LIMRA Research Finds 9 in 10 Insurers Use Big Data Analytics to Gain Competitive Edge

LIMRA’s 2015 Big Data Analytics Conference Probes Challenges, Assesses Opportunities for Companies

WINDSOR, Conn., June1, 2015—LIMRA research reveals 9 in 10 life insurance companies use big data analytics for a competitive advantage. LIMRA is hosting its second annual Big Data Analytics Conference, June 24–26, 2015, in Boston, to help financial services executives learn best practices and case studies around Big Data.

“Companies are exploring how to use big data and data analytics to full effect to increase revenue, reduce risk, enhance communication and improve customer retention,” said Eric Sondergeld, corporate vice president, LIMRA Distribution and Technology Research. “Our conference will address the challenges and opportunities in this evolving field, sharing insights and knowledge from the industry leaders.”

The conference’s keynote presenter will be Eric Siegel, Ph.D., founder, Predictive Analytics World, who will discuss using predictive analytics for marketing and to lower costs. David Silverstein, president and CEO, BMGI, also a general session speaker, will talk about the continued need for human intelligence amid the new onslaught of information.

Workshops will focus on data analytics, data warehousing and predictive modeling and how to leverage these tools, in marketing, underwriting, claims, and distribution. “This is very much a participant-driven event,” said Sondergeld. “And the goal is coming up with data strategies that work and deliver insight, value and return on investment.”

The conference will be held at the Seaport Hotel and World Trade Center in Boston. Those who register before June 4 will receive a discount. To learn more and register online, please visit: LIMRA 2015 Big Data Analytics Conference.

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LIMRA Contacts

Catherine Theroux, +1-860-285-7787, ctheroux@limra.com
Mark Morris, +1-860-285-7875, mmorris@limra.com

About LIMRA

LIMRA, a worldwide research, learning and development organization, is the trusted source of industry knowledge, helping more than 850 insurance and financial services companies in 64 countries. Visit LIMRA at www.limra.com.