article thumbnail

What is competition mapping? How to gain the competitive edge 

ATTEST

No matter how great your gut feeling is, don’t try to find your competitive advantage based on intuition alone. The same goes for finding your way in your competitive landscape. Here we’ll talk about approaching competitive analysis a little differently, by using competition mapping.

article thumbnail

What is competition mapping? How to gain the competitive edge 

ATTEST

No matter how great your gut feeling is, don’t try to find your competitive advantage based on intuition alone. The same goes for finding your way in your competitive landscape. Here we’ll talk about approaching competitive analysis a little differently, by using competition mapping.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AM Best Affirms Credit Ratings of NLV Financial Corporation and Its Insurance Subsidiaries

Wink Intel

Continued strategic management initiatives have resulted in further growth of the group’s life/annuity sales in 2022, but sales for the industry could be challenged to grow at a similar pace in the near future with economic uncertainty and its impact on the insurance industry’s competitive landscape.

IT 40
article thumbnail

InsurTech Market size to grow by USD 61,756.27 million from 2022 to 2027|Need to improve business efficiency to boost the market – Technavio

Wink Intel

Hence, it needs specialized training as well as resources to educate the employees on the use of these advanced technologies. Technavio’s SUBSCRIPTION platform Related Reports: The homeowners insurance market size is estimated to grow by USD 57.01 million Market structure Fragmented YoY growth 2022-2023 (%) 41.01

article thumbnail

AM Best Affirms Credit Ratings of NLV Financial Corporation and Its Insurance Subsidiaries

Wink Intel

There has been moderate volatility in net income levels, driven by non-core earnings that reflect GAAP accounting reserving changes for indexed products, as well as short-term movement in equity markets and interest-rate curves. Higher-than-expected mortality on NL Group’s life insurance business has continued.

IT 40
article thumbnail

What is Hierarchical Clustering and How Can an Organization Use it to Analyze Data?

Elegant BI

This type of analysis can be applied to segment customers by purchase history, segment users by the types of activities they perform on websites or applications, to develop consumer profiles based on activities or interests, and to recognize market segments, etc.

Banking 52
article thumbnail

What is the Decision Tree Analysis and How Does it Help a Business to Analyze Data?

Elegant BI

Similarly, regression trees can also be used to identify the market segment, identifying who is more likely to respond to a future mailing. If we want to predict the purchase amount by each customer, regression trees are useful. Here the target variable would be the purchase amount.