Doug Wing

Doug Wing

Douglas Wing, assistant vice president of Analytic Products for ISO Insurance Programs and Analytic Services, is responsible for the ISO Risk Analyzer® suite of predictive analytic tools. He leads ISO’s initiatives to enhance its offerings through analytics and predictive modeling across all lines of insurance. Before joining Verisk, Doug was in actuarial research and development at Liberty Mutual.

By-peril rating and its potential to generate lift

Many insurers have significant potential to generate lift by aligning rates more closely with underlying risk levels, according to a recent Verisk analysis of industry rating plan data. Our analysi...

Early adopters of by-peril rating achieve market share and profitability gains

Verisk studies show by-peril rating enhances market share and profitability for homeowners insurers. A 2014 study by Verisk and Earnix shows that among insurers still rating with all perils combine...

Overcoming Challenges in Predictive Modeling Part 2: Lack of Skilled Modelers

In a recent ISO and Earnix survey of 269 insurance professionals, the results clearly indicated that the majority of carriers had two primary pain points restricting their ability to create more...

Overcoming Challenges in Predictive Modeling Part 1: Lack of Sufficient Data

The results of a recent ISO and Earnix survey of 269 insurance professionals clearly indicate that two primary factors restrict the majority of insurers from creating more predictive analytics. The...

The Cost of Opportunity

Last month, my colleague David Cummings and I contributed an article to CarrierManagement.com titled Analyzing Analytics: When Does Value of Predictive Modeling Outweigh Expense? It’s become clear...