What are the Opportunities of Big Data for Pricing Approaches?

Jean-Marc BOYER Ancien délégué général, Fédération française des sociétés d’assurances (FFSA) ; président, Assurances Conseil Études Boyer (ACEB). Contact : jeanmarc.boyer1@gmail.com

Data Scientist was declared the "sexiest" job of the 21st century by the Harvard Business Review. By what means can the treatment of massive data disrupt financial services and its pricing approaches ? What are currently the opportunities and threats of big data ? Despite miscellaneous constraints, opportunities pop up that the finance industry must seize now.