Expert: Predictive analytics can give insight, help lower costs

02/16/2012 | PropertyCasualty360

Insurance companies can benefit from predictive analytics in enhancing their services, reducing operational costs and supporting their marketing and fraud-detection efforts, writes David Smith of iGate Patni. "By using predictive analytics, insurers can position themselves to take advantage of opportunities in the future. They can gain insight into their information, reduce risks, and improve efficiencies across all areas of their business," Smith writes.

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