{"id":2565,"date":"2013-10-28T16:34:09","date_gmt":"2013-10-28T16:34:09","guid":{"rendered":"http:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/?p=2565"},"modified":"2013-10-28T16:34:09","modified_gmt":"2013-10-28T16:34:09","slug":"only-17-of-insurers-use-predictive-analytics-in-claims-towers-watson","status":"publish","type":"post","link":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/only-17-of-insurers-use-predictive-analytics-in-claims-towers-watson\/2565\/","title":{"rendered":"Only 17% of Insurers Use Predictive Analytics in Claims: Towers Watson"},"content":{"rendered":"However, the seventh installment of the company&#8217;s Property &amp; Casualty Claim Officer Survey indicates that use of these technologies is on the rise. Despite many months of commentary indicating the value of predictive analytics in claims, the number of complete implementations at P&amp;C insurers is low, according to the latest installment of New York-based Towers Watson&#8217;s Property &amp; Casualty Claim Officer Survey. The research, which polled 41 chief claims officers this summer, found that only 17% of respondents had been using predictive analytics technology in their claims organization for a year or more. However, another 7% nearly are <a href=\"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/only-17-of-insurers-use-predictive-analytics-in-claims-towers-watson\/2565\/\" class=\"more-link\">(more&hellip;)<\/a>","protected":false},"excerpt":{"rendered":"<p>However, the seventh installment of the company&#8217;s Property &amp; Casualty Claim Officer Survey indicates that use of these technologies is on the rise. Despite many months of commentary indicating the value of predictive analytics in claims, the number of complete implementations at P&amp;C insurers is low, according to the latest installment of New York-based Towers [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[11],"tags":[59,42,179,180,8,178],"class_list":["post-2565","post","type-post","status-publish","format-standard","hentry","category-industry-news","tag-analytics","tag-big-data","tag-claims","tag-pc","tag-predictive-analytics","tag-towers-watson"],"_links":{"self":[{"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/posts\/2565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/comments?post=2565"}],"version-history":[{"count":1,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/posts\/2565\/revisions"}],"predecessor-version":[{"id":2566,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/posts\/2565\/revisions\/2566"}],"wp:attachment":[{"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/media?parent=2565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/categories?post=2565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.predictiveanalyticsworld.com\/machinelearningtimes\/wp-json\/wp\/v2\/tags?post=2565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}