Friday, August 21, 2009

Predictive analytics underwriting solution in Hawaii

Hawaii Employers Mutual Insurance Company, a workers’ compensation company, has implemented Valen Technologies’ UnderRight predictive analytics underwriting solution to improve pricing strategies and profitability. With UnderRight’s predictive analytics capabilities, HEMIC underwriters are now able to gain greater insight into risks, improve predictability of outcomes and assign accounts to the appropriate tier based on performance more effectively. The solution is being utilized for both new and renewal business. (Bob Dove, HEMIC’s CEO.)


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