Complimentary Home Insurance Report from LexisNexis Risk Solutions
Promise and potential: How data and analytics are shaping the UK home insurance market
The emergence of big data continues to reshape the home insurance industry. Changing consumer expectations, increased competition and pressure on profitability have driven home insurers to innovate and enrich the way they evaluate and price risk and engage with their customers. Home insurers have embraced data and analytics as a fundamental tool for the future but there is still a lot more opportunity.