XL Catlin presentation at the Chief Data Officer Insurance 2016

© 2012, XL Group plc companies. All rights reserved. I MAKE YOUR WORLD GO

CRITICAL SUCCESS FACTORS – GETTING BUSINESS VALUE FROM DATA AND ANALYTICS

Dan RootBusiness Solutions Consultant, Strategic AnalyticsSeptember 2016

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© 2012, XL Group plc companies. All rights reserved. I MAKE YOUR WORLD GO 3

1. Start with the Business CaseWhat Outcome do You Want to Change?


2. If You Make it About IT and/or Analytics, You Will Fail

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Business

BusinessPerformance

IT Analytics


3. Pick the Low Hanging Fruit Before You Climb the Tree


4. Deliver Value as Quickly as PossibleCreating Value Sells Itself


5. Test Conventional WisdomNothing is Sacred


6. Don’t Get Overwhelmed by Big DataFocus on What is Relevant


7. Rigorous Experimental Design is Critical


8. If You Change Nothing, Nothing ChangesLack of Implementation of New Insights is What Separates Winners From Losers


9. Measure the Change in Outcomes


10. Focus on Outrunning Your CompetitionYou’ll Get Value Faster & More Business Value in the Long Run

XL Catlin presentation at the Chief Data Officer Insurance 2016

Data & Analytics

Transcript of XL Catlin presentation at the Chief Data Officer Insurance 2016