Many of the best technology tools that have improved performance among insurance carriers have multiple layers of productivity and nowhere is that more evident than in the use of predictive modeling and analytics.
Many of the best technology tools that have improved performance among insurance carriers have multiple layers of productivity and nowhere is that more evident than in the use of predictive modeling and analytics.
TransUnion and Valen Technologies introduce to the insurance market PropertyRight, a predictive analytics product that allows homeowners insurance carriers to identify homes with the highest likelihood of insurance-to-value (ITV) problems or condition and liability hazards. The PropertyRight predictive models, coupled with a comprehensive property inspection databases, provide a solution to...
TransUnion and Valen Technologies introduce to the insurance market PropertyRight, a predictive analytics product that allows homeowners insurance carriers to identify homes with the highest likelihood of insurance-to-value (ITV) problems or condition and liability hazards. The PropertyRight predictive models, coupled with a comprehensive property inspection databases, provide a solution to...
FTC’s 2007 examination of credit scoring and the NCOIL regulations widely impacted the use of credit scoring models. Agents—for the most part—have come around to insurers’ use of credit scoring.