Regional Insurer AmFed Begins Using Predictive Analytics to Write WC Policy

A regional carrier serving 10 states in the southeastern U.S. has begun using predictive analytics to write workers' compensation policies. AmFed underwriters now use Valen Analytics' InsureRight platform to analyze risk and project potential profits. "We decided that in order to remain competitive in the current insurance environment, we needed a robust predictive analytics tool," AmFed's president and CEO, Billy Roberts, said in a statement provided to Valen. Roberts called the Valen partnership "a big investment" that he's confident will "help us ...