About this document
Predictive Analytics in Insurance Explained by Monjurul Hoque is a document available to read on EtoBox.
Predictive analytics leverages existing data to forecast future events and improve business decision-making by identifying patterns and trends. In the insurance sector, it streamlines claim approvals and risk assessments through algorithms that analyze past claims, enabling quicker responses and fraud detection. This technology ultimately helps insurance companies accurately estimate future risks and expenses.
- Author
- Monjurul Hoque
- Language
- EN