Report Profiles 15 Data Providers for the Age of Data Super-Abundance
NEW YORK--(BUSINESS WIRE)--
Insurance, like many data-centric industries, is undergoing a paradigm
shift, from operating in an age of information scarcity to one of
information super-abundance. While insurers used to need to devote
significant resources to gathering data about prospective risks and
claims, more data than ever is now available on-demand (and at lower
cost) from commercial sources.
The new report by research and advisory firm Novarica, Novarica
Market Navigator™: Data Services for US Insurers 2012(Q1) profiles
15 major data services providers that serve the insurance industry. A
free preview is available online at: http://www.novarica.com/data_services_nmn2012/
“Our insurer CIO clients are being tasked by underwriting, marketing,
claims, and other areas to integrate third-party data sources with core
production systems and analytics environments,” notes Martina Conlon, a
principal at Novarica and lead author of the report. “This report is
designed to give them an overview of the types of data, cost models, and
technical details of major services providers.”
This initial report contains information on 15 providers, including
Acxiom Corporation, Dun & Bradstreet, ISO/Verisk, LexisNexis Risk
Solutions, Marshall & Swift/Boeckh, Melissa Data, Merkle, MIB Group,
Milliman, Neustar, Pitney Bowes, R.L. Polk, RiskMeter Online, Social
Intelligence Corp, and USPS. Subsequent editions will include additional
providers.
Ms. Conlon will present and discuss the findings of the report and
Novarica’s other research in this area in a free webinar on Monday,
March 26 at 1 pm ET. Interested attendees should pre-register online at https://www1.gotomeeting.com/register/955349537
About Novarica
Novarica provides information, insights, and perspective on markets,
operations, and technology to financial services and insurance
executives. The company delivers its service through published research,
retained advisory services, and project-based consulting. The Novarica
Insurance Technology Research Council is composed of more than 300 CIOs
and senior IT executives at US Insurers. More information at www.novarica.com
Novarica
Donald Tam, 212-419-2520
dtam@novarica.com
Source: Novarica
| Copyright: | Copyright Business Wire 2012 |
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