[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-241433-105":53,"doc-detail-241433-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","the-data-powered-insurer-unlocking-the-data-premium-at-speed-and-scale","THE DATA-POWERED INSURER - Unlocking the data premium at speed and scale","","Insurance companies increasingly rely on data to price risk and adjudicate claims amid a volatile market shaped by climate change, economic shocks, social inflation, and political unrest. The paper describes how insurers use internal and external, real-time sources (including IoT and telematics) to measure emissions, evaluate portfolios through an ESG lens, improve underwriting, and model new risks. Survey findings highlight profitable growth from data-driven engagement, dynamic pricing, modernized risk algorithms, and enhanced claims and risk processing capabilities.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":51,"@type":70,"position":76},"https://docshare.wps.com/template/general/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/the-data-powered-insurer-unlocking-the-data-premium-at-speed-and-scale/241433/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/the-data-powered-insurer-unlocking-the-data-premium-at-speed-and-scale/241433.png","ImageObject",442,249,{"name":88,"@type":89},"Oliver","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-09-25","2026-09-12",true,{"@type":98,"interactionType":99,"userInteractionCount":47},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"How do insurers benefit from becoming data-driven?","Question",{"text":108,"@type":109},"Insurers use data to accelerate growth, improve customer engagement, reduce churn, and assess risk with greater nuance. This supports niche market entry and more accurate, competitive pricing of emerging risks.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"What does the research say about how data initiatives are distributed?",{"text":113,"@type":109},"Data initiatives scale most across sales and distribution, underwriting/pricing/risk management, and operations. Other areas like product development and customer services show lower levels of scaling.",{"name":115,"@type":106,"acceptedAnswer":116},"What technologies and data sources are highlighted as enabling outcomes?",{"text":117,"@type":109},"The document emphasizes internal and external real-time data, including IoT and telematics, to enable customizable services, risk-mitigation solutions, modular pricing, and dynamic updates to actuarial models.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},241433,1789175310,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":50,"category_name":51,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":47,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":135,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":125,"read_time":140},8796095461610,"https://ap-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c","THE  \nDATA-POWERED  \nINSURER  \nUnlocking the data premium at speed and scale  \nINTRODUCTION  \nInsurance companies have long relied on data to price  \nrisk and adjudicate claims. In an increasingly dynamic (and volatile) market environment, the importance of data has only increased. The frequency and severity of extreme events have escalated, from climate change to globalized economic shocks,“social inflation”(rising litigation claims), and political unrest. Climate change is having a huge impact on coverage scope and underwriting assumptions. Using data, insurers not only have the opportunity to measure, report, and mitigate emissions from their own operations, but also do this for policyholders. They can understand and evaluate investment portfolios from an environment, social, governance (ESG) lens. All of this, would require requiring more sophisticated and comprehensive data models to understand and manage the impact of ESG factors on insurers’ growth and profitability.  \nTechnological changes such as the advent of autonomous vehicles and connected health will require more efficient and effective use of data in order to allow these segments to grow profitably. These factors have made understanding, managing, and accurately pricing risk more critical than ever.  \nAs data volumes increase exponentially,1 insurance organizations can draw on internal and external data sources to become more competitive, relevant, compliant, and profitable in the long term. By analyzing internet of things (IoT) and telematics data, insurance organizations can offer customizable services, risk-mitigation solutions, and modular pricing. Already, this is built into customer expectations across both retail and commercial lines; customers are prioritizing convenience, comprehensive coverage, favorable underwriting terms, customized advice, dynamic pricing, omnichannel engagement, and fast processing of claims.  \nInsurance companies with access to large volumes of nontraditional, real-time data sources (telematics, wearables, social-media data, etc.) are well positioned to meet these expectations. Those that have developed strong data and analytics capabilities will continue to win market share and create shareholder value, impacting key metrics such as loss ratios; speed and accuracy of pricing risk and claim settlements; persistency levels, etc. At the same time, competition is heating up. InsurTech companies are gaining ground by using more precise consumer data to gain deep, personalized insights, as well as to improve cross-and  \nupselling technique and strategy. For that primary reason, several large traditional insurance carriers are partnering closely with InsurTechs, both to deliver new capabilities to their customer bases at speed and to facilitate their entry into new segments.  \nIn our World InsurTech Report 2021, we outlined how commitment to Convenience, Advice, and Reach (CARE) can positively impact insurers. CARE, when powered by data at scale, becomes a potent combination that can allow individual organizations to compete in the evolving insurance marketplace.  \nBelow are the key questions we address in this research:  \n1. How are insurance companies benefitting from being data-driven?  \n2. What are data-powered organizations doing differently?  \n3. How can insurance organizations transform into datapowered enterprises?  \n35%  \nof insurers have gained competitive advantages from their investments in data and analytics, such as growth in premiums written and improvement in loss ratios .  \n2 The data-powered insurer: Unlocking the data premium at speed and scale  \n3  \nEXECUTIVE SUMMARY  \n– KEY TAKEAWAYS  \nINSURERS ARE DRIVING  \nPROFITABLE GROWTH WITH DATA  \nA number of insurers are already channeling the insights obtained from proliferating data volumes to accelerate their growth. They are better able to engage customers; cater to granular customer segments; reduce churn; and assess risk. Equipped with a more nuanced view of risk, they","cbCaiaFlMrElBO7m","https://ap.wps.com/l/cbCaiaFlMrElBO7m","pdf",8931760,64,"English","# Introduction\n## Executive summary - Key takeaways\n### Insurers driving profitable growth with data\n### Data initiatives across the insurance value chain\n### Data-powered insurers racing ahead","[{\"question\":\"How do insurers benefit from becoming data-driven?\",\"answer\":\"Insurers use data to accelerate growth, improve customer engagement, reduce churn, and assess risk with greater nuance. This supports niche market entry and more accurate, competitive pricing of emerging risks.\"},{\"question\":\"What does the research say about how data initiatives are distributed?\",\"answer\":\"Data initiatives scale most across sales and distribution, underwriting/pricing/risk management, and operations. Other areas like product development and customer services show lower levels of scaling.\"},{\"question\":\"What technologies and data sources are highlighted as enabling outcomes?\",\"answer\":\"The document emphasizes internal and external real-time data, including IoT and telematics, to enable customizable services, risk-mitigation solutions, modular pricing, and dynamic updates to actuarial models.\"}]","THE DATA-POWERED INSURER - Unlocking the data premium at speed and scale | PDF",22]