ISO released the next generation of its ISO Risk Analyzer Personal Auto Environment Model, a predictive analytic tool insurers can use to improve territory rating of their personal auto business.
The new version's enhancements are representative of ISO's continued commitment to investing in its predictive models and analytic solutions.
"With the availability of new and updated sources, we've been able to add new variables, refresh and renew our data sets, and refine our methodology accordingly," says senior vice president of ISO Insurance Programs and Analytic Services, David Cummings. "This enhanced environmental module builds on the strengths of ISO Risk Analyzer, offering insurers even more accuracy in classifying, segmenting and pricing auto risks to improve positioning in the marketplace."
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