Capgemini Research Institute

The data-powered insurer:

Unlocking the data premium at speed and scale

For insurers, data is the key to success

Data is a mainstay for insurance organizations, but becoming data-powered is easier said than done and competition from InsurTechs is on the rise. So, how can insurance organizations transform into data-powered enterprises? We wanted to find out.

For the latest Capgemini Research Institute report, The data-powered insurer: Unlocking the data premium at speed and scale, we surveyed over 500 insurance executives at 204 insurers with over $1bn in annual revenue, and found that data masters who make the best use of data are already winning market share, improving key ratios, and generating superior risk intelligence.

To achieve this level of data mastery, insurance organizations should build the infrastructure to allow rapid implementation of data-derived insight, establish an appropriate operating model to scale data-driven use cases, foster a strong data culture across the organization, and orchestrate an open-data ecosystem.

Those that succeed will reap massive rewards, even as they work towards their end-goal. To read more about our recommendations and find out what concrete steps your organization can take today to become data-powered, download the report.

Infographic - Data Masters...

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Data Masters in Insuran...

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Meet our experts

Ramana Bhandaru

Provides oversight for our Banking, Capital Markets and Insurance clients and solutions and works with CDOs and CTOs advising on strategy and road maps.

Zhiwei Jiang

CEO, Insights & Data Global Business Line Expert in Data Analytics, Big Data and Data Warehousing

Erwin Vorwerk

Expert in Insights and Data, Data Management, Business Intelligence, Advanced Analytics, Big Data and AI

Shyamsree Nandi

“Find your purpose at work regardless of what is popular or what is easy. And when you have found it, give it your unwavering courage and every ounce of passion that you have.”