Industry Leaders Co-Present on Embracing Predictive Analytics to Drive Higher Profits and Competitive Advantages for Insurance Companies
FAIRFAX, VA – April 19, 2016 – Salient Commercial Solutions (Salient), a leading provider of technology consulting services announces that Cynthia Walker will be co-presenting with Daniel Borges at the Insurance Technology Association’s (ITA) April event, ITA LIVE, in Ft. Lauderdale, Florida. The topic is “Untapped Riches”. The presentation will be on Thursday April 21, 1:30 PM EST.
Ms. Walker, an innovator and Vice President of Salient CRGT’s Data Analytics Innovation Center, delivers game-changing, impactful advanced analytics and big data solutions. As a recognized industry leader and author of numerous articles, she has over 25 years of experience helping commercial and government entities better manage and exploit data assets to enhance business outcomes, reduce risks, and increase efficiencies.
“Insurers today are sitting on a goldmine of untapped riches in the form of their enterprise data assets and readily available public data,” says Ms. Walker, “In the past, small- to mid-sized insurers may have hesitated to launch big data predictive analytics initiatives using those data assets because of concerns over specialized skills, complex technologies, or investment costs. Recent innovations and advancements in predictive analytics technologies, particularly the explosion of self-service features, have, in effect, democratized advanced analytics and reduced the costs.”
Daniel Borges, Vice President and Chief Information Officer of Tuscarora Wayne Insurance Company, has more than 20 years in practice with information systems in the insurance industry. As CIO, Mr. Borges is responsible for providing the digital business experience necessary to be competitive today. Previously employed by LexisNexis Insurance Software, his experience includes developing and deploying network infrastructure and software systems, and performing systems and business analysis to develop insurance software used by more than 70 insurance companies across the United States.
“Insurance companies are looking to make the most of their data,” says Mr. Borges. “Today, we can unlock tremendous value from our data assets for higher profits and competitive advantage very quickly and with a relatively small investment. Technology has opened the doors for insurers to realize the true benefits of data – analyzing it to forecast the future trends of the market. ”
In the session, Ms. Walker and Mr. Borges will provide examples and a compelling business case for insurers on how to embrace predictive analytics now.
“I am very excited about the program put together for ITA LIVE,” said Jim Daggett, Executive Director of the ITA. “Using predictive analytics is vital for companies that want to improve their products, increase their profits, and fulfill the needs of their customers.”
The Insurance Technology Association (ITA) is a unique organization whose goal is to provide members with opportunities to collaborate, educate, network, share, and use knowledge related to insurance technology. The ITA serves the insurance technology community as a resource and is dedicated to serving this specialized sector of the industry. Publications and educational programs created by the ITA are geared to professionals interested in or charged with evaluating, implementing, and marketing insurance-specific technology systems or services. The event will be held at the Marriott Harbor Beach Resort, Ft. Lauderdale, FL April 20 – 22, 2016. https://www.itapro.org/Event/ShowEventDescription/2067.
About Salient Commercial Solutions, Inc.
We are an IT consulting firm that is dedicated to equipping our customers with the competitive edge they need in today’s commercial marketplace. Backed by our Innovation Centers in Agile, Data Analytics, Cyber Security and Mobility we are committed to building capabilities and delivering quality solutions to accelerate business results. Our Insurance Productivity Services Group is nationally recognized for its 24 years of experience in helping insurers successfully integrate best in class technologies and strategies. Our staff’s combination of real world insurance experience, technical proficiency and business acumen uniquely positions us to provide exceptional, ongoing value to our customers. Salient Commercial Solutions, Inc. is a wholly owned subsidiary of Salient CRGT. More information is available at http://www.salientcommercial.com/
More information, please contact: