Why Analyzing Unstructured Data Benefits Every Claims Manager

If you’re just catching on to the fact that big data is shaking up the insurance industry in a big way, you’re a bit behind the curve. Across all industries, almost 90 percent of large companies say big data is going to revolutionize business operations, according to a report from Accenture. It’s predicted that this revolution will be on a scale comparable with how the internet changed the way we work starting in the 1990s. Remember the way it was before the days of email, Google and filing claims online? Understandably, companies are scrambling to identify the new realities big data will bring, and seize the opportunity it presents. According to that same Accenture survey, 83 percent of companies plan to pursue big data projects in order to try to…

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