Webinar: Making Predictive Analytics Operational for Real Time Underwriting

In a softening market, insurance carriers are rightly concerned about the downward spiral in premiums. Forward-looking carriers are searching for strong competitive advantage. Carriers who can segment their business more granularly and implement precision pricing strategies will retain a higher percentage of lower risks and avoid higher risks altogether.

The only way to truly leverage predictive modeling is to be able to incorporate the models into your day-to-day underwriting process. If the models cannot be made operational, you are not deriving the full business value. However, building, integrating and deploying predictive models into your underwriting environment has proven to be challenging.

FirstBest Systems, developer of next-generation Underwriting Management SystemsTM provides a comprehensive underwriting solution that integrates real-time, operational predictive models from Valen Technologies, a pioneer in predictive analytics for the insurance industry. The result: pricing precision at the underwriter’s desktop.

Join us to learn about how the combined FirstBest-Valen solution enables carriers to increase profitability by making predictive analytics operational for real time underwriting:

• Match premium to risk
• Credit only those risks truly worth chasing in a soft market
• Avoid adverse selection
• Unlock underwriting decision data

Request the recording for this Webinar and learn how you can enable a powerful underwriting solution by combining Valen Technologies Predictive Analytics with the FirstBest Underwriting Management System.