Valen Analytics, a provider of proprietary data, analytics and predictive modeling to help insurance carriers manage and drive underwriting profitability, has re-branded and unveiled the first of its new products, the InsureRight Platform.  Originally launched in 2011, Valen Analytics is expanding InsureRight into a full-featured solution, made up of two components—Manage and Predict.

Carriers will gain statistically valid portfolio insights that they can distribute to individual underwriters in simple, easy-to understand language. Performance metrics and portfolio risk characteristics can be derived using a carrier's own data coupled with Valen's contributory data set, reducing selection bias inherent in making decisions solely on their own experience. 

The Manage suite of the InsureRight Platform is currently being rolled out and offers comprehensive portfolio management capabilities. The Predict component of the platform continues to provide carriers with transactional model deployment for risk selection and pricing accuracy, transforming how underwriters will interact with predictive scores.