AXA Insurance relies on SAS® Business Analytics for pricing decisions, regulatory compliance
Based on revenue, the AXA Group is one of the Top 10 largest companies in the world. Its geographic breadth is no less formidable than its position on the Fortune Global 500 – a position it maintains thanks, in part, to the creative, innovative ways its employees use SAS Business Analytics.
AXA – a conglomerate of independently run insurance companies and investment firms – boasts offices in countries across North America, Western Europe, the Middle East and Asia Pacific. Its global presence means AXA must deftly manage a world of compliance issues and wisely decide how to price its products.
In this Q&A, Raynu Niyomdechar, Manager, Single Actuarial Organization and Technical Studies for AXA Insurance in Thailand, explains how the insurance and investment giant makes that happen.
How important is data analysis, and how can it benefit AXA Insurance?
What is the chief issue you address with SAS® Business Analytics?
AXA does business internationally. How do you use SAS® in different countries?
What kinds of data analysis do you perform with SAS®?
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AXA needed to handle and analyze large amounts of data to facilitate pricing decisions and regulatory compliance
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“We selected SAS because we could utilize and adapt programs or solutions to suit our local entities in each country.”
Manager, Single Actuarial Organization and Technical Studies