Valen to develop a proof of concept using its UnderRight predictive analytics underwriting solution, for ICW Insurance' workers’ compensation line of business.
ICW Group has selected Valen Technologies to develop a proof of concept using its UnderRight predictive analytics underwriting solution for their workers’ compensation line of business.
ICW is eyeing to increase its market footprint for their workers’ compensation line of business, through expansion into new jurisdictions, classes and policy sizes.
The Valen solution will help ICW in acheiving its goal as well as streamline operations through improved underwriting automation.
ICW represents a group of multi-line property and casualty insurance carriers providing workers’ compensation, surety, DIC and personal and business automobile insurance.
Valen Technologies helps improve underwriting and premium audit results through its software-as-a-service predictive analytic solutions, UnderRight and AuditRight.