Blogs

Knowing and using your data is easy – Understanding what is not available and ‘Why’ is what WE specialise in.

During WWII, a statistician named Abraham Wald was asked to help the US Navy decide how to fortify their bombers to have the best chance of survival. Most experts came in and tried to add armor plates on locations which took the most hit as per data. Wald had a different and seemingly paradoxical idea: adding armor where there was no damage. Assuming a homogenous firing hit rate on all locations in planes, Wald submitted that planes which possibly took hits on fuselage in locations where there was less hit data – never came back !!

Abraham Wald knew the value of unused, uncaptured data just like we do.

Attributum’s PIVOT platform brings life to Insurers’ unstructured, un-captured or unused data and empowers insurers to automate their processes and decisions using this treasure trove of data.
There is terrific savings in cost, efforts and vastly improved CX waiting to happen through unused data in the Insurance ecosystem.

Do reach out to learn how we help Insurers !

https://attributum.com/insurance-quote-for-success/

https://attributum.com/usage-based-insurance-in-indian-auto-industry/

https://attributum.com/insurance-customer-acquisition-in-a-hyperpersonalized-new-world/

 

LtCdr Vijaykumar KP