Posted By: Meri Gruber | Posted On: 3rd March 2018 |
Learn how to deliver data-driven claims handling decisions to maximize straight-through processing and minimize risk. Free 30′ Express Webinar March 28, 2018, 4:00 PM EST Register here. A claims handling pilot delivers data-driven claims risk, fraud and wastage decisions directly into your claims process. Using real-world examples, learn how you can maximize straight through “Jet” […]
Posted By: Meri Gruber | Posted On: 28th May 2015 |
Our popular white paper, Next Generation Claims Systems with Decision Management, has been updated for 2015. Decision Management delivers next generation claims systems that act immediately, increase agility, consistency and accuracy, improve customer satisfaction, speed response and reduce costs. Insurers can achieve significant speed-to-market gains, reduce fraud and create innovative new claims processes. Today’s insurance […]
Insurers of all sizes know they must adopt analytics, especially predictive analytics, to maximize the value of their customers, manage risk and compete effectively. One-off, ad-hoc approaches to analytics can demonstrate the value of analytics but are no basis for ongoing success. To succeed, Insurers need to industrialize their approach to analytics, making it integral to day-to-day operations.
In this session leading expert James Taylor will share the three keys to success based on his experience of helping insurers industrialize their analytic efforts and so u
Posted By: James Taylor | Posted On: 17th December 2013 |
Valen Analytics has been around since 2004 and is focused on providing proprietary data, analytics and predictive modeling to the Property and Casualty market with 25 customers in production. To help carriers manage and segment their portfolios to drive underwriting profitability, Valen develops productized models based on pooled consortium data for carriers. Valen’s InsureRight platform allows them to collect data from multiple carriers, develop consortium models with this anonymized data and external data, and then tune and deploy these models for each carrier to use in production. The platform has a series of layers:
A base layer stores industry data and external data as well as providing a data warehouse for reporting against their customers’ systems of record. Predictive analytic models are then built with this data.
There is a layer that supports data governance, scoring of the predictive models and portfolio m
Posted By: James Taylor | Posted On: 14th October 2013 |
I am speaking at the Insurance Analytics Symposium this week so I thought I would post a link to a white paper relevant to the insurance industry – Next Generation Claims Systems with Decision Management. Decision Management delivers next generation claims systems that act immediately, increase agility, consistency and accuracy, improve customer satisfaction, speed response and […]
Posted By: James Taylor | Posted On: 28th August 2013 |
Regular readers know that there is an events category on the blog that shows the upcoming opportunities to hear me speak, attend one of my webinars, or come to a workshop. These get tweeted by me (@jamet123) but for various technical reasons don’t appear on the home page except as part of the calendar widget. […]
Posted By: James Taylor | Posted On: 27th June 2013 |
I am speaking at the Insurance Analytics Symposium (October 17-18) on Overcoming Barriers to Predictive Analytic Success – Before You Hit Them at 11:30am ET on Friday October 18. Maximizing the value of predictive analytics is a clear driver of future success in the insurance business. Yet many predictive analytic efforts fail to deliver hoped for business […]
Posted By: James Taylor | Posted On: 4th June 2013 |
I got an update from Exigen Services recently on their OpenL Tablets business rules product. Exigen Services is a global IT company focused on core systems transformations and management consulting. They have 10 delivery centers around the world and about 1,500 professionals. They work in most industries with a focus on insurance, financial services, pharma, […]
Posted By: James Taylor | Posted On: 30th April 2013 |
Here are the slides for my session at IBM IMPACT today Decision Management Cases: Agility and Adaptability from James Taylor Hope you enjoyed the posts from IMPACT. Don’t forget to sign up for the newsletter if you aren’t already and contact us if you need any help with Decision Management.