This supercomputer is a supersleuth for insurers

cbsnews.com

4 pointshackuser3 comments

You're just starting work on a major home improvement project when your insurance agent calls. "You need more coverage," he says. But the real question is: How did he even know you were building an addition? Did he smell the sawdust or hear the hammer?
Neither. Thanks to a supercomputer owned by LexisNexis, the data analytics subsidiary of London-based RELX Group (RELX), your insurance company knows so much more than that.
"Very little in your life isn't known," said Victor Bayus, who runs the new Active Insights program at LexisNexis. It enables other companies to "predict, assess and manage risk." ...

In a world where every keystroke is often recorded, don't think for a second you can remain anonymous.

A better title for this might be "How Insurers are using public and private data".

Agreed. I tried to find a quote in the article that was more descriptive than the title, but ran out of time and went with the HN standard of using the actual title. Your idea would have been better.

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