Data Governance in Insurance

As more data becomes available to insurers, the importance of data governance increases. Insurers today have a wealth of information available to better understand their customers- health, wealth, assets, and driving statistics sourced from connected devices (IoT), location, weather, video, and social media streams. While this data enables the ability to tailor insurance products uniquely to customers, it also drives the need for increased governance surrounding that data.

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  • Outline a framework for data governance for insurers, encompassing key components and processes
  • Provide examples and use cases of strong insurance data governance in these volatile times, considering regulations, rights, and morals
  • Demonstrate the role and functionality of an enterprise data cloud as part of a data governance strategy

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