“As an analytically-driven organization, we are continually looking for ways to improve our underwriting performance and believe the InsureRight Platform will assist our decision-making when it comes to pricing and risk decisions,” said
Valen’s custom-built predictive model for New Mexico Mutual is hosted on the InsureRight Platform and powered by Valen’s contributory database, which represents the largest and most robust data consortium specifically built for predictive analytics. By providing policy information at the point of decision, underwriters will not only have increased visibility into risks, but also improve their ability to respond to agent requests and service policyholders much faster.
“Predictive analytics are imperative to an underwriter’s toolkit, and we continually see more carriers recognize its importance for success,” said Dax Craig, CEO of Valen Analytics. “We applaud New Mexico Mutual’s commitment to agents and policyholders by taking a modern approach to real-time decision support from implementing advanced analytics.”
More information about the InsureRight Platform can be found online at www.valen.com.
About Valen Analytics
Valen Analytics is a provider of proprietary data, analytics and predictive modeling for property and casualty insurers. We work with insurers who are actively looking to utilize modern approaches to pricing, risk selection, claims triage, and premium fraud. Our customers are focused on increasing competitive pressures, fighting adverse selection with innovative solutions, and raising awareness for the impending “experience gap” with initiatives such as
About New Mexico Mutual
New Mexico Mutual is the largest writer of workers’ compensation insurance in
Fusion PR on behalf of Valen Analytics
Source: Valen Analytics