Bain & Company
Bain & Company is one of the world's leading business consulting firms. We work with top executives to help them make better decisions, convert those decisions to actions, and deliver the sustainable success they desire. For forty years, we've been passionate about achieving better results for our clients—results that go beyond financial and are uniquely tailored, pragmatic, holistic, and enduring.We advise global leaders on their most critical issues and opportunities: strategy, marketing, organization, operations, technology and mergers & acquisitions, across all industries and geographies. We've worked with the majority of the Global 500, thousands of major regional and local companies, and private equity funds representing 75 percent of global equity capital. We are proud of our clients' track record, like the fact that our public clients have historically outperformed the stock market 4 to 1.
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How insurers can invest in big data analytics to improve decision making
Big data and advanced analytics have begun to yield big payoffs for a few insurance companies and insurers globally plan to spend more on it over the next three to five years. This article highlights how big data can improve decisions in three key areas.
Calling on procurement to add more value to insurance claims management
Given the low priority assigned to claims handling in the past, many insurers face a capabilities gap, with under two-thirds of claims fully transparent to insurers’ own staff. This paper highlights how a broader, more strategic approach to claims procurement allows insurers to make improvements.