Hitachi Solutions America Announces Sponsorship of Internet of Insurance Event in Austin, Texas
Internet of Insurance is the only event bringing together C-and-VP-level insurance executives to share best practices on IoT and AI implementation and optimization and help the industry move forward in terms of revenue maximization and customer engagement. The two-day event will deliver high-level presentations, hands-on and interactive sessions, as well as extended networking and team-building sessions to an audience of pre-qualified insurance carriers.
"We are excited to be a sponsor at Internet of Insurance,
During the event,
- Mapping past and predicting future events impacting policyholders through GIS and Advanced Analytics
- Overlaying data from diverse sources including
NOAA , census data and weather data to visualize it on a map - Helping insurers understand their business landscapes better and how to improve interaction with policyholders
"I'll be talking predominantly about the importance of incorporating new technologies in the insurance industry," Bishop said. "Incorporating GIS and Advanced Analytics into existing business processes is no longer an option – it's a necessity. Internet of Insurance is the perfect forum to unlock the newest trends in analytics, and understand how that data fuels business growth and development." With risk determination based on individual customers' characteristics and behaviors becoming more common, advice-led customer interactions are increasingly more frequent and real time. For that reason, both IoT and Artificial Intelligence applications hold enormous potential when it comes to assessing risk and pricing premiums more accurately, as well as reducing claims, identifying fraudulent claims and automating business processes.
- Key performance metrics, including partner insurance agencies and various insurance products
- A holistic view of the entire operation. Data can be drilled down to enable management to monitor the business from both a big picture perspective and at a tactical level
- Real-time access to information within CRM ensures that information displayed is always accurate.
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Read the full story at http://www.prweb.com/releases/2017/09/prweb14728371.htm



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