publisher | SAS Institute | File Format | |
|---|---|---|---|
| Date Published | October 2008 | ||
| Format | White Papers | ||
| Topics | |||
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