Assurances for Insurance Companies – Leveraging Big Data Without Big Risk Feb 12, 2016
Imagine a world without insurance. Imagine driving a car without knowing your liability in the event of an accident. Imagine going to the doctor without knowing how much every symptom could drain your bank balance. Imagine buying a home without knowing how much it would cost to rebuild after a disaster.
These are the assurances we get from insurance companies to maintain the well being of our personal assets and ourselves. But what about the well being of insurance companies in today’s data-driven economy? Who gives them assurances for their data assets and big data initiatives?
Today, these firms have a huge opportunity to leverage data—from the past and present, from a multitude of data sources, and from millions of customers—to analyze their current businesses, predict the future state of affairs, and deliver new and better services to customers. But to make the most of it, they’ll gather and analyze a lot of data that’s considered sensitive, private, or personal and, in the process, create big compliance gaps and security risks… sometimes, without even knowing it.
Hadoop is the perfect big data platform for storing and analyzing the variety and volume of data available. But insurance companies need to know that their sensitive data assets will be protected, against all odds.
Join Dataguise and Hortonworks on February 25th at 10am PST/1pm EST for a live webinar to learn what’s required of insurance companies embarking on big data initiatives and how we’re working together to help them safely unlock the value of all their data assets.
Webinar on February 25, 2016 at 10am PST/1pm EST:
How Insurance Companies Can Leverage Big Data for Big Customer Insight—Without Putting PII/PHI at Risk
Get more insights from Hortonworks Insurance Industry Manager Cindy Maike in her blog: Leverage Big Data for Insurance Insights Without Putting PII/PHI at Risk.