Embracing Admin Data for the Census: A Data Analyst's Perspective from the Insurance Sector
Ed Foster, BA, Data Scientist, Quality Product Research Limited
As a data analyst working in the insurance sector, I have a great appreciation for the pivotal role that accurate and comprehensive data plays in our industry. Recently, the proposal by Statistics NZ to overhaul the traditional census and transition to an "admin data first" approach has sparked considerable debate. From my perspective, this shift is not only necessary but also a positive development that holds immense potential for improving the accuracy and efficiency of our work in insurance.The Case for Admin Data
Admin data, which comprises information already held by government agencies and private sector organisations, represents a treasure trove of up-to-date and detailed insights. Every interaction New Zealanders have with entities such as IRD, the Health Ministry, and various social services contributes to this rich dataset. This continuous data collection helps ensure that admin data is current and reflective of the latest demographic and socio-economic trends, unlike the traditional census, which is conducted only once every five years.
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.
