Cloverleaf Analytics

Following last week's post featuring a Forbes article by Cloverleaf CEO Robert Clark on the value of open-source #insurancedata, we're excited to share the latest edition of Cloverleaf Insurance Intelligence Insights (CI3). In this issue, we explore how Cloverleaf's platform is helping advance this key industry priority: - https://lnkd.in/dpVv9Umr #insurance #insuranceanalytics #opensourceinsurancedata #openIDL #openIDS #LinuxFoundation #insuranceintelligence #insurtech #cloverleafCI3

Following last week's post featuring a Forbes article by Cloverleaf CEO Robert Clark on the value of open-source #insurancedata, we're excited to share the latest edition of Cloverleaf Insurance Intelligence Insights (CI3). In this issue, we explore how Cloverleaf's platform is helping advance this key industry priority: - https://lnkd.in/dpVv9Umr #insurance #insuranceanalytics #opensourceinsurancedata #openIDL #openIDS #LinuxFoundation #insuranceintelligence #insurtech #cloverleafCI3

?? "We can rebuild it. We have the technology." ?? In my next installment of the #WhatisInsurtech blog series, I explore What is Insurance Intelligence? To tell the story, I took a page from the hit ‘70s TV show, The Six-Million-Dollar Man. When disaster struck, he wasn’t just repaired—he was rebuilt ?? better, ?? stronger, ??? faster and with advanced technology. The same can be said for insurers. In my latest post, I dive into the story of a fictitious insurer in my hometown #Nashville, whose outdated systems left them on the brink of extinction after an unexpected natural disaster. Instead of closing their doors, they embraced Insurance Intelligence—not just to recover, but to emerge as a Six-Billion-Dollar Insurer. ?? As I ask in my blog, here’s the real question for #insurers: >What is the cost of piecemeal digital transformation? >Is adding one tool at a time enough? >Or should insurers take a unified technology approach with AI, GenBI, advanced analytics, ML, NLP, and other technologies that define #InsuranceIntelligence? ??? Here’s a quick 20-second nostalgic video teaser—a little trip down memory lane with a twist featuring a familiar face ??—before diving into the full blog - ?? https://lnkd.in/eHWxreAx #InsuranceIntelligence #DigitalTransformation #InsurTech #AI #FutureOfInsurance #sixmilliondollarman #bionicman #sixbilliondollarinsurer #insurance #insurtech #insuretech #insuranceinnovation #insurancedata #insuranceAI #nlp #ml

The Future of Transmitting Insurance Data is Here! ???The openIDS community is thrilled to introduce our first white paper: “The Case for Open Insurance Data Standards”! For too long, the Property & Casualty (P&C) insurance industry has relied upon proprietary data formats—leading to high costs, inefficiencies, and vendor lock-in. But what if we had an open, universal, and non-proprietary data-sharing framework? Well we do, and it's called open IDS! ???openIDS, developed with the Linux Foundation, is paving the way for seamless and secure data exchange across insurers, reinsurers, regulators, and beyond. ??Lower costs ??Enhanced interoperability ??Greater transparency & compliance ??More room for innovation ???Download the white paper now: https://lnkd.in/gJrZepmZ ? Come join the movement—let’s modernize insurance data exchange together! #InsuranceInnovation #OpenData #PandCInsurance #DataStandards #InsurTech

The insurance industry has a great opportunity to build a more collaborative and intelligent future to better serve the insured if we look towards open-source data standards. Organizations like the openIDL are leading the way. In this new Forbes article Cloverleaf CEO Robert Clark shares his perspective about the value of open-source data for the #insuranceindustry. Check out Robert’s insights here -?https://lnkd.in/dCD5YFpQ? What’s your take on open-source insurance data? Share your thoughts in the comments.?#insurancedata #insurance #insuranceAI #insuranceanalytics #AI #data #opensourcedata #opensource #insurers

“If you build it, th----ey will come”. In Field of Dreams, the lead character cleans a cornfield, builds a baseball diamond, and—eventually—the players appear. This quote is so true when it comes to cleaning, organizing, and unifying insurance data to use machine learning to deliver new predictions and leverage analytical capabilities. Just like the movie, insurers need to push thr-ough the naysayers to embrace their dreams of delivering next generation insurance products and services to transform growth and ensure customer satisfaction. Now that we’ve had a little fun connecting showbiz and the business of insurance, please read my latest blog post in our "What is Insurtech Series" about Machine Learning – https://lnkd.in/e9bxaNYe “If you clean and prepare the data, the insights will come.” #cleandata #insurancedata #insuranceanalytics #insurtech #pandcinsurance #machinelearning #datamodernization

Are you an #insurer looking to create more impactful #insurancedata presentations to better inform your decision-making? Read this new Taylor's Corner blog post to see how you can use quality visualizations in Cloverleaf. #insurance #insuranceanalytics - https://lnkd.in/dAwrhZ-e

Those who know me personally know about my deep love for horses. But as much as I absolutely cherish them, I wouldn't want to rely on horse-drawn equipment to run a modern farm! In my latest installment of the What is Insurtech Series, I explore how some insurers' attachment to legacy analytics mirrors the historical resistance to replacing horses with tractors. The cost of holding onto outdated technology might not be immediately obvious, but it's just as real. Here’s the link to my article - https://lnkd.in/eSKpGhcg Watch the GIF in this message to see my four-legged friends who inspired this analogy! Share your thoughts on modernizing insurance analytics - or pictures of your horses! #insurtech #digitalinsurance #insuranceanalytics #businesstransformation #innovation #modernization #insurance #dataanalytics #ai

Insurance technology has evolved dramatically since I first entered the space. Remember when 'insurtech' just meant digitizing paper processes? Today, it's the lifeforce of 21st century insurance - enabling intimate, flexible, and real-time protection through AI, IoT, NLP, predictive analytics, and other technologies. As #CloverleafAnalytics approaches its 10th anniversary this year as a pioneer in #insuranceanalytics, I'm launching a new series exploring what 'insurtech' really means in 2025. First up: redefining the term for today's transformed landscape. Excited to spark some fresh discussions about where our industry is headed. What does insurtech mean to you? Head over to our website https://lnkd.in/e6ws64mN to read my first post. #insurtech #digitalinsurance #insuranceinnovation #dataanalytics #insurance #data #AI

New Taylor's Corner blog post from Cloverleaf! Learn how our platform dashboards put #insurancedata to work for #insurers - https://lnkd.in/d4-hCJYM #insurancedata #insuranceanalytics #data #insurance