Predictive Modeling Benchmark Survey (U.S.)

Overview

Willis Towers Watson’s 2016 Predictive Modeling Benchmark Survey asked U.S. P&C insurance executives how they use or plan to use predictive analytics and big data. The survey was fielded from September 7 to October 24, 2016. Respondents comprise 14% of U.S. personal lines carriers and 20% of commercial lines carriers.

This concise report provides an overview of how U.S. P&C insurers are progressively expanding their use of predictive models, both in core risk selection and underwriting, and in other business operations.

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