Predictive Analytics in Underwriting

Publisher: Valen Analytics

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Predictive Analytics in Underwriting

Virtually every aspect of the insurance business can benefit from an improved ability to predict the future. Whether actuaries desire to create more accurate pricing models, underwriters hope to make better underwriting decisions, marketing wants to improve campaign results or claims needs to predict and avoid litigation, all of these departments will benefit from predictive modeling. Learn how predictive analytics is being implemented today for carriers of all sizes. Key insights: Common understanding of what makes predictive analytics different Challenges underwriters face today Actionable recommendations