Data, analytics, and ethics Yet, many insurers need help to maximize “Insurers buy data sources the total value of data, despite current and integrate them into their technological advances due to legacy business models, but we have constraints and siloed systems. Making data more accessible, shareable, and actionable not yet built up the components remains a work in progress for most and is required to create repeatable still limited to efficiency and cost control value-generating insights. We’re initiatives. Are there too many point solutions? leaving value and insights on the While convenient to deliver on particular table by analyzing data sets in operational problems, insurers still need to be isolation.” willing to integrate those data sources within Sean Rider current systems. When we combine point One Concern solutions through data cooperation to get a more robust image of an event or situation, insurers access more valuable integrated insights than if they relied on a few single- point solutions. Steven Abel explains this principle eloquently in the podcast below. Listen now Steven Abel Why is EPAM the best kept secret?