Data Literacy in the Insurance Industry: Transforming with SAS Education
Bridging the Gap to Data-Driven Decisions
The insurance industry is evolving rapidly, with data-driven decision-making becoming a crucial competitive advantage. However, adopting a data-focused corporate culture comes with its challenges. SAS Education is committed to closing this gap, providing organizations with the skills, tools, and strategies they need to excel in this new era.
Transforming Insurance Module 2: A Workshop for Change
On November 6, 2024, SAS Education hosted the Transforming Insurance Module 2: Developing the data driven Company workshop at the University of Cologne Business School. This intensive full-day session brought together 17 professionals from leading insurance companies, including Barmenia and VHV. The workshop addressed key topics vital to the future of insurance:
- Data Ethics: Ensuring ethical practices in data usage for decision-making.
- Storytelling with Data: Presenting complex insights in an engaging and understandable way.
- Artificial Intelligence (AI): Exploring practical applications of AI within the insurance sector.
Engaging a Diverse Audience
Participants ranged from executive assistants to senior managers, representing a wide spectrum of roles and expertise levels. Trainers Beate Prellwitz and David Weik expertly adapted their teaching methods to meet the needs of this diverse audience. Their approach combined interactive activities, real-world scenarios, and hands-on exercises to make the content accessible and actionable.
Insights from the Workshop: Building Trust in Data
A key theme of the workshop was the importance of building trust in data and analytics. Participants highlighted the value of the session:
- “I appreciated how the training catered to participants with different levels of knowledge.”
- “The mix of technical expertise and psychological insights made this session unique!”
Establishing trust in data is essential for reducing uncertainty and making confident, informed decisions.
Empowering the Insurance Industry with Tailored Training
SAS Education goes beyond standard product training. By offering customized programs tailored to the specific needs of industries like insurance, SAS enables organizations to embrace data literacy and stay competitive in a data-driven world.
Ready to transform your organization’s approach to data? Explore SAS Education’s tailored training programs today.
