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Risky Business: How can you Manage Risk if your Data is Wrong, Low Quality or Simply Impossible to Find?
For those working in the complex world of insurance, pondering the best ways to manage the risks associated with poor data and data management protocols is a fruitless task. Trying to ‘manage’ the ever-present and growing risk is in itself a substantial risk that is not worth taking.
What is worth pondering, is how you might mitigate the risks instead, by improving the quality of your data, and the efficiency and robustness of your data management tools.
Sound like hard work? Let’s consider the alternative for a moment.