How Decision Intelligence Is Revolutionizing the Insurance Value Chain

The insurance industry is evolving dramatically to meet diverse challenges impacting every part of the insurance value chain. And the most successful insurers today are those moving fastest to innovate their use of data and embrace a new age of digital transformation: Decision Intelligence.  

Still, even with a strong commitment to modernization, change isn’t easy. To unify their data and generate actionable intelligence for decision-making, insurers need to overcome a host of challenges, from legacy IT systems to fragmented and siloed information. Here’s where Decision Intelligence technology can help.  

With the right Decision Intelligence Platform, insurers can connect and operationalize their data, from any source and of any quality, to develop a richer and more comprehensive understanding of every applicant, customer, claimant, third-party, supplier and risk across the entire insurance value change. 

These insurers are also seeing impressive results – like a 1%+ reduction in loss ratios through automated underwriting and claims decisioning.