InsureRight Platform from Valen helps carriers manage portfolio risk and optimize volume/profit tradeoffs with comparative analysis on their book and on industry performance, as well to: gain market positioning insight by leveraging decision data to act on trends in risk quality compared to actual quoted and bound price levels; measure production efficiency over time and against historical benchmarks; measure ongoing portfolio profitability goals by geography, segment, business unit, agency, underwriter, or other dimensions of interest; avoid selection bias with the broader view provided by Valen’s contributory database rather than relying solely on one’s own data; access state-of-the-art visual analytics for real-time model monitoring and performance when using predictive scores at the transaction level, as well as model usage and adoption metrics.
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