Homeowners Insurance Ratemaking Approaches Survey 2014 [Infographic]

In a recent survey conducted jointly with Verisk Insurance Solutions, we asked 99 insurance professionals about their best practices in ratemaking approaches specifically regarding homeowners coverage in the US and Canada. It’s no secret that Homeowners business has historically taken a back seat to the Auto business for insurance carriers when it comes to profitability…

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Do I Have Enough Data for Predictive Analytics?

The answer is probably yes. It is 2014 – everybody has heard about “Big Data” and “Data Science,” and everybody has gigabytes and terabytes of data ready to analyze. Over the past few years alone, Google Trends shows that interest in the search term “Big Data” has skyrocketed tenfold. The question is really not about the amount of data…

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