By Luke Coelho, SDRefinery Summer Intern – 2022 As a data science major entering my senior year, I was excited to land an internship with a company where I could gain some practical experience with data. My excitement was both amplified and cautioned by the fact that I’d never heard of either sentence data or…Read More
An undisputed fact is that in the period from March, 2020 to present, business processes in almost every industry changed significantly. Whenever a business process changes, so do the associated risks.
The changes in business processes emanating from the pandemic highlighted a fact that most every seasoned executive in the industry already knows: things are changing all of the time.
The faster insurance companies learn to tap the wealth of knowledge in their sentence data, the faster they will identify the changes and understand the new universe of opportunities for operational improvement in underwriting and claims.Read More
Conversations are the way in which knowledge is exchanged. Knowledge about what’s happening to who, when, where, how and why. All of that knowledge is facts, circumstances and decisions that we call sentence data.Read More
I invite you to watch the following animation video that uses insurance claims to demonstrate the inherent conflict between systems and sentence data. It is followed by an illustration of the opportunity to radically improve the speed and efficiency of managing risk and increasing operating margins.Read More
At SDRefinery, we believe the profitability of insurance organizations is rooted in the decisions that underwriters, claim adjusters and other professionals make during their daily activities.Read More