Insurance Data Models

Insurance data models are structured frameworks that organize and define the data used in insurance processes. They specify how information about policies, claims, customers, premiums, and risk factors is stored, related, and accessed. These models ensure consistency, accuracy, and efficiency in managing large volumes of insurance data, enabling companies to analyze risk, price policies, and process claims effectively. Think of it as a well-organized digital filing system that simplifies data retrieval and supports informed decision-making within the insurance business.