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 language | English |
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Pages (from-to) | 144-150 |
Number of pages | 7 |
Journal | International Journal of Computer Applications in Technology |
Volume | 9 |
Issue number | 2-3 |
State | Published - 1996 |
Keywords
- Cost benefit analysis
- Databases
- Information
- Information in process (IIP)
- Life insurance
- Response time