Release Date: Oct-02-2013
Company’s First Ever Summit to Address How Carriers Can Stay “Ahead of the Curve”, Features Keynote by Capital One Co-Founder Nigel Morris
DENVER – October 2, 2013 – Valen Analytics, a provider of proprietary data, analytics and predictive modeling to help insurance carriers manage and drive underwriting profitability, today announced that it will be a hosting its first Valen Analytics Summit to help educate insurance executives, managers, and those with strategic oversight and responsibility for implementing data and analytics initiatives within underwriting. Scheduled for February 19-21, 2014 at the Westin Resort near Vail, Colorado, this three-day event will present a series of panels and keynote speeches from industry luminaries during a pivotal moment for insurance executives, in light of declining returns and the risk of market consolidation. Early registration has opened today on the Valen website.
“Heading into 2014, it is crucial that insurance professionals leverage the latest techniques to improve results and achieve profitability,” said Dax Craig, President and CEO of Valen Analytics. “Attendees will hear directly from leading carriers that are ahead of the curve in elevating their organizations with advanced data and analytics. We cannot imagine a better way to commemorate our tenth anniversary than with an event dedicated to educate, stimulate, and continue to build momentum with new innovations to achieve underwriting excellence.”
The Valen Analytics Summit will be headlined by keynote speaker Nigel Morris, managing partner of QED Investors and co-founder of Capital One. “In the late 80’s and early 90’s, Capital One was at the vanguard of a revolution deploying data-driven strategies in the credit card industry,” said Nigel Morris. “I’m thrilled to participate in Valen’s Summit because I believe that insurance carriers increasingly have the same opportunity to grow the size and profitability of their businesses by more specifically meeting their customer’s needs.”
Karlyn Carnahan, Principal at Novarica will provide key insights about how property and casualty insurers are evolving their business models and leveraging data and analytics. Additionally, Valen has assembled panels of carriers, analysts and reinsurance experts to complement the inaugural event’s theme, “Ahead of the Curve.” Topics of discussion include:
For more information about the event, including a detailed agenda, visit the Valen Analytics Summit website. Members of the press are welcome to attend and can register in advance with Kirstin Marr, Vice President of Marketing at Valen Analytics, at [email protected].
About Valen Analytics
ValenAnalyticshelps carriers manage and segment their portfolios in order to drive underwriting profitability. Valen’s InsureRight Platform is the only solution with proprietary insight into portfolio metrics and risk characteristics to identify pockets of pricing inadequacy and redundancy. A dynamic portfolio management tool provides access to Valen’s contributory database containing policy level analysis not available elsewhere. The Valen contributory database is anonymized and has scored over 20 million policies using robust predictive models in Homeowners, Workers’ Compensation, Commercial Auto, Telematics, Commercial Package, and BOP. Learn more about Valen at www.valen.com.