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Unlocking value for P&C insurers : Advanced analytics may present a crucial way

-Insurers can grow, optimise existing portfolios and become more efficient using advanced analytics that combine data science, extensive risk knowledge and industry expertise
-In particular, commercial lines can catch up with personal lines, which currently use analytics more extensively, through exploiting the rapid explosion in the number and breadth of structured and unstructured data sources
-Insurers can target at least a 2-5% improvement in loss ratios under real trading conditions with use of advanced analytics

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