Outra is delighted to be taking a stand at this year’s BIBA Conference to help insurers unlock the power of their data through AI and automation.

Forrester reports “that between 60% and 73% of all data within an enterprise goes unused for analytics… despite the fact that more companies are talking about big data, using technology to capture more data”.

Caroline Worboys, COO of Outra and Data Science Lead, Emma Duckworth, will also be taking to the stage on Thursday 16th May (13.45-14.30) to explain how Artificial Intelligence (AI) can be used to drive stronger business outcomes for the insurance industry. The session will explore the practical application of combining data, AI and technology to drive customer retention and increase profitability.

Delegates will find out:

• How AI can add strategic value to decision making
• How to enhance existing data sets with unstructured data and make it usable
• How to use predictive models enhanced with AI to improve traditional models
• How to improve the customer application process

Comments Caroline Worboys, COO, Outra:

“AI represents an enormous opportunity for the insurance sector, however, as with any new technology there is confusion in the market about what it is and whether or not it will actually deliver on its promise. We will dispel this uncertainty and showcase the power of AI in the data transformation process. We will be at our stand E87 over the course of the two days and will be delighted to advise on a one-to-one basis”.

About Outra
Outra is a predictive data science business that uses data to transform businesses. We bring a modern, science-led approach to delivering actionable customer insight at speed. By using AI, data science and automation, we maximise the value and predictability of data to learn from the past, optimise the present and shape the future.