KPMG/SAS Insurance Analytics

The insurance industry is a multitrillion-dollar business. The volatile and uncertain economic environment is driving insurers to alter the way they conduct business. With great uncertainty coupled with rapidly changing markets, disruptive technologies, and new regulations, executives are encountering complex market issues, changing governance and risk management, and responding to an imperative to improve profitability.

Executives in finance, underwriting, claims, and actuarial are all wondering what techniques they can use to get ahead of long-running challenges like these, and no one discipline can do it alone. Companies that best understand the root causes of the issues and address them even before they become such a significant problem will be the ones that will survive and thrive in a very competitive market. Leading companies have adopted new technologies and innovative techniques, such as micro- segmentation, to gain decisive competitive advantage.

KPMG and SAS have joined efforts to develop an offering combining industry leadership, market-leading technology, operational delivery excellence, and demonstrable results for our clients. Our joint approach can deliver:

• Accelerated time to value to deploy and expand
• Transparent, easily digestible results
• More frequent and continuous monitoring
• Business friendly models
• Reduced key person dependency risk
• Controlled environment with improved documentation and model governance