ASK “WHY?”: The Application of Predictive Modeling to your Insurance Business
November 13/ 2:30 pm EST
and
November 14/ 11:00 am EST
Rather than asking ”What” went on last quarter, get at the reasons “Why” the quarter went as it did and improve your underwriting results. Everyone has data, but not everyone has the technical know-how to dig deep in your data for trends and correlations. Knowing these trends and correlations can aid your insurance company in matching pricing action with underwriting standards.
In this free web-seminar, allow us to introduce a BRAND-NEW CUTTING-EDGE SOLUTION to:
· Show how you can deal with your data more effectively, through visualization and dashboards
· Leave your technical worries behind - view our example of predictive analysis from a non-techie viewpoint
· Learn how actuaries can use the trends and correlations to make territorial and rating relativity adjustments
· Marry your underwriting standards to your updated rating plan
· Upgrade your pricing and underwriting guides to attract lower risk members of each of your classes
· Provide alerts when unusual activity (policy or claim) is occurring
· Increase your company’s efficiency and profitability
Featured Speakers:
Badri Narasimhan, President, Rulester, Inc.
Rulester, Inc. is a Chicago company founded by Badri Narasimhan. Mr. Narasimhan has developed a number of analytic solution tools and is a veteran of Insurity, a Choicepoint company.
Kimberley Ward, FCAS, MAAA, Partner, Windsor Strategy Partners
Windsor Strategy Partners, LLC, is an actuarial consulting firm based in New Jersey. Ms. Ward works from their suburban Chicago branch office. She specializes in property casualty pricing and product management.
Email your name, company, phone number, and session preference to kward@wspactuaries.com to register for the seminar.
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