Data about insurance companies, their strategies, insurance premiums, reinsurance and other business related information, and information about investments can be used in various ways.
- Decision support
- Background information for the board and steering group
- Process enhancements
- A negotiation tool when making a contract, e.g., with an asset manager
- Selecting a fee structure and success criteria
Collecting, cleaning and preparing the data is usually not a core function of the end users of this data.