Big data, machine learning and AI have become ubiquitous terms attracting widespread interest in the insurance industry with some citing it as the top disrupter with great impact on the insurance industry. While the insurance industry has always used historical data for business intelligence, big data marks the evolution from descriptive analytics to prescriptive analytics enabling insurance organisations to make decisions based on real-time data instead of historic data, experience, and gut feeling.

This programme covers a broad range of issues relating to big data and AI including the Big Data Landscape, the nature of Big Data, modelling concepts and developing a Data Analytics strategy. Through using of case studies, participants will also examine big data opportunities that can be taken advantage of by insurance companies in their various business functions. This is the ideal programme for participants wishing to explore services that go beyond insuring risks by offering active risk management on a forward-looking basis.