On the soapbox: The big issues with big data
The increased use of big data by insurers has not gone unnoticed by the regulator, leading to an announcement in its 2015/16 business plan that a review is to take place in 2015, focusing on the risks and rewards big data poses.
Big data involves the accumulation of large volume and highly varied information collected electronically, often passively, via methods such as social media, browsing histories and smartphones
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