Role of Data Science in Insurance Domain
The amount of data that is produced every single moment is unimaginably large. The generated data is significant and has the potential to be usefully repurposed. Here is where data science is useful. Data science is the art of optimizing data so that enterprises may better understand their clients’ needs and expectations and take all […]
Customer Lifetime Value (CLV)
What is Customer Lifetime Value (CLV)? The total amount of money a single client spends with any company over the course of their engagement with their products is known as customer lifetime value or CLV. And it’s a crucial Key Performance Indicator (KPI) for insurance business entity to monitor. Simply said, customer lifetime value enables […]
Insurance Fraud Detecting
What is Insurance Fraud? Insurance fraud costs the economy with loss of huge money every year. Insurance fraud has really overtaken all other forms of identity theft and it increased by an astounding percentage during last decade all over the world. Nevertheless, the vast majority of insurance transactions are legitimate and not fraudulent. Because of […]
Insurance Lead Scoring With Aclysis
What is Lead Scoring? It is a procedure where you rate your leads according to their saleability. You can maximise the value of each lead that comes into your pipeline by using lead scoring. This mechanism aims to assist businesses comprehend why, how, and when to use lead scoring. You may ascertain a prospect’s current […]
Artificial Intelligence (AI) in Daily Life
Artificial Intelligence (AI) in daily life One of the technologies that has received the most attention recently is Artificial Intelligence(AI). We are all aware of how AI(Artificial Intelligence) has impacted various spheres of our lives. Data become a popular topic for a lot of IT companies, investors, and businesspeople who are looking for methods to leverage […]