Storing too much information in the insurance industry?

Yoram Eden*, Boaz Ronen, Israel Spiegler

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

The paper challenges the premise that all data collected in the insurance industry must be stored in the database. This paper applies a cost/benefit model that allows for testing and assessing of data items currently stored in the database, as well as providing a 'to store or not to store' decision policy regarding prospective data. An empirical case study of a life insurance agency is presented through which the ideas are illustrated.

Original languageEnglish
Pages (from-to)144-150
Number of pages7
JournalInternational Journal of Computer Applications in Technology
Volume9
Issue number2-3
StatePublished - 1996

Keywords

  • Cost benefit analysis
  • Databases
  • Information
  • Information in process (IIP)
  • Life insurance
  • Response time

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