Friday, November 19, 2010

Life Insurers Test Data Profiles to Identify Risky Clients

Life insurers are testing an intensely personal new use for the vast dossiers of data being amassed about Americans: predicting people's longevity.


Insurers have long used blood and urine tests to assess people's health—a costly process. Today, however, data-gathering companies have such extensive files on most U.S. consumers—online shopping details, catalog purchases, magazine subscriptions, leisure activities and information from social-networking sites—that some insurers are exploring whether data can reveal nearly as much about a person as a lab analysis of their bodily fluids.



Read more: http://online.wsj.com/article/SB10001424052748704648604575620750998072986.html#ixzz15kASyVV7

No comments:

Post a Comment