Technical Web Seminar: On-Demand
 

Maximizing Lift for Your Company Using
ISO Risk Analyzer®
 

Using a combination of advanced predictive modeling methodologies and various data sources, the models available through ISO Risk Analyzer® provide significant refinement to existing rating plans. Join us for a 90-minute technical web seminar designed for managers and analysts who build predictive models and generalized linear models.

This event will include a description of the ISO Risk Analyzer intermediate modeling elements called components, which insurers can use as input to their own models. The components are combinations of hundreds of indicators that have a proven relationship with insured losses and, as a result, can be used to accelerate your modeling efforts significantly. We'll also provide concrete illustrations of how to use the components in modeling.

You'll see examples from both the personal auto and homeowners lines of business that use models of geographic risk and vehicle characteristics. By the end of the seminar, you'll have a clear understanding of how to use the predictive elements to enhance lift in your modeling efforts versus standard models.

Original Presentation Date: Thursday, April 7, 2011

Target Audience: Managers and analysts who build predictive models and generalized linear models.

Speakers David Cummings, FCAS, MAAA Vice President and Chief Actuary ISO Innovative Analytics David Cummings is responsible for providing strategic leadership for IIA regarding insurance analytics and predictive modeling, as well as developing and executing predictive modeling plans to create new and updated analytic products. Mr. Cummings earned his master's degree in computational and applied mathematics from Rice University and a bachelor's degree in mathematical sciences and operations research from the United States Air Force Academy. In addition to being a Fellow of the Casualty Actuarial Society (FCAS) and a Member of the American Academy of Actuaries (MAAA), Mr. Cummings is a Chartered Property Casualty Underwriter (CPCU). He is also a member of the Institute for Operations Research and Management Science and currently serves as a trustee of The Actuarial Foundation. Douglas Wing Manager, Analytics ISO Innovative Analytics Douglas Wing has eight years of experience in the property/casualty insurance industry, specifically in developing and implementing predictive models. Before joining IIA, he spent three years at Liberty Mutual, working as an actuarial analyst in its research and development group. Mr. Wing earned his master’s degree in mathematics from the University of Massachusetts and his bachelor’s degree in mathematics from the University of Maine.

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