Powerful predictive analytics combined with highly granular data can help price auto risks with laser precision.
ISO Risk Analyzer® Personal Auto provides sophisticated pricing refinement you can incorporate into your underwriting and rating, or supplement your own models for precise, customized segmentation.
ISO Risk Analyzer Personal Auto Symbols combine the predictive power of hundreds of vehicle attributes into a compact symbol representation to better determine and price personal auto risks. Symbols are available for liability and physical damage coverages.
Examine environmental indicators that can affect personal auto risks based on garaging location. The module evaluates the interactive effects of hundreds of variables to provide more refined estimates of advisory predictive loss costs by major coverage. The predictive model also provides insights on what environmental factors are influencing losses by providing frequency and severity information for the following components:
See how an individual’s driving history and characteristics can affect your rating factors and the premium you charge. The module enables you to see the interactive effects of violation and claim surcharges with driver attributes, capture the effect of aging violations and claims, and assign different surcharges by coverage.