Valen Process

We've got predictive analytics down to a science.

Insurance carriers must employ strong predictive models throughout their business to achieve quality growth, pricing precision, more effective producer relationships and streamlined processing flows. The power and success of these models depends on the carrier's ability to understand that it is not just about modeling. Carriers must focus equally on organizational readiness, data, analytics, deployment and the monitoring and refreshing of models in order to harness the true power that predictive analytics offers.

Valen's unique closed-loop solution for predictive analytics supports an initiative from start to finish, providing an overall platform to expand the use of predictive analytics throughout the organization. Valen has developed a highly automated process to validate and enrich data, create and deploy predictive models, monitor the models in production and provide needed visibility through strong reporting capabilities. While each of Valen's predictive models is unique, the six phases of a successful predictive analytics initiative are always the same.

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As a software as a service provider, Valen focuses heavily on being transparent and striving for maximum knowledge transfer in our client interactions. Our goal is to help our customers quickly deploy predictive analytics into their business and then encourage them to drive more and more of the process over time as they develop greater skills and experience. Valen's platform provides technology automation throughout the six phases, while our expert staff works closely and transparently with our customers to ensure that maximum benefit is extracted at each step of the process.