by James Taylor | Feb 27, 2019 | Business Process, Business Rules, Decision Automation, Decision Management, Insurance, Predictive Analytics
Matt Josefowticz wrote a great piece recently – Technology May be the Answer for Insurers, but What Was the Question? In this he argues that there are only three levers of value in insurance: 1. Sell More 2. Manage Risk Better (aka underwriting and...
by James Taylor | Feb 12, 2019 | Business Process, Business Rules, Decision Management, Predictive Analytics
We do a lot of decision management projects, helping clients adopt the technologies and approaches they need to succeed with digital decisioning and decision automation. One of the key technologies for these types of projects is a Business Rules Management System...
by James Taylor | Nov 13, 2018 | Business Intelligence, Business Process, Business Rules, Decision Automation, Decision Management, Decision Modeling, DMN, Insurance
80% of data and analytics leaders with global life insurance and property & casualty carriers surveyed by McKinsey reported that their analytics investments are not delivering high impact. What’s stopping them from delivering high impact? 38% of those surveyed...
by James Taylor | Nov 12, 2018 | Business Rules, Decision Management, Decision Modeling, DecisionsFirst Modeler, DMN, Product News
We have a new Leading Practices brief available – Decision Modeling and DMN for IBM Customers. IBM has long been a leading player in business rules management systems and Decision Management Solutions has many customers using IBM Operational Decision Manager in...
by James Taylor | Oct 3, 2018 | Business Rules, Decision Modeling, DecisionsFirst Modeler, Product News
IBM yesterday announced that Operational Decision Manager v8.10 (ODM – IBM’s Business Rules Management System) will be available in December and will support decision modeling. This is great news as it will bring the Decision Composer functionality IBM has...
by James Taylor | Aug 29, 2018 | Business Rules, Decision Automation, Decision Management, Decision Modeling, Digital Business, Insurance, Marketing, Predictive Analytics
A key way for insurers to respond to disruption in the insurance market is to more effectively personalize their marketing. Targeting prospects and especially customers with unique, personalized messages is a way for traditional carriers to be “disruptive”. Indeed...
