Predictive Modeling

Predictive modeling is a process in which we develop a variability model based on a company’s loss data and risk profile and use this model to simulate ultimate loss outcomes.  From these outcomes we can develop confidence levels which allow management to book to a higher or lower confidence level depending on their preference.  Predictive modeling can be used in a variety of areas – from ratemaking to reserving; captive feasibility to enterprise risk management.

Typical Services Provided:

  • Confidence Level Analysis
  • Dynamic Financial Analysis (DFA)
  • ERM Analysis
  • Captive/RRG/Self-Insurance Feasibility
  • Retention Analysis

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