SAS: Building Believers: How to Expand the Use of Predictive Analytics in Claims
Insurers have used predictive analytics successfully and broadly in pricing and underwriting applications for some time. If you read the latest material from industry analysts and articles in IT and claims magazines, you can deduce that most insurers should be well on their way to deploying predictive modeling for well-defined improvements in the claims arena.
However, after conducting interviews and research on adoption rates, The Gorman Group and SAS reached a different conclusion
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