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Data Alchemy in Insurance: Revolutionizing the Insurance Industry through Big Data Analytics is written by Sanjay Taneja, Ercan Ozen, Luan Vardar, Mohit Kukreti, Mohammad Kashif and published by Bentham Science Publishers. It's available with International Standard Book Number or ISBN identification 9815313843 (ISBN 10) and 9789815313840 (ISBN 13).
Data Alchemy in Insurance: Revolutionizing the Insurance Industry through Big Data Analytics discusses cutting-edge technologies like machine learning and AI, transforming insurance into a dynamic, customer-centric industry. Spanning fifteen chapters, topics range from predictive analytics for customer retention to ethical dilemmas in data usage. Learn how big data enhances risk assessment, underwriting, and customer engagement, fostering innovation and operational efficiency. Insights into robo-advisors, automation, and sustainable insurance models provide a comprehensive view of industry advancements. Key Features: - The Data-Driven Renaissance: Innovate and grow strategically with big data. - Customer-Centric Transformation: Personalize engagement and satisfaction. - Operational Efficiency: Optimize claims, detect fraud, and assess risk effectively.