The commercial insurance industry is in the spotlight and the use of open data analytics will be a determining factor for its future success. In this blog post, we will discuss 3 key points on how new technologies are influencing the sector.
The implementation of open data analytics in the commercial insurance industry is becoming increasingly important to stay competitive. As we have already seen, the economic environment is changing fast, and all sectors must get adapted quickly. This is why carriers need to rely on real-time data, that can be acquired by open data analytics methods.
In the case of Wenalyze, the implementation of our open data solution in commercial insurance carriers helped them to reduce their premium leakage, to multiply their ROI by 10 and to increase by 10% their gross written premium . Contact us now for testing it yourself in a free demo at email@example.com.