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Overland Solutions, Inc., a supplier of premium audit and underwriting exposure verification (UEV) services, and Valen Technologies, a supplier of predictive analytics to the property/casualty insurance market, announced a partnership designed to combat the premium leakage problem for workers’ compensation and general liability insurers.

The combined services of Overland and Valen will identify premium leakage resulting from misclassified workers’ compensation and general liability policies. RateRight, Valen’s predictive analytics product, is designed to identify policies at high risk of misrepresented payroll. Used in combination with Overland’s UEV services, the expected exposures can be validated and rectified. Insurers will have the ability to provide higher quality service, manage their risks, identify fraudulent activities, and collect unpaid premium.

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