The Decision Science Maturity Index in Life and Health Insurance: Where do insurers stand and the most exciting use cases in the market today

How does decision science impact the insurance industry? What is the decision science maturity index and how has it been applied in life and health insurance? Deloitte, in collaboration with Montoux and Amazon Web Services (AWS), shared their insights on this topic at the InsureTech Connect (ITC) Asia 2021 in June. 

The Decision Science Maturity Index in Life and Health Insurance: Where do insurers stand and the most exciting use cases in the market today

Data and the insights it provides have an increasingly vital role to play in life and health insurance, particularly with regards to their decision making capabilities. How big data integration is playing out in the market impacts insurance carriers, policyholders, and shareholders alike.

In this session, we discuss how insurers move from the first stage of awareness through to transformation, analyzing how process optimization, data infrastructure, and digital transformation impact the insurer's ability to leverage big data analytics and use it to make better decisions. We also explore some of the most exciting use cases for decision science in the APAC market today.