“Letting the ATO link to other datasets may feel a little ‘big brother’ but it makes filling out my tax return massively simpler,” writes Hugh Miller as he considers the importance of trust in increasingly advanced use of data and models.
There is a paradigm shift occurring between insurers and insureds as ‘big data’ allows for policies tailored more to customer lifestyle and behaviour, an Actuaries Institute event has heard.
VIDEO: Speakers at the Changing Face of GI Seminar warned of the pitfalls in investing in legacy products at the expense of innovation and failing to harness the value of 'unstructured, volatile and real-time' big data.
Advances in legalising car sharing networks have the potential to challenge and transform insurance. In just 12 months, Uber has been authorised in 26 cities around the world and is…
