Wednesday, June 10, 2009

Predictive analytics underwriting

ICW Group, an auto, work compensation, catastrophe, and surety insurance carrier, has selected Valen Technologies to develop a proof of concept using its UnderRight  predictive analytics underwriting solution for their workers’ compensation line of business. Features such as Valen’s Xdata external data warehouse, as well as data from Valen Networks, Valen’s data consortium, add increased predictive value, all delivered through its Software-as-a-Service (SaaS) platform. Additionally, the Valen solution should help ICW Group streamline operations through improved underwriting automation. (David Hoppen, Chief Operating Officer at ICW Group.)


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