Protect Your Business with a Clearer Picture of Risk

Economic optimism on the part of small and micro business owners is at its highest level since 2006,1 and that presents exciting opportunities for commercial insurance carriers. Increasingly, carriers are taking advantage of these opportunities by investing in strategic initiatives that tap technology …

Aligning Predictive Model Development with the Product Development Lifecycle

A few best practices can make developing predictive models achievable for any carrier, regardless of the level of predictive modeling expertise. As I explained in my previous post, following a structured development process that aligns with the four-stage product development …

Best Practices When Applying Predictive Modeling to Small Commercial Insurance Risk Assessment

A small commercial underwriting vice president attends a predictive modeling seminar, does some additional research, and comes to believe implementing a model is critical to the business’s success. However, when faced with broaching the idea to the organization, the VP …