The insurance industry is primed for advanced analytics because of the long term, in-depth experience of applying statistics to assess risk. Advanced analytics are transforming the insurance industry by pairing traditional actuarial methods with new data driven insights. Analytics can be embedded into every aspect of the insurance industry, from assessing underwriting risk and optimizing claims management, to detecting fraud, waste, and abuse.

Real Phronesis helps insurance companies develop data driven cultures and implement proven product and analytics strategies to deliver results aligned with corporate plans.