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- in financial markets, hedging or any other strategy that reduces risk while permitting participation in potential gains
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- SPSS Launches Predictive Analytics Solution for Fighting Insurance Fraud; Will Significantly Improve Claims Process & Cut Costs
- CHICAGO -- SPSS (NASDAQ:SPSS), a worldwide leader of predictive analytics software, today unveiled a new solution that will reduce insurance fraud, significantly improve the claims process and cut costs. SPSS' PredictiveClaimsTM, an application based on real-time predictive analytic technology, integrates with existing claims-management systems to instantly determine which claims qualify...
- Research articles 2005-05-24
- Infinity Insurance to Fast Track Customer Claims with SPSS Predictive Analytics
- CHICAGO -- Infinity Property and Casualty Corporation (Nasdaq: IPCC), a nationwide automobile insurance provider based in Birmingham, Ala., has selected market-leading predictive analytics software to improve claim cycle time and enhance customer service.
- Research articles 2007-10-23
- Siebel Systems Announces Predictive Analytics Solution for Detecting and Preventing Insurance Fraud; Real-Time Claims Analytics Solution Enables Insurance Companies to Combat Fraud — Estimated to Cost $44 Billion Annually
- SAN MATEO, Calif. -- Siebel Systems, Inc. (Nasdaq:SEBL), the leading provider of customer-facing solutions, today unveiled advanced claims analytics capabilities in Siebel Insurance 7.8. With Siebel Insurance 7.8, Siebel Systems brings to market a fraud prediction solution that combines the power of predictive analytics, real-time claims detection, claims alerting, task...
- Research articles 2005-06-28
- Insurance Industry Decision Support: Data Marts, OLAP and Predictive Analytics
- Data Warehouses and Data Marts increase the power and efficiency of an Insurance company's Business Intelligence capabilities by supporting queries, OLAP and data mining. Web enabling of these applications makes them more user-friendly. The potential benefits greatly outweigh the costs. Data warehouse/data mart implementation streamlines information delivery for decision support...
- White papers 2005-02-22
Additional Resources
- Society Insurance Chooses Valen Technologies' UnderRight™ Predictive Analytics Solution
- UnderRight[TM] Predictive Analytics combined with Valen's Extensive Data Assets helps Society optimize policy pricing and improve profitability DENVER -- Valen Technologies, the turnkey predictive analytics experts for the property and casualty (P&C) insurance industry, today announced Society Insurance has selected Valen's UnderRight[TM] predictive analytics solution. Valen's predictive models will...
- Research articles 2008-09-16
- ICW Group Insurance Companies and Valen Partner to Develop Predictive Analytics Solution
- Wireless News 06-13-2009 ICW Group Insurance Companies and Valen Partner to Develop Predictive Analytics Solution Type: News ICW Group, an auto, work comp, catastrophe, and surety insurance carrier, reported it has selected Valen Technologies to develop a proof of concept using its...
- Research articles 2009-06-13
- ICW Group Insurance Companies Working With Valen Technologies on Predictive Analytics Solution
- ICW Group reviewing UnderRight ® Predictive Analytics Underwriting Solution to drive footprint expansion in workersâ?? compensation market SAN...
- Research articles 2009-06-09
- Leading Danish Insurer Improves Claim Handling & Customer Service with SPSS Predictive Analytics
- CHICAGO -- SPSS Inc. (NASDAQ:SPSS), a leading worldwide provider of predictive analytics software, today announced that Danish insurance company ALKA is fighting customer fraud and enhancing customer services with SPSS' PredictiveClaimsTM application. ALKA recently purchased and implemented the software to improve claim handling efficiency while reducing the cost of fraudulent...
- Research articles 2006-02-22
- Lincoln Financial Distributors Builds Data-Driven Strategies with SPSS Predictive Analytics
- CHICAGO -- Lincoln Financial Distributors, Inc., the wholesale distribution and marketing arm of Lincoln Financial Group (NYSE: LNC), has selected market-leading Predictive Analytics software from SPSS Inc. (Nasdaq: SPSS) to help gain a deeper understanding of its financial intermediary customer base and use that knowledge to develop more effective sales...
- Research articles 2008-02-25
- Software targets insurance fraud.(Industry News)(Brief Article)
- CHICAGO-Predictive analytics software company SPSS Inc. has released a new application intended to reduce insurance fraud, improve the claims process and reduce insurers' costs. Based on real-time predictive analytic technology, PredictiveClaims i CHICAGO-Predictive analytics software company SPSS Inc. has released a new...
- Research articles 2005-06-01
- IBM buys software firm SPSS for USD1.2bn
- IBM is buying Chicago-based software analytics firm SPSS in an all-cash deal worth USD1.2bn. The move is designed to bolster IBM's existing information management software portfolio, in a bid to provide broader predictive data services to a range of business customers. The buyout was agreed at a price of...
- Articles 2009-07-27
- Could Credit Card Outrage Impact Insurers?
- It's no accident that the National Association of Insurance Commissioners NAIC, the U.S. insurance industry's regulators, will hold a hearing tomorrow on the use of "credit scoring." The announcement follows closely on the heels of President Obama's meeting with the executives of banks that issue credit cards at which he...
- Blog posts 2009-04-29
- Top Dutch Insurer Interpolis Selects SPSS Software for Lead Generation; Aiming at Revenue Increase Using PredictiveMarketing™
- CHICAGO -- SPSS Inc. (NASDAQ:SPSS) today announced that Interpolis, one of the largest property and casualty insurers in the Netherlands, has purchased SPSS' predictive analytics software to further grow its business through lead generation. Harnessing SPSS' PredictiveMarketing, Interpolis will be able to predict which customers are most likely to buy...
- Research articles 2005-11-30
- Lead Gen Provider eBureau Raises $10 Million Third Round
- Analytics and lead gen firm eBureau has closed a $10 million third round as it looks to open more offices in the U.S. and expand into the UK. The round was led by Tenaya Capital, Split Rock Partners and Redpoint Ventures. With this round, the St. Cloud, Minn.-based company...
- External links 2009-09-29
- Transforming Underwriting: From Risk Selection to Portfolio Management
- Nothing in insurance is more important than risk selection and risk pricing. The convergence of four technologies-business rules engines, predictive scores/analytics, data management, and optimization-now provides insurers with a significant opportunity to improve how they do underwriting. These technologies create a superior way to evaluate risks and to determine a...
- White papers 2004-03-01
- IVOX Announces Strategic Alliance with ISO to Jointly Develop Innovative Products for Driver Safety
- ATLANTA -- IVOX([R]), the expert in predictive driver risk management, today announced a strategic alliance with Insurance Services Offices, Inc. ISO, a leading source of information about risk, data, analytics and decision-support services. This alliance will help IVOX further its mission of assessing and managing risk in private and commercial...
- Research articles 2008-10-03
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