The Value of Data Analytics Is Powerful for Insurance Companies

There’s been a trend in the property and casualty insurance industry to rely less on internal analytics, and to look to third parties for information that helps companies evaluate a customer’s risk.

OneEvent Technologies’ OnePrevent system provides real-time data that allows insurers to monitor their customers’ behavior. While that might sound invasive to the customers, it actually benefits them by helping them learn more about their properties and to influence their behavior with the hope of that paying off in the form of lower premiums.