This paper builds on the November 2018 IAIS Issues Paper on Increasing Digitalisation in Insurance and its Potential Impact on Consumer Outcomes1 (Digitalisation Paper) by focusing more specifically on issues relating to the use of personal and other data by insurers as a result of digitalisation.
The scope of this paper focuses on the use of algorithms and advanced analytics capabilities by insurers to make decisions based on patterns, trends and linkages and the availability to insurers of new data sources, collectively referred to as “big data analytics” (BDA). …
Quelle / Link: Issues Paper on the Use of Big Data Analytics in Insurance (online abrufbar)