Predictive Analytics

Videos

BAYESIAN VS FREQUENTIST STATISTICS

Price: $500

PA101

DATA GENERATIING PROCESSES & GLMS

Price: $500

PA102

VARIABLES & SIGINIFICANCE

Price: $500

PA103

PREDICTIVENESS & INFORMATION CRITERIA

Price: $500

PA104

BINNIG REGULARIZATION VARIATIONS ON GLMS

Price: $500

PA105

RESIDUALS & OTHER TOLS MULTICOLLINEARITY

Price: $500

PA106

TERRITORIAL MODELS, CLUSTERING, PCA

Price: $500

PA1017

MODEL FIT

Price: $500

PA108

Predictive Analytics Services

Statistical reserving models

Derive higher accuracy in reserving estimates with better business intelligence about which segments are generating more claims.

Individual claim reserving

Determine Company reserves at the individual claim level

Statistical reinsurance evaluation

Evaluate reinsurance bids to enhance negotiations and determine the optimal retention for the price.

Main effects rate models

Use GLMs to develop a rating model to improve underwriting performance.

Update existing rate models

Use advanced statistical techniques to reap the benefits of a next generation rating model without causing excessive policyholder dislocation.

Scoring models

Develop proprietary scoring models to enhance rating procedures.

Territorial models

(clustering, geospatial, geodemographic) – Analyze territories using a variety of advanced techniques.

Telematics

Enhance automobile models with telematics to optimally predict the riskiest driving behaviors.

Data mining models

We can assist in developing models to mine for valuable data that could improve company processes.

Underwriting models

Model underwriting results to figure out which segments predict the best underwriting results.

Other advanced modeling techniques

for any of the above purposes (e.g., clustering, dimensionality reduction, splines, regularization, tree-based models, neural networks, etc.)

Catastrophe modeling

We can assist in the development of stochastic catastrophe models for some catastrophes.

Model evaluation and assistance with filing issues

We are experts in regulatory review of statistical models. We can assist with attaining regulatory approval of rating models by evaluating the model, identifying major issues, recommending easy solutions, and developing materials to clearly communicate model assumptions to ensure quick approval.