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No data scientist on staff? 6 alternative sources of data expertise

I saw the following quote last week in one of the daily news feeds I subscribe to:

“We have data science needs all over the place.”
–Progressive Group CIO, Ray Voelker

I think we can agree that Progressive is one very forward-thinking leader in the highly competitive world of personal lines insurance, and that Mr. Voelker is one of its fastest paced leaders. He has tons of data at his fingertips as well as access to formidable resources in what Progressive calls its “Business Innovation Garage,” or BIG, which serves as Progressive’s version of Lockheed Martin’s Skunk Works. These guys KNOW what they’re doing with big data. 

If Progressive, of all companies, has data science needs “all over the place,” what about you and your company? As the risk manager, you have enormous amounts of data that are critical to getting your job done. You have financial data, operational data, claim and claimant data, property data, litigation data and so much more. In effect, you are sitting on a mountain of inestimable value. But how do you tap into that value?

Topics: risk management data management Data Security Policy and Insurance Program Management

We’ll show you ours. Will they show you theirs?

The headline of this post refers, of course, to Ventiv’s renewed HIPAA Security accreditation. I’m proud to announce that on November 1, Ventiv Technology was once again awarded the highest HIPAA Security accreditation: Full HIPAA Security (Business Associate and Covered Entity) Accreditation from URAC, a well-known, highly respected Washington, D.C.-based accrediting organization that establishes quality standards for the health-care industry.

Topics: Data Security Awards and Recognitions

Cyber Risk Management: How Ventiv Utilizes Private Cloud Technology

Cyber risk management has become a growing focus of today's risk managers. Even large and established companies have made the news because of recent data breaches. Besides the serious threat of lost data and business interruption, the news of a data breach can do serious damage to a company's reputation. Taking cyber security for granted could be a very costly mistake for your company.

Topics: cyber risk Data Security

How Sedgwick improved the security & efficiency of claims payment approvals

Experience 2013: A preview of Sedgwick’s session

Sedgwick’'s new batch payment approval process: Security and efficiency gains, and how iVOS users can get similar benefits

I recently spoke with Thom Baxter, Applications Development Manager, and Kashia Farmer, IT QA Supervisor, of Sedgwick Claims Management Services, Inc., about the topic they plan to cover at the upcoming Aon eSolutions 2013 Experience Conference in Atlanta.

Topics: Data Security claims client conference Client Focus