Whether you need to determine how predictive analytics can help your organization, or you've been using predictive analytic techniques for years, we can develop specific predictive analytic applications or act as advisors to your predictive analytics practice. As recognized leaders in predictive analytics, pricing and underwriting, we have handled more than 100 projects during the past 10 years for insurers of all sizes, from four of the top 10 property/casualty insurance companies to small insurers. As a result, our nationally recognized predictive analytics experts can help address your most critical pricing, underwriting, claims and marketing needs.
As part of Pinnacle’s ongoing commitment to knowledge transfer, we offer training so your team can learn how to apply basic and state-of-the-art predictive analytic techniques and to develop basic and advanced applications. Our modeling tools are flexible and quick enough to perform applications in real time at your office, and our training walks you through the process to ensure your complete understanding.
Pinnacle provides you with substantial benefits from our predictive analytics solutions, which include:
- Risk pricing and selection
- Claims and underwriting process improvements
- Profitable, long-term customer identification
Predictive Analytics Services
ClaimsPinnacle uses predictive analytics to help you better understand how key factors, such as reporting delays, vendors, independent adjusters, attorney involvement, injury type and claimant characteristics, impact your claims process.
Class Factor AnalysisPinnacle helps insurers identify rating plan elements that can be more appropriately priced or added for additional risk segmentation.
Credit ScoringPinnacle can optimize your use of credit-related characteristics to help you develop and maintain a competitive advantage.
Lifetime Customer ValuePinnacle uses lifetime customer value analysis to develop a long-term view of customer value and determine how you can best use this information to make more profitable long-term decisions.
MarketingPinnacle’s predictive analytics team performs marketing analyses that help you more effectively target profitable new business.