Author(s)

Zhiling Liu ¹

Affiliation(s)

¹ Zhengzhou College of Finance and Economics, Zhengzhou, 450000, China

Corresponding Author

ABSTRACT

To drive the transformation of business processes and models in the technology insurance sector, this paper utilizes the vast scale, rapid flow, diversity, and low-value density of big data to penetrate various application scenarios in insurance technology. It first introduces the technical principles of big data. Then, addressing the pain points of the insurance industry, it suggests solutions based on big data technology. Subsequently, the paper presents the application scenarios of big data in insurance companies. Finally, it explores the future opportunities and challenges of big data in the insurance industry.

KEYWORDS

CITE THIS PAPER

Zhiling Liu, Analysis of the Innovative Application of Big Data in Insurance Technology. Accounting, Auditing and Finance (2024) Vol. 5: 24-28. DOI: http://dx.doi.org/10.23977/accaf.2024.050104.

REFERENCES

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[3] Xu Xian, Fang Xi. Regulatory Technology, Compliance Technology and Financial Technology. China Insurance, 2019(04):21-26. 
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[6] Xu Xian. Framework and Trends of Insurance Technology. China Finance, 2017(10):88-90.

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