predictive modeling survey News

Survey Finds Uptick in Use of Predictive Analytics by P/C Carriers

Over the next two years, many property/casualty insurers expect to advance their use of predictive analytics to both improve business performance and leverage big data, according to Willis Towers Watson, a global advisory, broking and solutions company. This seemingly makes …

Nearly 100% of Insurers Report Higher Profits Using Predictive Modeling

Predictive modeling has notably increased in value across several areas of property/ casualty insurers’ business over the past six years, according to global professional services company Towers Watson’s annual Predictive Modeling Survey. The web-based survey of U.S. and Canadian P&C …

Survey: P&C Insurers Expand Usage of Predictive Modeling

Predictive modeling continues to gain momentum among North American property & casualty (P&C) insurers, according to findings from global professional services company Towers Watson’s third predictive modeling survey. The findings show that while the potential to advance critical areas of …