Month: May 2017

Leveraging Data To Retain Customers in Insurance Sector

Leveraging Data To Retain Customers in Insurance Sector

Last week, we had published a post on the overview of the challenges faced in Insurance Sector. In this post, we will be going deep into the model that we have developed for Insurance providers to address the pressing problem of Customer Churn. Background Customers are the lifeline of a business. Customer Acquisition and Customer …

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Analytics – the Game Changer in the Evolving Life Insurance Sector of India

Analytics – the Game Changer in the Evolving Life Insurance Sector of India

In our previous article, Transforming Indian Insurance Sector with Data Analytics Edge, we explored how the Indian insurance sector can transform its customer acquisition, customer retention and share of customer’s wallet by adopting advanced, actionable analytics. In this article, we will zero-in on one of the most competitive segments of the insurance sector – the …

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Is the Future of Indian Banking Dependent on Actionable Analytics?

Is the Future of Indian Banking Dependent on Actionable Analytics?

Introduction Growth Challenges to Indian Banking Sector With the current 26 public sector banks, 25 private sector banks, 43 foreign banks, 56 regional rural banks, 1,589 urban cooperative banks and 93,550 rural cooperative banks,1, India is poised to become world’s third largest domestic banking sector in the world by 20502. However, in the face of …

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