Episode 16: Planning a Global Insurance Merger with Analytics

Guest: Chris Appel

Insurance is a complicated business. It is so complicated that it has spawned an entire profession – the actuarial profession – to compile and analyze statistics to calculate insurance risks and premiums. An insurance company cannot operate successfully over the long term without using analytics to plan its operations.

Consider then a merger of two large global insurance companies: what does it take to get a unified of the entire business, or to do analyses of different insurance products (Life, Property & Casualty etc) across varied geographies, regulatory environments and cultures?

In this episode Chris Appel tells us about how one such global insurance company is tackling this problem. We have a great conversation about some of the challenges, and the approaches that were taken to overcome them. Here’s a bonus: Some of the discussion is applicable to a global merger in any industry – not just insurance!

This episode is sponsored by QueBIT, "Trusted Experts in Analytics".