Vendors
日本語
search
  2. //
  3. Reports & insights
  4. //
  5. Predictive Analytics in Insurance: 2014 IT Vendor Spectrum

Predictive Analytics in Insurance: 2014 IT Vendor Spectrum

Create a vendor selection project
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
We are waiting for the vendor to publish their solution profile. Contact us or request the RFX.
Projects allow you to export Registered Vendor details and survey responses for analysis outside of Marsh CND. Please refer to the Marsh CND User Guide for detailed instructions.
Download Registered Vendor Survey responses as PDF
Contact vendor directly with specific questions (ie. pricing, capacity, etc)
20 February 2014
Nicolas Michellod

Abstract

A growing proportion of insurers are looking for solutions that can help them make better decisions. Predictive analytics represent a key enabler: not only allowing insurers to better understand the past, but also providing valuable input to help anticipate the future.

In the report, Predictive Analytics in Insurance: 2014 IT Vendor Spectrum, Celent reviews IT vendors and their offerings. This report profiles 12 IT vendors and 16 predictive analytics systems and is not restricted to a specific geography.

“Insurers are focused on improving the basics of their business around crucial processes like sales and marketing, pricing and underwriting, as well as claims management,” says Nicolas Michellod, Senior Analyst with Celent’s Insurance Group and author of the report. “This research should serve as a guide to help insurers choose the appropriate solutions to meet their needs.”

Each vendor is profiled using the same structure, starting with a synoptic table presenting the company and its solution. Celent describes each solution’s offerings in terms of their customer base, data sources supported, functionality, predictive analytics, modeling capabilities, technology, implementation, and costs.

The vendors profiled in this report are: Boire Filler Group, EagleEye Analytics, Earnix, FICO, HUGIN Expert A/S, IBM, iGate, LexisNexis Risk Solutions, Pegasystems Inc., SAS, Valen Analytics, and Verisk Analytics. Although this list is not exhaustive, it provides a valuable sample of vendors that have already implemented solutions in the insurance industry.

Client Access