Case Study
Valen Analytics Propels Growth And Improves Retention With Better Risk Assessment
About the company Valen Analytics, an Insurity company, provides proprietary data, analytics, and predictive modeling for property and casualty insurers. Valen Analytics works with insurers who are actively looking to utilize modern approaches to pricing, risk selection, claims triage, and premium fraud. To learn more, visit www.valen.com. Requirements ¦ Understand the risk assessment of each customer or policy ¦ Identify customers who will cancel a product by analyzing more data sources to detect early signs of dissatisfaction ¦ Develop a risk quality scale and apply predictive modeling to forecast behavior Benefits ¦ Gave underwriters real-time, data-driven insights for quoting new and renewal business, determining risk, and detecting fraud ¦ Gained ability to rank policies and prem