Finding an antidote to analysis paralysis

As businesses move to integrate big data into their strategies, now is the time to get the basics of analytics right.

Australia’s adoption of life insurance is at a decade low, with approximately one in five Australians failing to renew life insurance. Combined with eroding margins due to an increase in claims, and associated costs in areas such as salary continuance, this is creating tough competition between insurers who are now placing an increased focus on the cost of investing in people, processes and technology to support the business.

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