Data analytics and predictive modeling are quickly becoming workers’ compensation industry staples as more employers recognize that the technology can positively impact their operations by improving claims management, risk assessments and loss costs. This session at the 24th Annual National Workers’ Compensation & Disability Conference illustrated key elements to include in workers’ compensation predictive models. […]

Leading Self-Insured Groups (SIGs) are finally embracing “BIG DATA” trends and initiatives are underway to focus the power of machine learning on the claims and underwriting operations of SIGs. Advanced analytics and predictive modeling are helping SIGs improve loss ratios, enhance dividends and improve their market position. This was the subject of a 2015 SIIA […]

At the 2015 Philly I-Day, Phillip Ellis, Chief Executive Officer, Global Solutions Consulting at Willis Group and James Coyle from Willis Group presented on how to convince your CFO or Treasurer that your insurance program is good value. The answer? Analytics.   The session began with focusing on why analytics are important to corporate risk executives. The […]