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More than ever, insurance companies need to optimize their business processes. But what does this mean in practice? At SAS, we believe that the "optimized insurer" or "analytical insurer" is one that can integrate analytics into its daily business processes to gain competitive advantage by reducing operational expenses, increasing premium revenue and ensuring regulatory compliance. This white paper will discuss how Property & Casualty (P&C) insurers are embracing analytics throughout their organizations to increase their operational efficiency, while minimizing losses and maximizing profits.
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