Insurance companies have always been adamant about spotting and controlling risks. That, after all, is the basis for accepting policyholders and placing them into rate categories. Before the Big Data explosion, insurance companies crunched numbers like everybody else. Today, however, the insurance industry is fast becoming one of the biggest consumers of Big Data services. LexisNexis, like many of the companies that provide Big Data services, relies on an open source platform to manage the process.LexisNexis' Flavio Villanustre: Insurance and the Big Data Bonanza
Insurance companies have always been adamant about spotting and controlling risks. That, after all, is the basis for accepting policyholders and placing them into rate categories. Before the Big Data explosion, insurance companies crunched numbers like everybody else. Today, however, the insurance industry is fast becoming one of the biggest consumers of Big Data services. LexisNexis, like many of the companies that provide Big Data services, relies on an open source platform to manage the process.
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