Video: Smarter Analytics – Reducing the cost of risk at University of California
The University of California, the largest higher education institution in the world, applied Smarter Analytics to significantly improve the enterprise risk information system for smarter decision-making. With ERMIS, UCOP was able to reduce the cost of risk from around $18 per thousand of operating budget to around $13.43, translating to $493 million of return on insurance cost in 4years.
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