Ray Wright

As insurance companies reduce their risks and become more competitive in the market, the advantage will move to those who are more adept at managing and leveraging the coming flood of data. Choose to be proactive about your data strategy and take the first step now. In this article, we'll delve into what you need to know to get started.

While many businesses fixate on digital transformation, research shows that 70% fall short of expectations in this area because they focus too heavily on technology as the answer, and not enough on other key elements required to implement change. Digital transformation goes beyond technology, as AI and ML are now being used extensively to improve efficiency and performance.

Before you build your infrastructure, it's important to have the right processes and metrics in place to ensure the data used for AI/ML models are accurate and complete—so your decision-making is on point. Read on to learn more about the AI and ML-driven future and what you can do to stay ahead.

What is the efficacy of your data, and how can it handle the unknown? Nobody could have predicted the impact of a global pandemic on data analytics, which was the catalyst for rapidly changed consumer behavior, disrupted supply lines, digital acceleration, and huge variations in demand across geographic regions. Luckily, we find three ways to reduce unpredictability, uncertainty, and risk—and not just by relying on a gut feeling.

What’s happening in the world of contact data verification? Why is it important? And what should you be looking out for?

When address validation first became a product, the focus was on increasing the effectiveness of direct mail campaigns and ensuring delivery of important account notifications and legal documents. But times have changed and while these are still important reasons for employing an address validation solution, there are now even more reasons and benefits.

eCommerce has quickly become the mainstay of many business strategies as retailers accelerate digital transformation. Representing upwards of a fifth of all retail sales in the U.S., retailers realize the importance of eCommerce and how it can grow their business exponentially. 

Credit reporting can be challenging at the best of times but right now there’s more than usual to be concerned about. By proactively validating your data and eliminating common errors, we can help you reduce frustration, risk, and cost, increase satisfaction, and give you your time back, even during a crisis.

In today’s uncertain retail environment maximizing customer satisfaction requires anticipating the challenges customers may face. When you validate your addresses, you are making things right. By having accurate shipping addresses, you can avoid bad outcomes that result in lost goods.

To ensure successful email delivery, reduce the chances of being filtered out by an email service provider (ESP), and avoid becoming blacklisted as a spammer, organizations need to ensure the accuracy of the email data held in their mailing lists. Learn more about Experian’s industry-leading technology which verifies business domains, international domains, and consumer domains like Yahoo!, Gmail, Hotmail, and more.

After meeting with many data practitioners this week, there continues to be a universal desire to shift data management from reactive—data for compliance or regulatory mandates—to proactive and to leverage data to drive insights that will deliver profits to the business. Learn how they are approaching this initiative.

The CIO of Flushing Bank recognized that the ability to find reliable and consistent answers to the business’s questions was in jeopardy due to issues with the bank’s data and processes. Learn how they decided to fix their data issues and strengthen their data governance process.