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Insurers Say Predictive Modeling Is Boosting Their Profits

Insurers Say Predictive Modeling Is Boosting Their Profits

 ARLINGTON, Va. Feb. 9 (Korea Bizwire) — Predictive modeling has notably increased in value across several areas of property & casualty (P&C) insurers’ business over the past six years, according to global professional services company Towers Watson’s (NYSE, NASDAQ: TW) annual Predictive Modeling Survey. Towers Watson first surveyed P&C insurers on their predictive modeling techniques [...]