From “Data Rich, Information Poor” to Data Driven: A Practical Guide to Understanding and Managing Data in Insurance (Insurance Transformation Series, Band 2) - Softcover

Inhaltsangabe

Insurance runs on data — yet most insurers remain “data rich, information poor.”

This book explains why, and more importantly, how to fix it.

From "Data Rich, Information Poor" to Data Driven gives business leaders, data professionals, and transformation practitioners a clear, end-to-end guide to how insurance really works beneath the surface — as a digital, data-driven business.

Across four structured parts, the book demystifies the entire insurance data landscape:

• Foundations: What insurance is, how its products are defined, and why everything in insurance ultimately reduces to data.
• The Digital Core: How decades of systems — from mainframe to distributed architectures to GenAI — have shaped the modern insurance operating environment.
• Data Management: A practical, inside look at the platforms that make data trustworthy and usable: MDM, ODS, DWH, ECM, BI, Data Lakes, predictive analytics, and GenAI.
• Modern Capabilities & Intelligence: Real-world examples of how insurers can use data to become smarter — real-time Customer 360, IoT-powered connected insurance, underwriting intelligence, claims fraud detection, catastrophe imagery, and parametric products.

Clear, accessible, and grounded in real industry practice, this book opens the black box of insurance operations. It shows how data is created, moved, transformed, governed, and ultimately turned into decisions — and what it takes for insurers to become truly data-driven in a world defined by complexity, competition, and accelerating change.

Whether you work in underwriting, claims, product, technology, data, or transformation, this is your essential guide to building the modern insurance enterprise.

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