Benefits and Challenges Advancing Data Maturity in the World of Insurance
Insurers are constantly challenged with compliance requirements changes, most of which heavily rely on excellent data management. It is crucial for insurers to examine their current data management practices with a critical eye and assess if they are setup to strategically answer and adapt to the regulatory changes of the industry. For every compliance requirement changes, the question for most insurers is whether they simply need to create a minimum viable product or seize this opportunity to truly transform their business and take a market leadership position in the insurance industry.
Read more in https://www.datavirtualizationblog.com. Originally published on May 26, 2022.