Click Here to Find Out How To Protect Your Book From The Competition! KIRSTIN MARR: Welcome to the “Today’s Underwriting Battleground: Where Belief and Data Collide” web seminar hosted by… More »
If you don’t have complete confidence with how you are pricing insurance policies today, it will likely cost you more than the premium you are missing out on. A lot… More »
Photo Caption: Valen Analytics recognized by Vice President Joe Biden and CTEq Board Members: Intel – Retired Chairman & CEO Craig Barrett Accenture – CEO (U.S.) Jorge Benitez It’s not… More »
Two Work Comp Carriers Save Millions and Prevent Premium Fraud Premium fraud and payroll misclassification have been a big news topic lately. We talk with carriers all the time… More »
We’ve all taken notice since the New York grand jury released their report showing that New York City’s construction industry cost the city and state approximately $500 million in 2011…. More »
It’s all about the people. And insurance carriers who are finding ways to attract next gen talent are setting themselves up to win. Millennials will make up half the workforce… More »
by Curt Stevenson, CEO Agencyport Software The conversation around the evolution of automation in Property and Casualty insurance is alive and well—and nowhere more so than in small commercial lines…. More »
Accenture recently surveyed over 550 commercial lines underwriters, and a couple key stats jumped out: 72 percent said that maintaining underwriting and pricing discipline was a top challenge. 50 percent… More »
We love the business we’re in. Helping carriers insure businesses and consumers so that they can build and protect their future is rewarding. Today, we get to give back and… More »
Today we announced the availability of Manage within the InsureRight Platform for homeowners carriers. Manage allows insurers to leverage leading indicators of risk to understand portfolio performance overall and within segments… More »
We’re celebrating our 10 year anniversary with the inaugural Valen Analytics Summit in Vail, Colorado. The goal of the summit is to create a peer forum of insurance executives, managers,… More »
This week PropertyCasualty360.com covered our 2014 Outlook: Commercial Lines report and summed it up well, stating that commercial insurers are at an analytics crossroads. The article goes on to say… More »
The property and casualty industry is in a period of flux, facing significant challenges to traditional business models and the reliance on investment income. When new business models emerge, it’s… More »
Let’s face it. Commercial lines underwriting is undergoing a transformation. And, underwriters need better tools to make more informed decisions that drive profitable growth and reduce losses. I recently came… More »
We know it’s not easy when you first start using predictive analytics in underwriting. That’s why Valen joined USAA, Berkshire and analyst firm, SMA, on an expert panel discussion about… More »
For the past couple of weeks, we’ve addressed how a lack of visibility and current pricing techniques are hurting underwriting profitability. And when executives talk with us about how to… More »
Last week we listed the three big challenges insurance carriers face in driving underwriting profitability: Lack of Visibility, Current Pricing Approach and Inertia. We discussed in some detail the need… More »
Return on Equity (ROE) has gotten hammered and across the industry, combined ratios are going in the wrong direction. You can’t impact interest rates, but you can impact your loss… More »
Today we made a big announcement we think will help you utilize advanced data and analytical tools in the best way for your organization. We’ve learned a few things over… More »
Study of analytics best practices shows 35 point LR improvement and growth 2.9x the industry.
Learn how one insurer fought adverse selection and improved risk selection with analytics.