Big Data for efficient claim settlement

| February 26, 2018

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Big data is a large volume of data (structured and unstructured data) from different sources. It exhibits the 4 Vs. (volume, variety, velocity, veracity). Big data applications are innumerable, where insurance industry is one of them. Big data technology has proved to bring in positive outcomes for the insurance sector to improve insurance claim settlement. According to the U.S. Bureau of Economic Analysis, insurance carriers and related activities contributed $507.7 billion to U.S. gross domestic product. This states the necessity for big data technology to manage the data accurately for efficient claim settlement.

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Terminus is the leader of the account-based movement and the crucial link that connects B2B marketing and sales teams with their ideal customers. The Terminus solution arms marketing teams with an account-centric platform that delivers the intelligence and automation needed to scale ABM and revolutionize the way B2B marketing is done. Hundreds of organizations worldwide, including Salesforce, GE, Verizon, 3M and CA Technologies, turn to Terminus to more effectively target, engage and grow their best-fit accounts. Terminus offers savvy marketers the technology and proven expertise to radically improve ABM strategies and campaigns, increasing ROI and producing exceptional results.

OTHER ARTICLES

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Article | March 12, 2020

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Article | February 10, 2020

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