Analytics In Insurance | Predictive Analytics in Insurance | Analytics Applications | Great Learning
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- เผยแพร่เมื่อ 31 ก.ค. 2024
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This "Analytics in Insurance" tutorial will help you to learn all the major topics with respect to how analytics is used in Insurance. According to research, more than two-thirds of insurance companies use predictive analytics to reducing issues and expenses, and 60% say the data has helped increase sales and profitability.
The use of data and analytics is nothing new in insurance industry. In a digital world where analytics is revolutionizing the insurance business, it becomes very important for the management to harness the power of analytics to increase their visibility, minimize delays in decision-making, and promote process improvements, it also enables insurers to enhance their decision competency and help them to react to the changing market quickly and effectively.
This tutorial will clear all your doubts that you may have regarding "Analytics in Insurance" including, Why there is a need for Insurance, what are the different types of insurance, challenges faced by them, and much more.
This tutorial will comprise of the following topics:
0:00 Introduction
0:44 - Need for Insurance
8:11 - Risk and Insurance
9:53 - Different Insurance Types
33:00 - Components of an Insurance Company
1:14:40 - Data and Analytics
1:44:56 - Current Trends and Challenges in Insurance
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Thanks for uploading on this topic
We are glad you found our video helpful. If you want to also do assessments and projects along with learning the course please visit and enroll for the free course on our website here: glacad.me/FreeCourses_1000Hours If you complete the courses and the assessments here you will also get a certificate of completion.
Thank you , very informative.
Hi @Sakshi, we are glad you liked our video. Stay tuned with us, we are coming up with lot more informative videos like this. Thank you:)
Good to know
Nice, insurance is an interesting field for Analytics.
Glad you liked it. Subscribe to our TH-cam channel for more videos!
sir can you interpret the skewness of the graph, the 1st graph which normally distributed, what does it mean if the graph is normally distributed. 2nd graph the severity, can you explain what does the graph say? thanks alot
Analytics! Cool
Thank you, stay tuned with us for more videos like these.
Can I get a link or something to download this presentation/ppt?
Its Actuary not Actually in captions.
BTW appreciate the information
good
Interesting Topic
Thanks for the appreciation. Our aim is to provide high-quality education to everyone who wants to learn.
Indias last 10 years of growth observed a turmoil distributed,a turbulent NPV for all virtually tending to 0 sometimes,thus intellectual assessment has to be built to prevent losses in future next 10 other than ensuring high end pricing commodities,insuring at least the portion a steady net present value of daily life applying Division in long term not only foods but the Brush n Toothpaste,the information and the transportation cost in urban areas presumptive way like actuarist.
1:20:54 the maths are wrong for the PV of marketing expenses: 5000/(1.05^.5) = 4879.50, not 487.95. Just so you are aware.
You are absolutely correct, Zachary. This was a typo that slipped past me when I was creating the video. Thanks for alerting me - the narrator of this video.
🏆
Is certification program available in the app for this course?
Hi @tribarna, no we do not have certification course for this particular subject. However, you can check other courses on Data Science, Machine Learning, Artificial Intelligence and lots more for free along with the certification, here is the link: glacad.me/FreeCourses_1000Hours
How did you get 1.1088 at time 1:27:00
name of the narrator?