Videos
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.