Willis Tower Watson launches Data Science Consultancy unit for insurance

The unit, which forms part of WTW's Insurance Consulting and Technology (ICT) business, aims to allow insurers to "accelerate" their efforts with data science practices. Data science is the discipline of using statistics, scientific computing, scientific methods, processes, algorithms and systems to glean knowledge and insights from ‘noisy', structured, and unstructured data. WTW stated the unit is designed to help insurers avoid the "common pitfalls" of data science concerning the quality of assets built in open-source tools, to overcome the challenges of integrating data science cap...