In the words of XL Catlin CEO Mike McGavick, we face “the imperative for robust use of advanced data and analytics.” It’s an imperative that XL Catlin has taken very seriously, for several reasons.
Executive Summary
Leveraging advanced data and analytics offers a huge opportunity to improve business. Here, XL Catlin's Kimberly Holmes details how the company's strategic analytics team uses advanced analytical decision support tools to improve decision-making at XL and to find new ways to help clients manage the business risks they face.First, leveraging advanced data and analytics offers a huge opportunity to improve business. Plus, the rate of change and innovation occurring across the entire spectrum of society demands that a company like XL Catlin use the highest level of analytics and information to help our clients solve the most complex risk problems.
That’s been the mandate of XL Catlin’s strategic analytics team—via the development of advanced analytical decision support tools: improve decision-making at XL to improve the bottom line and to find new ways to help our clients manage the business risks they face.