Contributory Database - Data Warehouse

Product Details

With nearly 10 years of history building predictive models for property & casualty carriers, we have both the data and the experience to unlock actionable insights that will lower loss ratios. Valen’s contributory data is standardized and anonymized so users can access sophisticated tools that allow analysts, underwriting managers, executives, and underwriters the ability to analyze policies, segments and entire portfolios against an industry database.

Features include:

Anonymized data that protects individual data from any one carrier from being identifiable by others;

Detail policy, claims and underwriting data from dozens of carriers and external sources that Valen has standardized and normalized and put into a single data warehouse;

Recent policies – we receive daily feeds of policy data;

Robust predictive models built with statistical best practices that leverage the contributory dataset and currently in use by dozens of carriers;

Standard reporting and custom reporting is enabled using Valen data and their own data.

Valen’s InsureRight platform allows users to collect data from multiple carriers, develop consortium models with this anonymized data and external data, and then tune and deploy these models for each carrier to use in production. The platform has a series of layers which include a base layer that stores industry data and external data, as well as providing a data warehouse for reporting against their customers’ systems of record.