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Risk managers look to transform risk function through big data, analytics: Report

Posted On: Nov. 24, 2017 4:57 AM CST

A report found that 60% risk managers ranked as a top priority transforming the risk function through big data and analytics, Middle East Insurance Review reported. The digitization of the risk function is expected to bring stability to firms seeking to navigate uncertainties such as unpredictable global economic headwinds and rapidly evolving technologies. The report was released by Marsh and McLennan Cos. Inc., Asia Pacific Risk Centre and Singapore-based Pan-Asia Risk and Insurance Management Association.

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