I was just reading a recent article on the Property Casualty 360 website about how insurers use predictive analytics to improve decision making and agent response time. The article explains how predictive analytics can help insurers manage and distribute risk by segmenting high-risk and low-risk policies.
I agree that predictive analytics is exactly what insurance agents need to get quotes to business owners and homeowners quicker and at the most reasonable cost.
We offer ISO Risk Analyzer® to help you do just that.
ISO Risk Analyzer is a suite of predictive models that help you classify, segment, and price your insurance risks. Its analytic tools examine hundreds of indicators and predict expected losses at the policy level by major coverage or peril.
For more information, e-mail firstname.lastname@example.org or simply reply to this blog post.