Statistical Data

OnDemand Webinar: Reserving and pricing actuaries will often do tests of actual vs. expected development factors on at least an annual basis to help assess the patterns selected and corresponding Initial Expected Loss Ratios. Investigating early trends and changes in ground-up and excess patterns is critical to avoid the traditional year on year cascading affect […]

OnDemand ISO – Celent Webinar: Does cutting workload by up to 60% and shaving 70% off the time to update ISO rating programs sound good to you? Keeping up with mountains of critical updates can feel like an avalanche burying your team week after week, month after month. And timely updates are essential to running […]

OnDemand Webinar Celent will present findings from their recent research report in which they surveyed Policy Administration System (PAS) vendors to understand their current and planned approach for supporting ISO rating to their customer base. The results show a movement to ISO Electronic Rating Content. Who Should Watch: Executives in underwriting, IT, and actuarial divisions, […]

(OnDemand) In today’s highly competitive personal lines marketplace, insurers are carefully considering how to measure risk more precisely. Such analysis can lead to more effective risk selection and greater pricing accuracy. The ISO Risk Analyzer® suite of predictive models provides an array of products to help you classify, segment, and accurately price your risks. In […]

(On-Demand) In a perfect world, audit managers could predict which audits would collect additional premium and which would return premium to the insured. Unfortunately, we don’t live in a perfect world. Most insurers set the timing of audits using the first-in, first-out method. Or they apply business rules based on the size of the account […]