Roughly half of commercial insurers say predictive modeling is “essential” for risk selection and rating, according to a new survey from professional services firm Towers Watson & Co., released ...

ARLINGTON, Va., Dec. 13-- The Casualty Actuarial Society issued the following news release: Most actuaries know that predictive modeling -- the harnessing of enormous data sets to do everything from ...

The strategic application of data analytics has become a cornerstone of success in the insurance industry. Data analytics and predictive modeling offer insurance entities a powerful means to identify ...

SUSSEX, Wis.--(BUSINESS WIRE)--Quad/Graphics, Inc. (NYSE: QUAD), a global marketing experience company, has developed a specialized attitudinal model that helps health insurers drive deeper ...

Massive amounts of data are now accessible in real time. As a result, the insurance industry is rapidly evolving from a risk transfer model toward a more active prediction and prevention model. Thanks ...

Insurance premium modeling plays a crucial role in setting fair, accurate and competitive premiums in the industry. Actuarial teams, who specialize in risk management, use these models to predict the ...

Akur8, the insurance pricing and reserving solution powered by machine learning, is announcing that it has partnered with the American Association of Insurance Services (AAIS), the not-for-profit ...

Business leaders today are navigating an era of complex uncertainty, where risk moves faster than traditional oversight can keep up. From global supply chain volatility to internal compliance ...

Statistical modelling of insurance claims encompasses a suite of quantitative techniques designed to characterise, predict and manage the financial liabilities arising from insured peril events.

In January, the Idaho Department of Health and Welfare plans to launch a predictive analytics model as part of its child welfare program. The goal is to improve case management, reduce unnecessary ...

Survey of more than 3,000 U.S. adults reveals proprietary attitudinal segmentation expected to increase consumer engagement and lower business expenses SUSSEX, Wis.--(BUSINESS WIRE)-- Quad/Graphics, ...