New Delhi, April 13 -- In the current data revolution, insurers are in an advantageous position - owing to the large volumes of data they collect. For the insurance industry, data is arguably the most crucial asset, forming the basis for decision-making. To leveraging this efficiently for future growth, insurers need to maximize ROI from the information available to them.

The latest developments in technology make data analytics and utilization significantly easier and allow insurers to draw meaningful, actionable insights. Not only do these insights help speed up the underwriting and claims management processes but are vital for developing personalized services. In today's age, with technology at their fingertips, insurers can use data ...