The dangers of data: How the movement from pooled risk could create a class of uninsurables
Thursday 25 January 2018
Data is the “new oil”; the world’s most valuable resource. Google has graphically charted that value in its meteoric rise from technology start-up to one of the largest companies in the world in just 20 years. Insurance professionals have historically been well versed in interpreting large data sets and making the most of this exponentially growing commodity; 90% of the world’s data was created in the last two years.