predictive analytics News

Hahn to Lead Predictive Analytics at Zurich North America

Property and casualty insurance provider Zurich North America, based in Schaumburg, Ill., appointed Peter Hahn as head of predictive analytics. Hahn comes to Zurich from McKinsey & Company Inc., where he led the underwriting service line for McKinsey’s North America …

Predicting Crime with Big Data Without Breaking the Bank

Researchers at Rutgers’ School of Criminal Justice have developed commercial technology that public safety practitioners and researchers worldwide are using to fight crime. Leslie Kennedy and Joel Caplan of Rutgers invented a technique that uses crime data to identify and …

CoreLogic Acquires Catastrophe Modeling Firm Eqecat

CoreLogic, an Irivine, Calif. company that provides the insurance, financial services and real estate industries with data and analytics, has acquired catastrophe modeling firm Eqecat from ABS Group. Alyson Austin, CoreLogic spokesperson, said the transaction closed on Dec. 20. The …

Use of Predictive Models Widespread in P/C Insurance: Survey

A survey of North American insurance professionals reveals widespread use of predictive analytics in the property/casualty insurance industry, with as many as 82 percent responding that they use predictive modeling in one or more lines. Earnix, a provider of pricing …