UBIC Selects Valen Analytics to Improve Underwriting Processes and Business Agility
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"As a growing workers' compensation company, it is imperative that UBIC be in the forefront of InsurTech," said
Valen's predictive model, built on the InsureRight Platform, will enable the insurer to increase profitability, improve bind ratios, and target new business opportunities. The platform is powered by Valen's contributory database, representing the most robust purpose-built data consortium for predictive analytics.
"UBIC selected Valen Analytics as our predictive model provider because of their industry experience, knowledge, and customer service," said
"Workers' Compensation remains a highly competitive line that requires insurers to innovate their underwriting processes to maintain and grow profitability," said Dax Craig, CEO of Valen Analytics. "By providing analytically-driven tools to their underwriters, UBIC is in an excellent position to adequately price the policies that suit their risk appetite."
For more information on Valen Analytics' InsureRight Platform, visit www.valen.com. About
Keywords for this news article include: Valen Analytics, Information Technology, Information and Data Analytics.
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