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Data competences in the insurance industry

A study on the target vision and the current status of the transformation

Description

The study aims to shed light on the impact of the current rapid developments in data analytics and its applications on the insurance industry, with respect to how insurance companies and their employees can deal with the increasing complexity, both in terms of the structure and scope of the data available and in terms of the methods of analysis and processing. We hope to identify ways in which the collaboration between business and data scientists can be optimized. We want to explore whether there is a risk of a "skills gap" between the skills required and those available, and how this risk can be addressed, both on the human side and through technical solutions.

Key data

Project team

Dr. Jürg Portmann, Alecos Efstathiades

Project partners

Cognizant Technology Solutions AG; Amazon Web Services Switzerland GmbH

Project status

completed, 06/2023 - 04/2024

Institute/Centre

Institute for Risk and Insurance (IRI)

Funding partner

Cognizant Technology Solutions AG

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