{"id":549417,"date":"2022-01-27T06:39:00","date_gmt":"2022-01-27T06:39:00","guid":{"rendered":"https:\/\/www.capgemini.com\/gb-en\/?post_type=research-and-insight&#038;p=549417"},"modified":"2025-03-11T07:54:32","modified_gmt":"2025-03-11T07:54:32","slug":"the-data-powered-insurer","status":"publish","type":"research-and-insight","link":"https:\/\/www.capgemini.com\/gb-en\/insights\/research-library\/the-data-powered-insurer\/","title":{"rendered":"The data-powered insurer"},"content":{"rendered":"\n<header class=\"wp-block-cg-blocks-hero-reusable header heroReusable  \"><div class=\"header-bgs\"><picture><source srcset=\"https:\/\/www.capgemini.com\/gb-en\/wp-content\/uploads\/sites\/5\/2022\/01\/Capgemini_Research-and-Insights.jpg?w=2880&amp;quality=70 1x, https:\/\/www.capgemini.com\/gb-en\/wp-content\/uploads\/sites\/5\/2022\/01\/Capgemini_Research-and-Insights.jpg?w=2880&amp;quality=70 2x\" media=\"(min-width: 1500px)\"\/><source srcset=\"https:\/\/www.capgemini.com\/gb-en\/wp-content\/uploads\/sites\/5\/2022\/01\/Capgemini_Research-and-Insights.jpg?w=1440&amp;quality=70 1x, https:\/\/www.capgemini.com\/gb-en\/wp-content\/uploads\/sites\/5\/2022\/01\/Capgemini_Research-and-Insights.jpg?w=2880&amp;quality=70 2x\" media=\"(min-width: 992px)\"\/><source srcset=\"https:\/\/www.capgemini.com\/gb-en\/wp-content\/uploads\/sites\/5\/2022\/01\/Capgemini_Research-and-Insights.jpg?w=1024&amp;quality=70 1x, https:\/\/www.capgemini.com\/gb-en\/wp-content\/uploads\/sites\/5\/2022\/01\/Capgemini_Research-and-Insights.jpg?w=1024&amp;quality=70 2x\" media=\"(min-width: 768px)\"\/><source srcset=\"https:\/\/www.capgemini.com\/gb-en\/wp-content\/uploads\/sites\/5\/2022\/01\/Capgemini_Research-and-Insights.jpg?w=768&amp;quality=70 1x, https:\/\/www.capgemini.com\/gb-en\/wp-content\/uploads\/sites\/5\/2022\/01\/Capgemini_Research-and-Insights.jpg?w=768&amp;quality=70 2x\" media=\"(min-width: 0)\"\/><img decoding=\"async\" src=\"https:\/\/www.capgemini.com\/gb-en\/wp-content\/uploads\/sites\/5\/2022\/01\/Capgemini_Research-and-Insights.jpg\" class=\"header-img header-img-d\" alt=\"\" style=\"object-fit:cover;object-position:55.00000000000001% 51%\" loading=\"eager\"\/><\/picture><\/div><div class=\"heroPictureCardHeaderShape\"><\/div><div class=\"container\"><div class=\"row\"><div class=\"col-md-12\"><div class=\"box\"><div class=\"boxTagWrapper\"><div class=\"tagInfo\"><div><span class=\"box-tag\">Digital transformation<\/span><\/div><\/div><\/div><div class=\"box-title\"><h1 data-maxlength=\"34\">The data-powered insurer:<\/h1><\/div><div class=\"inner-row-insight download-btn\"><div class=\"col-md-4 downloadFiles \"><a class=\"button-download--small\" type=\"download\" href=\"https:\/\/www.capgemini.com\/gb-en\/wp-content\/uploads\/sites\/5\/2022\/05\/Final-Web-Version-Data-Masters.pdf\" target=\"_blank\" rel=\"noopener noreferrer\" title=\"opens in a new window\"><span>Report-Data-Masters<\/span><span class=\"type\">9 MB  pdf<\/span><\/a><\/div><div class=\"col-md-4 downloadFiles \"><a class=\"button-download--small\" type=\"download\" href=\"https:\/\/www.capgemini.com\/gb-en\/wp-content\/uploads\/sites\/5\/2022\/05\/Final-Infographic-Data-Masters.pdf\" target=\"_blank\" rel=\"noopener noreferrer\" title=\"opens in a new window\"><span>Infographic-Data-Masters<\/span><span class=\"type\">822 KB  pdf<\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><\/header>\n\n\n\n<section class=\"wp-block-cg-blocks-group undefined section section--article-content\"><div class=\"article-main-content\"><div class=\"container\"><div class=\"row\"><div class=\"col-12 col-md-11 col-lg-10 offset-md-1 offset-lg-1\"><div class=\"article-text article-quote-text\">\n<h3 class=\"wp-block-heading\" id=\"h-for-insurers-data-is-the-key-to-success\">For insurers, data is the key to success<\/h3>\n\n\n\n<p>Data is a mainstay for insurance organisations, but becoming data-powered is easier said than done and competition from InsurTechs is on the rise. So, how can insurance organisations transform into data-powered enterprises? We wanted to find out.<\/p>\n\n\n\n<p>For the latest Capgemini Research Institute report, <em>The data-powered insurer: Unlocking the data premium at speed and scale<\/em><em>, <\/em>we surveyed over 500 insurance executives at 204 insurers with over $1bn in annual revenue, and found that data masters who make the best use of data are already winning market share, improving key ratios, and generating superior risk intelligence.<\/p>\n\n\n\n<p>To achieve this level of data mastery, insurance organisations should build the infrastructure to allow rapid implementation of data-derived insight, establish an appropriate operating model to scale data-driven use cases, foster a strong data culture across the organisation, and orchestrate an open-data ecosystem.<\/p>\n\n\n\n<p>Those that succeed will reap massive rewards, even as they work towards their end-goal. To read more about our recommendations and find out what concrete steps your organisation can take today to become data-powered, <a href=\"https:\/\/www.capgemini.com\/gb-en\/wp-content\/uploads\/sites\/3\/2022\/01\/Final-Web-Version-Data-Masters-1.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">download the report<\/a>.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":103,"featured_media":549421,"template":"","meta":{"cg_dt_proposed_to":[],"cg_seo_hreflang_relations":"[]","cg_seo_canonical_relation":"","cg_seo_hreflang_x_default_relation":"{\"uuid\":\"b21206d4-ead5-4070-b3b5-8881ea6c83e5\",\"blogId\":\"\",\"domain\":\"\",\"sitePath\":\"\",\"postLink\":\"\",\"postId\":null,\"isSaved\":true,\"isCrossLink\":false,\"hasCrossLink\":false}","cg_dt_approved_content":true,"cg_dt_mandatory_content":false,"cg_dt_notes":"","cg_dg_source_changed":false,"cg_dt_link_disabled":false,"footnotes":"","related_resource_url":"","related_resource_id":0,"related_resource_size":"","related_resource_type":"","cg_author":0,"_yoast_wpseo_primary_theme":407,"primary_term":"Digital 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