The Bottom Line
You expect a solid return on your investments. And you need to consider all the resources and time required to make an analytics project successful. Valen will always provide a solid estimate of effort, cost and what you can bank on in terms of quantifiable results. We’ve built a robust technology platform and set of services that keep the burden light on your teams and make the implementation process seamless.
Valen Customers Shatter Market Performance
When you embark on becoming a data-driven organization, your company changes. While the analytics are a key contributor, you’ll also start managing your business more effectively and fuel new strategic thinking.
The graphs to the right show how several Valen customers who were new to using analytics are crushing it in terms of their loss ratio performance at 2x the industry average improvement, while growing at 3x the industry rate.
Learn what our clients do differently from their competition and how you can achieve these results too.
Behind the Numbers
Insurers of all sizes can compete in today’s market by combining expertise with the analytical tools that allow your underwriters to work smarter. Below are just a few of our recent successes:
FBFS Wins Big
In 2012, Farm Bureau Financial Services faced challenges that needed solutions… FAST. Valen Analytics’ InsureRight Platform drove underwriting profitability in workers’ compensation and nabbed Farm Bureau a Celent Model Insurer Award.
Society Insurance Case Study
Society Insurance is a market leader with experienced underwriters who, with Valen’s help, were able to leverage predictive analytics to improve their competitive edge. The results? A loss ratio 11 points below the industry average.
FHM Insurance Case Study
FHM Insurance is a growing company that brought on new leadership in 2013, which has since improved operating performance and created profitable growth. With Valen, they were able to improve their loss ratio in growth markets by 25% in just 2 years.
HEMIC Case Study
HEMIC, Hawaii’s largest work comp insurer, has responded to incredible industry growth while delivering superior underwriting performance. After implementing Valen’s InsureRight platform, they grew 114% in just 4 years.
LUBA Insurance Case Study
LUBA’s senior leaders see that the future is in analytics, and they want to be at the forefront. By partnering with Valen, they realized significant improvement on their pricing accuracy, which will improve the overall risk quality of their portfolio.
More Case Studies
We have helped dozens of insurers achieve incredible results. These case studies represent millions of dollars in bottom line results.