11/3/2020 3:26:20 PM Sedgwick advocates joint machine and human approach as false document fraud surges By Mike Daly The loss adjuster has seen an uptick in false document fraud during lockdown. Yet insurers are generally as 80% or more of the data...
6/9/2020 7:54:12 AM Data firms pitch profiling tools at UK councils By Mike Daly Databases used for targeting consumers being used to spot those struggling in pandemic Technology is always a means to and end. The goal...
6/5/2020 3:54:00 PM You're Everywhere and Nowhere, Baby: 4 Kinks in the Data for Insurers By Mike Daly Insurance is a business built on data, so why haven't all insurers taken advantage of the vast repositories of insight that lie only just...
4/10/2020 11:14:17 AM Emulate the digital mastery of FANGS- Amazon, Google..... By Mike Daly "Insurers Admire Digital Giants and Insurtechs More Than Any Other Competitor for Their Approaches to Innovation" Gartner 2020 CIO's...
2/17/2020 10:45:19 AM Structured data: accountant killer, insurer thriller By Mike Daly MTD. Making Tax Digital. Sounds so benign... so modern. Yet for many small accountancy firms in the UK, this is a death knell. What...
8/12/2019 9:14:00 AM The Hartford taps Analytics for home data By Mike Daly Reaffirms how vital wide range of data from multiple and disparate sources is a key success factor for home and contents insurers. Any...
7/22/2019 12:33:30 PM One thing to change: Anecdotes aren’t data By Mike Daly A timely reminder that most decisions are based on bias, anecdotes and need to be based on data. See "Factfulness and why chimpanzees...
1/7/2019 2:11:27 PM How Predictive Analytics Reshaped Decision-Making in 2018 and Will Evolve in 2019 By Mike Daly Organisations are finally beginning to surface, join and analyse the data that for far too long has languished in data silos and...
12/13/2018 12:23:00 PM Blockchain: what’s it good for? Not all a lot, says report By Mike Daly For a technology invented over 10 years ago it does seem a solution looking for a problem. Ambitious white papers and press releases...
12/4/2018 12:00:00 AM You’re Drowning in Data — Now What? By Mike Daly Joining disparate data from silos? Cajoled into AI projects as 72% of your competitors state this is a critical strategic initiative?...
11/19/2018 2:27:48 PM Today's Deep Learning "AI" Is Machine Learning Not Magic By Mike Daly Not magic- reading about the SpiNNaker supercomputer today just reinforced this. "Even with a million processors we can only approach 1%...
11/7/2018 11:42:45 AM Building New Data Engines for Insurers By Mike Daly WHY? Data driven decision creates an upside of from 6% to 9% of an insurer’s combined ratio - Source BCG Studies. Which insurer can...
10/8/2018 4:39:53 PM Why data culture matters By Mike Daly Many analytics projects fail to deliver the outcomes hoped for. Without the culture, resources and focus on data your analytics may fall...
9/4/2018 12:00:00 AM Data Storytelling: The Critical Link Between Analytics And Business By Mike Daly Standalone Analytics and BI are like the "Emperor's New Clothes". - NAKED and laughable. Our insurance customers in the US, Australia, UK...
8/22/2018 1:07:43 PM BI is dead- Long live BI! By Mike Daly "Business intelligence hasn’t lived up to its promise to give users unprecedented access to business insights. Vendors have spent...
7/23/2018 5:43:17 PM Factfulness and why chimpanzees make better decisions than humans By Mike Daly In November 2016 I wrote "The average expert was roughly as accurate as a dart throwing chimpanzee! This conclusion was from a 25 year...