Incorporating GIS and Advanced Analytics into existing business processes is no longer an option–it’s a necessity. Internet of Insurance is the perfect forum to unlock the newest trends in analytics, and understand how that data fuels business growth and development.
IRVINE, Calif. (PRWEB) September 22, 2017
Hitachi Solutions America, a leading provider of global industry solutions based on Microsoft Dynamics, is pleased to announce it is a sponsor of the Internet of Insurance Event in Austin, TX, September 26-27. Hitachi Solutions will deliver a presentation on mapping past and predicting future events affecting policyholders through GIS and Advanced Analytics.
Internet of Insurance is the only event bringing together C-and-VP-level insurance executives to share best practices on IoT and AI implementation and optimization and help the industry move forward in terms of revenue maximization and customer engagement. The two-day event will deliver high-level presentations, hands-on and interactive sessions, as well as extended networking and team-building sessions to an audience of pre-qualified insurance carriers.
“We are excited to be a sponsor at Internet of Insurance, North America’s only conference focused 100 percent on IoT applications for insurance,” said Tom Galambos, President at Hitachi Solutions America, Ltd. “We at Hitachi Solutions understand how new technologies – such as IoT and analytics – are delivering critical competitive advantages for insurers seeking to evolve with customers. We look forward to discussing how Hitachi Solutions is helping insurers minimize risk and deliver exceptional customer service with exciting new solutions.”
During the event, David Bishop, Senior Vice President of Product Development and R&D at Hitachi Solutions, will present Geographically Enabling Insurers with GIS and Advanced Analytics where he will discuss:
- Mapping past and predicting future events impacting policyholders through GIS and Advanced Analytics
- Overlaying data from diverse sources including NOAA, census data and weather data to visualize it on a map
- Helping insurers understand their business landscapes better and how to improve interaction with policyholders
“I’ll be talking predominantly about the importance of incorporating new technologies in the insurance industry,” Bishop said. “Incorporating GIS and Advanced Analytics into existing business processes is no longer an option – it’s a necessity. Internet of Insurance is the perfect forum to unlock the newest trends in analytics, and understand how that data fuels business growth and development.”
With risk determination based on individual customers’ characteristics and behaviors becoming more common, advice-led customer interactions are increasingly more frequent and real time. For that reason, both IoT and Artificial Intelligence applications hold enormous potential when it comes to assessing risk and pricing premiums more accurately, as well as reducing claims, identifying fraudulent claims and automating business processes.
Hitachi Solutions delivers a solution to provide holistic insights to help insurance industry clients to gain meaningful insights into their business that drive actionable results. Insurance Sales Insights connects directly to cloud CRM data sources, serving up key business performance information using intuitive visualization. This provides the ability to quickly identify which elements of the business are performing well and which require timely attention.
Key highlights of the solution include:
- Key performance metrics, including partner insurance agencies and various insurance products
- A holistic view of the entire operation. Data can be drilled down to enable management to monitor the business from both a big picture perspective and at a tactical level
- Real-time access to information within CRM ensures that information displayed is always accurate.
For more information on Hitachi Solutions America’s participation at Internet of Insurance, or if you have any questions about Hitachi Solutions America’s products, please contact us here.
About Hitachi Solutions America, Ltd.
Hitachi Solutions America, Ltd. helps its customers successfully compete with the largest global enterprises using powerful, easy-to-use, and affordable industry solutions built on the Microsoft Cloud and enhanced with world class Business Analytics, Portals, and Collaboration. Hitachi Solutions America provides global capabilities with regional offices in the United States, the United Kingdom, Canada, India, Japan, China, and Asia Pacific. For more information, call + 1 949.242.1300 or visit: http://us.hitachi-solutions.com.
About Hitachi Solutions, Ltd.
Hitachi Solutions, Ltd., headquartered in Tokyo, Japan, is a core member of Information & Telecommunication Systems Company of Hitachi Group and a recognized leader in delivering proven business and IT strategies and solutions to companies across many industries. The company provides value-driven services throughout the IT life cycle from systems planning to systems integration, operation and maintenance. Hitachi Solutions delivers products and services of superior value to customers worldwide through key subsidiaries in the United States, the United Kingdom, Canada, India, China, and Asia Pacific. For more information on Hitachi Solutions, please visit: http://www.hitachi-solutions.com.
About Hitachi, Ltd.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society’s challenges with our talented team and proven experience in global markets. The company’s consolidated revenues for fiscal 2016 (ended March 31, 2017) totaled 9,162 billion yen ($81.8 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes power & infrastructure systems, information & telecommunication systems, construction machinery, high functional materials & components, automotive systems, healthcare and others. For more information on Hitachi, please visit the company’s website at http://www.hitachi.com.