The business of insurance was once thought to be dull. Not anymore.
The explosion of data has changed everything. Statistics is THE competitive differentiator and the emergence of R as the defacto language of data analysis gives data scientists the tools to change the face and the business of insurance. Today, it’s hard to imagine a business more data driven or dynamic than insurance, or a place where data scientists – actuaries, et al – are more important.
Liberty Mutual is at the forefront of hiring and developing the best minds in data science. They also recognize the importance of equipping data scientists with the most powerful, cutting edge tools. For R, Liberty Mutual turned to RStudio.
Like most data driven companies, Liberty Mutual has a wide selection of tools. Each has its purpose. However, the emergence of R and the power of the popular RStudio IDE and RStudio packages that span the data science workflow such as Shiny, R Markdown, ggplot, tidyr, testhat, etc. created an opportunity to establish a contemporary workbench for leading edge data scientists.
“We saw how rapidly R was being adopted, said Mike Maloney, ETS Customer Portfolio Manager for Liberty Mutual, and recognized that a powerful tool chain for it was essential for the kind of people we have and are recruiting.”
Liberty Mutual recently selected RStudio Server Pro and Shiny Server Pro as the cornerstones of a comprehensive, modern tool chain for R. Liberty Mutual data scientists, the best and brightest whether they are recruits who learned R at university or part of the experienced current team, have the full power of R at their fingertips.
“RStudio gives our individual data scientists access to highly productive tools in a commercially supported, scalable server environment that complies with our security and IT manageability needs, said Mike.”
While many of the R models and applications are naturally confidential, rapidly iterated, visually compelling, insightful analysis like these sample images are normal work product for data scientists at Liberty Mutual. Powerful tools for the most talented people creates an environment few employers can match.
“Whether you’re developing your R and RStudio skills at Liberty Mutual or already a wizard, we are excited to be that rare environment committed to continuously elevating the resources to match the talent,” concluded Mike.
RStudio provides open source and enterprise-ready professional software for the R community. We are inspired by the people who use our products to understand and improve the world through data analysis.