Data Visualization: A Critical Tool for Efficient Data Analysis and Management Reporting Joseph E. Kirsits, FCAS, MAAA Senior Vice President GPW & Associates, Inc. Outline Why use Data Visualization? Suggested data to capture to maximize utility Examples Why Use Data Visualization? Data Visualization is an extremely powerful and flexible tool that can provide value to your whole organization, from data analysts to executives. Ex. 1: Shift in Starting Odometer Uses for Data Visualization Data discovery and diagnostics Drill down into data to determine the drivers of trends or unusual data points Management Reporting Prepare visual reports that explain the state of your book of business in far more meaningful ways than standardized tables of numbers Suggested Data to Capture Exposures Term Important Dates New/Used Plan/Coverage Code Make/Model/Year Sales Channel Producer/Dealer Territory (State/Zip) Starting Odometer Claims Important Dates Component Code Parts Labor Shipping Deductible Part/Failure Code Vehicles Heating/Cooling Electronics/Appliances Uses for Data Visualization Data discovery and diagnostics Drill down into data to determine the drivers of trends or unusual data points Management Reporting Prepare visual reports that explain the state of your book of business in far more meaningful ways than standardized tables of numbers Ex. 2: Geographic Analysis Ex. 2: Geographic Analysis Dealer Status Ex. 2: Geographic Analysis (Updated) Uses for Data Visualization Data discovery and diagnostics Drill down into data to determine the drivers of trends or unusual data points Management Reporting Prepare visual reports that explain the state of your book of business in far more meaningful ways than standardized tables of numbers Ex. 3: Management Reporting Ex. 4: Filtered Management Reporting Thank You! Joseph E. Kirsits, FCAS, MAAA Senior Vice President GPW & Associates, Inc.
