In 2017, Insurity acquired Valen Analytics® (Valen). Founded in 2004, Valen is a provider of proprietary data, analytics and predictive modeling for P&C insurers. Valen partners with insurance carriers to improve underwriting performance by providing proprietary data, predictive analytics & predictive models. Their InsureRight platform leverages a suite of tools to provide insurers with a proprietary set of underwriting and insurance predictive analytics in addition to access to immense external and contributory data assets.
Valen works with insurers who are actively looking to utilize modern approaches to pricing, risk selection, claims triage, and premium fraud. Their customers are focused on increasing competitive pressures, fighting adverse selection with innovative solutions, and raising awareness for the impending “experience gap” with initiatives such as Insurance Careers Movement. Valen customers span many lines of business including Homeowners, Personal Auto, Workers’ Compensation, Commercial Auto, Commercial Package, Commercial Property, and BOP.
Learn more at valen.com.