LexisNexis Predictive Modeling Description
Analytics models that target the ideal prospects based upon your priorities and criteria can help you increase retention and acquisition. Predictive analytics models integrated directly into your workflow can reduce the age of claims, detect fraud earlier and uncover hidden patterns, helping to better allocate resources to priority cases. Partner with an advanced analytics provider who is skilled in developing predictive models that will help insurance customers achieve their business goals. During development and production, a dedicated team of experts socializes models with state regulatory bodies to answer questions and gain feedback. Predictive models can help you improve your volume and profitability by dividing risks into the right categories.